ADB Approves $109.97 Million Loan to Transform Skills Development in Gujarat
In a major push toward strengthening India’s workforce capacity, the Asian Development Bank (ADB) has approved a $109.97 million results-based loan to support Gujarat’s efforts in advanced technical and vocational education and training (TVET). This initiative, executed through the Gujarat Skills Development Program, aims to create a globally competitive, inclusive, and technologically equipped workforce that meets the demands of fast-evolving industries such as automotive, logistics, IT, healthcare, and renewable energy.
On 13 June 2025, ADB formally approved a $109.97 million loan for Gujarat. The loan supports the state’s Labor, Skill Development and Employment Department in partnership with Kaushalya: The Skill University (KSU). The move is part of a larger plan to future-proof India’s industrial workforce and promote inclusive growth aligned with NEP 2020 and the Gujarat Skills Development Plan (2025–2030).
Funds linked to measurable outcomes, such as,
Summary/Static | Details |
Why in the news? | ADB Approves $109.97 Million Loan to Transform Skills Development in Gujarat |
Total ADB Loan | $109.97 million |
Program Name | Gujarat Skills Development Program |
Executing Agencies | Labor, Skill Development and Employment Department + Kaushalya Skill University |
Target Sectors | Logistics, Automotive, IT, Renewable Energy, Healthcare, Agri-tech |
Targeted Beneficiaries | 175,000 disadvantaged individuals; 60,000 graduates with advanced skills |
Institutional Upgrades | 11 Mega ITIs, Centers of Excellence, Hub-and-Spoke training network |
Gender & Inclusion Focus | Boost female participation in engineering and frontier technologies |
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