PM-SETU Clears About Rs 440 Crore to Upgrade Nine Government ITIs in the Surat and Visakhapatnam Clusters

12 October 2026National

Shareholders' agreements for the Surat (Gujarat) and Visakhapatnam (Andhra Pradesh) clusters were signed on 12 October 2026 under PM-SETU, approving about Rs 440 crore - Rs 240 crore for five ITIs in Surat and Rs 200 crore for four in Visakhapatnam - to upgrade nine Government Industrial Training Institutes. Each cluster is run by a Special Purpose Vehicle in which AM/NS India holds 51% and the Centre and the state 24.5% each, with NAMTECH as academic partner. Visakhapatnam's was the first cluster cleared by PM-SETU's National Steering Committee. The Rs 60,000-crore scheme covers 1,000 ITIs and five NSTIs, after September's Rs 320-crore Kurukshetra cluster.

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PM-SETU is implemented by the Ministry of Skill Development and Entrepreneurship through the Directorate General of Training; MSDE was created in 2014 | PM-SETU's Rs 60,000 crore outlay covers 1,000 government ITIs and the strengthening of five National Skill Training Institutes | AM/NS India, a joint venture of ArcelorMittal and Nippon Steel, runs the Hazira steel plant in Gujarat

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