Categories: Agreements

To Establish Center of Excellence for MSME, NSIC and LG Electronics sign an agreement

In the presence of Shri Narayan Rane, Honorable Cabinet Minister, Shri Bhanu Pratap Singh Verma, Honorable Minister of State, Shri B. B. Swain, Secretary MSME, Shri P. Udayakumar, CMD, NSIC, and Shailesh Kumar Singh, AS&DC, National Small Industries Corporation (NSIC) signed an agreement with LG Electronics India Pvt Ltd. and the Electronics Sector Skills Council of India (ESSCI).

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

KEY POINTS:

  • The goal of this project is to train underprivileged youth in the fields of consumer electronics and appliances.
  • LG Electronics and the Electronics Sector Skills Council of India (ESSCI) will establish a “Centre of Excellence” at NSIC – Technical Services Center.
  • This will give young people new opportunities in the field of electronics and produce skilled labour for jobs in this industry.
  • 600 youths would be served each year in the first year.

About NSIC Role:

  • Along with the sector skills council, the NSIC will assist graduates in finding employment at job fairs, and LG Electronics will give them preference for positions over graduates of the NSIC’s Technical Services Center (Okhla) programme.
  • The NSIC Technical Services Center, Okhla, has taken the lead in educating young people through entrepreneurship-based training programmes and numerous skill-based training courses.
  • The training programmes offered by NSIC are market- and industry-focused.
  • The NTSC (Okhla) has knowledge partnerships with a number of the industry’s top players, including Schneider Electric in electrical and solar energy solutions, Delta in PLC, SCADA, and distributed control systems, Mitutoyo in quality control, and Tally in accounting.
  • These technologies are used by NTSC (Okhla) to teach the trainees technical skills that are applicable to the industry.

MOU Signed:

  • Tae Jin Chang, Head of Customer Service, LG India, and Mr. O. P. Singh, Centre Head, NTSC(Okhla), signed the Memorandum of Understanding.

Find More News Related to Agreements

Recent Posts

Mongolia Gets New Prime Minister Amid Political Turmoil: Uchral Nyam-Osor Takes Charge

Mongolian parliament has appointed the Uchral Nyam-Osor as the country' new Prime Minister. With this…

18 mins ago

E20 Petrol India 2026: Nationwide Rollout from April 1 Explained

From the April 1st fuel stations across the country are now supplying that petrol which…

40 mins ago

NCERT Gets ‘Deemed University’ Status: What It Means for India’s Education System

The Ministry of Education has granted the 'deemed to be university’ status to National Council…

1 hour ago

What Is Mission Mitra? ISRO’s New Experiment for Gaganyaan Explained

India's Gaganyaan Mission have begun the unique experiment which is called Mission Mitra in the…

1 hour ago

Which is the Highest Airport in the World?

Airports help people travel quickly from one place to another. But not all airports are…

2 hours ago

Myanmar Military Chief Min Aung Hlaing Becomes President After Parliament Vote

The significant political developments is seen in the Myanmar. As the Min Aung Hlaing was…

2 hours ago