First PM-SETU Strategic Investment Plan approved for Visakhapatnam ITI Cluster; Andhra Pradesh first State
The National Steering Committee of PM-SETU approved its first-ever Strategic Investment Plan, by ArcelorMittal Nippon Steel India for the Visakhapatnam ITI Cluster, making Andhra Pradesh the first State to operationalise an industry partnership under the ₹60,000 crore scheme.
Summary
Under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, the National Steering Committee approved the Strategic Investment Plan for the Visakhapatnam ITI Cluster, submitted by ArcelorMittal Nippon Steel India with academic partner NAMTECH. It is the first SIP cleared under PM-SETU, making Andhra Pradesh the first State to operationalise an industry partnership under the ₹60,000 crore scheme. Approval came at the 3rd NSC meeting convened by the Ministry of Skill Development and Entrepreneurship at Kaushal Bhawan.
Key facts
- Scheme
- PM-SETU (Skilling and Employability Transformation through Upgraded ITIs) – ₹60,000 crore
- First SIP
- Visakhapatnam ITI Cluster, Andhra Pradesh
- Industry partner
- ArcelorMittal Nippon Steel India (AM/NS India)
- Academic partner
- NAMTECH
- Approved at
- 3rd National Steering Committee meeting, MSDE
- First State
- Andhra Pradesh – first industry partnership under PM-SETU
Practice MCQs 2 questions
The first-ever Strategic Investment Plan under PM-SETU, approved in May 2026, is for which ITI cluster?
Show answer
Correct answer: B — Visakhapatnam ITI Cluster
The NSC approved the SIP for the Visakhapatnam ITI Cluster in Andhra Pradesh, submitted by AM/NS India.
PM-SETU, under which the first industry partnership was operationalised in Andhra Pradesh in May 2026, is a scheme of what size?
Show answer
Correct answer: C — ₹60,000 crore
PIB describes PM-SETU as the ₹60,000 crore scheme for upgrading ITIs.