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

Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

Recent Posts

UIDAI CEO Saurabh Vijay Takes Charge as CEO of IndiaAI Mission

Saurabh Vijay CEO of the Unique Identification Authority of India (UIDAI) has assumed the charge…

16 hours ago

India Launches E85 Fuel: 85% Ethanol Blend to Reduce Oil Imports and Emissions

For the energy security and sustainable transportation India set to launch the E85 fuel, it…

16 hours ago

Uttar Pradesh Sangeet Natak Akademi Honors 51 Artistes at SNA Samman Ceremony 2026

The Uttar Pradesh Sangeet Natak Akademi (SNA) had honored the 51 distinguished artistes at the…

16 hours ago

India’s Forex Reserves Rise to $682.32 Billion Despite Decline in Gold Holdings

Foreign exchange reserves of India has a fresh increase during the week was ended on…

17 hours ago

RBI Deputy Governor Swaminathan Janakiraman Gets Two-Year Extension Until 2028

Swaminathan Janakiraman reappointed as the Deputy Governor of the Reserve Bank of India (RBI) for…

17 hours ago

Panchayat Advancement Index Wins Gold Award at National e-Governance Awards 2026

The Panchayat Advancement Index (PAI) has been awarded with the Gold Award at the National…

17 hours ago