(L to R) Ms. Ankita Goyal, Director, IDT, Anupam Goyal, Mr. Sanjiva Singh, Executive Vice President, CSR and Skill Development Financing, NSDC, Ms Honey Pamnani, Manager, CSR and Skill Development Financing, NSDC
A Memorandum of Understanding (MoU) was signed today at the NSDC Corporate Office in Delhi by the National Skill Development Corporation (NSDC) and the Institute of Design and Technology (IDT) to encourage skill development and entrepreneurship in the design and technology sector.
Ms. Ankita Goyal, Director of IDT, Mr. Sanjiva Singh, Executive Vice President of CSR and Skill Development Financing, and Ms. Honey Pamnani, Manager of CSR and Skill Development Financing, observed the signing of the MoU.
This collaboration between academic and vocational institutions and business will help students receive the right training, therefore preparing them for employment. The talent gap in India has to be closed, a competent workforce needs to be developed, and industrial and academic links need to be strengthened.
The IDT and NSDC will work together to determine the skills required across industries and provide candidates with the required training. Students will have access to training and experience that is relevant to the business through this partnership, equipping them for success in their particular sectors.
Furthermore, in order to make the skills accessible to applicants who are unable to pay the skill training price, the NSDC has collaborated with a number of NBFCs. This initiative aims to make skills training available to everyone who wants to pursue a career in their chosen industry, regardless of financial status.
IDT, the top design institution, offers fashion and interior design education globally in partnership with Pearson to give students a well-rounded education and to satisfy their particular regional needs. Candidates may finish their degree (3rd year) from accredited universities in the United Kingdom, Canada, Australia, New Zealand, and Ireland after completing two years of design study at IDT.
This partnership is a big step in the right direction for the students' future. In partnership with IDT and NSDC, a number of independent design, development, and technology-focused programs will be organized to provide students the skills they need to satisfy the demands of the state's business community. A three-year full-time Degree program is also available under the direction of IDT, which is connected to Silver Oak University.
The NSDC is committed to bridging India's skills gap and creating a skilled workforce. Parul Mahajan, the NSDC's Head of Government Relations and Industry Partnerships and International Counterparties, stated, "We are delighted to partner with IDT to give those candidates the best possible training and exposure to the maximum amount of experience."
The partnership between IDT and NSDC is a critical step in creating a skilled workforce in India. By providing students with the knowledge and skills they need to thrive in their careers and supporting the development of the country, it will help to enhance the linkages between business and academics.
"We are excited to collaborate with NSDC to create a strong workforce in India," stated Ankita Goyal, Director of IDT. This collaboration will allow us to provide industry-relevant training to our students, giving them the competitive advantage they need to succeed in their careers."