Maharashtra Approves PPP Policy to Modernize 418 ITIs
The first phase will upgrade 25 institutes with private investment and emerging technology-focused curricula, aiming to enhance employability and global competitiveness.
Overview
- The Maharashtra Cabinet, chaired by CM Devendra Fadnavis, approved a public-private partnership policy to modernize 418 government ITIs, retaining state ownership while leveraging private expertise.
- The pilot phase will cover 25 ITIs, with plans to expand to 100 institutes after evaluating initial outcomes under the new framework.
- Private partners must invest a minimum of ₹10 crore for a 10-year term or ₹20 crore for a 20-year term, with funds directed toward infrastructure, training equipment, and curriculum updates.
- Training will focus on emerging sectors like AI, cybersecurity, robotics, additive manufacturing, and green energy, aligning with global industry demands.
- Strategic partnerships include MITRA, NGOs, and multilateral lenders like the World Bank, with potential ADB funding to support rural ITI upgrades.