New Delhi, May 30 -- In a landmark development under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, the National Steering Committee (NSC) has approved the Strategic Investment Plan (SIP) for the Visakhapatnam ITI Cluster in Andhra Pradesh, submitted by ArcelorMittal Nippon Steel India (AM/NS India) along with their academic partner New Age Makers Institute of Technology (NAMTECH).

The approval marks the first-ever Strategic Investment Plan to be cleared under PM-SETU and makes Andhra Pradesh the first State to operationalise an industry partnership under the scheme.

According to the statement released by the Ministry of Skill Development and Entrepreneurship on Saturday, the approval...