Industry 4.0: Telangana govt to launch Rs.2,324.21 Cr project to upgrade 65 ITIs to ATCs

Hyderabad: Telangana government has decided to upgrade the Industrial Training Institutes (ITIs) as Advanced Technology Centers (ATCs) to hone the skills of the youth and meet the growing Industrial needs (Industry 4.0) of skilled manpower.

Chief Minister A Revanth Reddy is determined to promote Telangana as the destination for a skilled youth force for employment generation.

The government already entered into a 10-year Memorandum of Understanding (MoU) with Tata Technologies Limited (TTL) to upgrade 65 ITIs as ATCs in the state.

Here are the project highlights:

65 ITIs will be upgraded as ATCs. Training will be provided to the Youth in ATCs to meet the requirements of the Industry. For this, advanced equipment and technology will be installed in ATCs.

TTL already employed 130 experts to impart training to youth in ATCs.

5,860 people are being trained in six types of long-term courses every year. Training in short-term courses will be offered to 31,200 people.

Only 1.5 lakh people have been provided training in ITIs in the last ten years. Four lakh people will be trained in the next ten years in the ATCs.

The total cost of the project to convert ITIs into ATCs will be Rs.2,324.21 crore. The state government will contribute Rs.307.96 crores (13.26 percent). The TTL's share will be Rs.2016.25 crore (86.74 percent).

The ATCs will not only offer training in various courses but also act as skill development centers. The ATCs will also play the role of Technology Centers (Technology Hub) for aspiring entrepreneurs in small, micro, medium, and large-scale industries.

TTL will also offer job opportunities to those trained in various courses in the ATCs.

The ATCs will extend their services to Polytechnic and Engineering students in the future.