Tata to invest over Rs 4,200 crore as part of Uttar Pradesh’s Industry 4.0

To enhance Uttar Pradesh’s Industry 4.0 environment, Tata Group would invest more than Rs 4,200 crore in technical education and talent development.

In order to modernise 150 government-run industrial training institutes (ITI) and bring them into compliance with Industry 4.0 standards, the state government has enlisted Tata Technologies (TTL).

TTL and the state government each contributed roughly Rs 4,283 crore to the project’s estimated cost of Rs 5,473 crore.

A memorandum of agreement (MoU) between TTL and the UP vocational education and skill development department will be signed soon. At the Cabinet meeting, Chief Minister Yogi Adityanath gave his approval to the idea.

 

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