Guwahati: Tata Technologies Ltd, a global engineering and product development digital services firm has decided to collaborate with the Assam government to transform 34 state polytechnics and 43 Industrial Training Institutes (ITIs) into futuristic Centres of Excellence (CoEs) at a whopping cost of 2,390 crores and the announcement was made on May 11.
Tata Technologies, via a statement, informed that they have signed a 10-year Memorandum of Agreement (MoA) with the Assam government for this purpose.
They will be upgraded after which these COEs will meet the advanced skill needs of students aligned to Assam's core sectors and will also serve as a technological and industrial centre for MSMEs.
It stated that the overall proposed investment in this project will amount to Rs 2,390 crore. Subramanian Ramadorai, Chairman of Tata Technologies, commented on the partnership by saying that technology is advancing rapidly and that competent labour is not in abundance and its supply is limited.
Subramanian went on to say that the upgradation of the country's state polytechnics and ITIs is of utmost significance and the latest technologies should be taught to the youth so as to keep up with the changing technical trends and make the lateral move toward Industry 4.0-powered smart company operations.
"The updated COEs will provide a wide range of courses to upskill Assamese youth in many conventional and new age industries, empowering the northeast region of India, which is a critical emphasis for the Tata Group," he added.
"Through this collaboration with the Assam government, we will leverage our product engineering expertise and manufacturing domain knowledge to create future-ready courseware and training platform that allows students at polytechnics and ITIs to develop their skill sets and capabilities in line with Industry 4.0 requirements and be part of the rapidly transforming ecosystem," said Warren Harris, Managing Director and CEO of Tata Technologies.
"The technology upgradation of polytechnic and ITIs will lead to better employment opportunities for the local youth and transform the state of Assam into a potential investment destination for all those industry players keen on embracing Industry 4.0 and smart technologies for manufacturing," the statement said, quoting Assam Chief Minister Himanta Biswa Sarma.