The National Steering Committee (NSC) has approved the Strategic Investment Plan (SIP) for the Visakhapatnam Industrial Training Institute (ITI) Cluster in Andhra Pradesh. Andhra Pradesh has become the first state to operationalise an industry partnership under the PM-SETU scheme.
The plan was submitted by ArcelorMittal Nippon Steel India in collaboration with its academic partner, New Age Makers Institute of Technology (NAMTECH). It is to be noted that this is the first-ever Strategic Investment Plan cleared under the PM-SETU scheme, which has an outlay of ₹60,000 crore.