- Type: ₹60,000 crore centrally sponsored scheme.
- Aim: PM-SETU aims to transform 1,000 Government Industrial Training Institutes across India into modern, industry-aligned training institutions.
- Implementation: PM-SETU will follow a hub-and-spoke model, with 200 hub ITIs linked to 800 spoke ITIs.
- Each hub will be equipped with advanced infrastructure, innovation and incubation centres, production units, training of trainer facilities, and placement services, while the spokes will extend access and outreach.
- Main Components:
- Introduce new, demand-driven courses and revamp existing ones in collaboration with industry;
- Set up Special Purpose Vehicles (SPVs) with credible Anchor Industry Partners to manage clusters and ensure outcome-based training;
- Create pathways for long-term diplomas, short-term courses, and executive programs;
- Strengthen 5 National Skill Training Institutes in – Bhubaneswar (Odisha), Chennai (Tamil Nadu), Hyderabad (Telangana), Kanpur (Uttar Pradesh), Ludhiana (Punjab), as Centres of Excellence with global partnerships.
- The scheme will be implemented under the Ministry of Skill Development and Entrepreneurship.
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