Chennai, June 14 (KNN) The Tata Technologies has signed an agreement with the Tamil Nadu government to transform 71 government Industrial Training Institutes (ITIs) across the state into modern technology centres and training facilities.

The Memorandum of Agreement (MoA) signed is for a period of 5 years and entails an investment of around Rs 2,204 crore. 

The objective of the pact is to bridge the gap between academia and industry by establishing modern technology centres to facilitate innovations and skill development of students and industry professionals.

Post upgradation, these technology centres will serve as industrial hubs for MSMEs.

"The upgraded technology centres will help us upskill and reskill the youth of Tamil Nadu to meet the emerging industrial requirements in the state, thereby attracting more investments, creating more job opportunities, and helping us become a USD 1 trillion economy by 2030”, said the company.

Along with the technology transformation of the ITIs, Tata Technologies will also be providing industrial support for trainers' training and ensuring maintenance of the new set-up.  (KNN Bureau)