REG News
Telangana is focusing on industry-oriented skill development to improve employment opportunities for youth, said State Minister Gaddam Vivek Venkataswamy.
Speaking at the valedictory session of a two-day national conference organised as part of the golden jubilee celebrations of Dr MCR Human Resource Development Institute, the Minister said India aims to become a $5 trillion economy and Telangana a $3 trillion economy by 2047. Achieving these targets would require an annual economic growth rate of 8%, alongside environmental protection and sustainable development.
He highlighted the gap between skills acquired by graduates and the requirements of industries, calling for stronger partnerships between educational institutions and employers. The state is upgrading 65 Industrial Training Institutes (ITIs) into Advanced Training Centres and plans to establish 54 more. The government aims to make 122 centres operational by next year.
The Minister also pointed to growing job opportunities in countries such as Japan and Germany due to shortages of skilled workers and ageing populations. He urged young people to acquire internationally relevant technical skills.
Gaddam Vivek Venkataswamy also stated that Telangana received investment proposals worth ₹5.74 lakh crore through the Telangana Rising Global Summit, adding that skilled manpower would be essential to convert investments into industrial growth and jobs.
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