The Ministry of Skill Development and Entrepreneurship (MSDE) has signed a Shareholders’ Agreement (SA) with Arcelor Mittal Nippon Steel India and the state governments of Andhra Pradesh and Gujarat to upgrade 9 Government Industrial Training Institutes (ITIs) under the PM Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme with an investment of ₹440 crore.
Under the agreement, 5 Government ITIs in the Surat cluster of Gujarat will be upgraded with ₹240 crore, and 4 Government ITIs in the Visakhapatnam cluster of Andhra Pradesh will be upgraded with ₹200 crore.