Jaipur, Oct. 13 -- A Rs.241-crore investment plan has been approved to upgrade five government industrial training institutes (ITIs) in Rajasthan's Bhiwadi cluster under the Centre's PM-SETU scheme to align vocational training with industry requirements. Following approval by the National Steering Committee, a shareholder agreement was signed between the Centre, Rajasthan government and anchor industry partner H.G. Infra Engineering Limited. Rajasthan is the first state to sign such an agreement under the scheme, according to the state government. Government ITI Bhiwadi will serve as the hub, with ITIs in Alwar, Neemrana, Tijara and Kishangarhbas as spoke institutions. The cluster will focus on infrastructure and construction, offering modern laboratories, smart classrooms, digital learning and workplace training. Courses in advanced manufacturing, automation and engineering are planned to meet demand from automobile, electronics and manufacturing industries near the National Capital Region. Under the funding arrangement, the Centre will bear 50% of the cost, the state government 33% and industry 17%. The anchor industry partner will hold a 51% stake in the special purpose vehicle managing the cluster, while the Centre and state will hold 24.5% each. The state has invited proposals for anchor industry partners for 11 more clusters....