The National Steering Committee has approved the first-ever strategic investment plan under the Rs 60,000 crore PM-SETU scheme for the Visakhapatnam ITI Cluster in Andhra Pradesh, proposed by ArcelorMittal Nippon Steel India

The National Steering Committee (NSC) has approved the strategic investment plan for the Visakhapatnam ITI Cluster in Andhra Pradesh submitted by ArcelorMittal Nippon Steel India under the Rs 60,000 crore PM-SETU scheme, the government said on Saturday.

The approval marks the first-ever Strategic Investment Plan to be cleared under Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) and makes Andhra Pradesh the first state to operationalise an industry partnership under the scheme.

The approval was accorded during the 3rd National Steering Committee Meeting convened by the Ministry of Skill Development and Entrepreneurship.

“With this approval, Andhra Pradesh becomes the first State under PM-SETU to onboard an Anchor Industry Partner (AIP), marking a major milestone in the operationalisation of the industry-led Hub-and-Spoke model envisioned under the scheme,” an official statement said.

“In the coming months, further Strategic Investment Plans are expected to receive National Steering Committee approval, paving the way for a transformed vocational education and training ecosystem for Viksit Bharat 2047,” an official statement said.

PM-SETU enters industry-led implementation phase

With 32 States and Union Territories having constituted their State Steering Committees and 12 States/UTs having floated their Requests for Proposals for inviting industry participation in the selection of Anchor Industry Partners -- several of which are approaching closure within the coming weeks -- PM-SETU stands at the threshold of a full-fledged, industry-led implementation phase, the Ministry of Skill Development and Entrepreneurship stated.

A robust pipeline of state-industry consultations, with multiple rounds concluded and several more scheduled in the weeks ahead, reflects deepening convergence between industry interest and state preparedness, it added.

Visakhapatnam cluster seen as model for vocational training reforms

The approval of the Visakhapatnam Cluster represents a significant step towards transforming Industrial Training Institutes into industry-managed, outcome-oriented institutions capable of responding to evolving workforce requirements.

The successful approval of the proposal is expected to serve as a model for other states seeking to strengthen industry participation in vocational education and training and accelerate the implementation of PM-SETU interventions across the country.

Focus on governance, employability and future-ready skills

The National Steering Committee also reviewed the overall progress of PM-SETU implementation across participating States and deliberated on policy and implementation measures aimed at strengthening industry participation, improving institutional governance, enhancing the financial sustainability of Special Purpose Vehicles (SPVs), and accelerating the operationalisation of projects under the scheme.

The discussions focused on advancing industry-led governance mechanisms, promoting outcome-based skilling, and strengthening partnerships between industry, State Governments and training institutions to ensure that India’s vocational education and training ecosystem remains responsive to emerging sectoral demands and future workforce requirements.

PM-SETU, a flagship initiative of the Government of India with an outlay of Rs 60,000 crore, aims to transform 1,000 Government ITIs through an industry-led Hub-and-Spoke model.

The scheme seeks to modernise infrastructure, strengthen industry engagement, improve employability outcomes, and establish National Centres of Excellence (NCoEs) in high-growth sectors, building, through stronger government-industry partnerships -- a future-ready workforce equipped for advanced manufacturing and emerging technologies.

Published on May 30, 2026