Adani Logistics, SBI among partners of TG Skill University
Adani Logistics, O9 Solutions, Dr Reddy’s Labs, State Bank of India (SBI), National Academy of Construction (NAC), Retailers Association of India and the Telangana VFX, Animation and Gaming Association will be industry partners of Telangana’s Skill University, the Assembly was informed on Thursday.
The Assembly passed the Young India Skill University Telangana (Public-Private Partnership) Bill, 2024, setting the stage for setting up the institution which will equip students with skills to meet industry demand.
Chief Minister Revanth Reddy laid the foundation stone for the Skill University on Thursday. He announced that partnering companies will design the curriculum, train students in their respective fields and provide them jobs.
The university, which will start functioning from a temporary facility on the Engineering Staff College of India campus, will give admission to 2,000 students in the academic year 2024-25. It will offer courses in six verticals in partnership with companies in the beginning.
The School of Pharma and Life Sciences will have as industry partner Dr Reddy’s Labs. The School of E-commerce and Logistics will be established in partnership with Adani Logistics and O9 Solutions. The State Bank of India (SBI) and Physics Wallah will be the partners for the School of Banking, Financial Services and Insurance (BFSI). The National Academy of Construction (NAC) has come forward as a partner to set up the School of Construction and Interiors. The School of Retail Operations and Management will be operated in partnership with the Retailers Association of India. The School of Animation, Visual Effects, Gaming and Comics will have Telangana VFX, Animation and Gaming Association as partner.
Replying to the debate on the Bill, the Chief Minister said he would be laying the foundation stone for a permanent campus for the university at Net Zero City in Mucherla on the outskirts of Hyderabad later on Thursday.
The university coming up as a public-private partnership institution will focus on delivering comprehensive skill training and job opportunities to students.
Assuring that the Skill University will not charge like the Indian School of Business (ISB) or private universities, he said the average annual fee for courses will be Rs 50,000. “If necessary, the government will reimburse the fee of SC, ST, OCBC and minority students,” he said.
Earlier, Industry and Information Technology Minister D. Sridhar Babu said the Skill University would help create skilled human resources and thus enable the state to attract new companies and investors from all over the world.
The minister said 17 verticals have been identified for starting courses – Healthcare, Pharma & Life Sciences, Artificial Intelligence & Information Sciences, Tourism & Hospitality, Automotive & Electric Vehicles, Banking, Financial Services & Insurance (BFSI), Animation & Visual Effects, Gaming & Comics, Construction and Interiors, Advanced Manufacturing, Retail Operations & Management, E-commerce & Logistics, Renewable Energy, Food Processing & Agriculture, Beauty & Wellness, Media, Gaming & Films, and Electronics & Semiconductor and Digital Designs.
