EBTC signs pact with JCRE for skill development
Source: Chronicle News Service
Imphal, March 24 2024:
In a pioneering initiative set to redefine the landscape of skill development in India, the European Business and Technology Centre (EBTC), New Delhi and JCRE (an initiative by BCF) North-East India have signed a Memorandum of Understanding (MoU) on Sunday.
The alliance is strategically positioned to support the burgeoning need for skilled professionals, catalysed by the increased investment flow expected from the EFTA agreement and the EU-India Free Trade Agreement negotiations currently underway.
As part of the broader vision encapsulated by the anticipated $100 billion investment from EFTA countries, the MoU underscores a shared commitment to nurturing a resilient industry-academia-research collaboration.
Central to the initiative is the establishment of Centres of Excellence aimed at fostering skill development in key sectors, thereby facilitating the connection between the robust requirements of industry stakeholders and the growing number of youth in search of jobs.
The collaboration is poised to usher in a transformative era for India's north-eastern states, bridging critical skill gaps and laying the groundwork for emerging tech companies from Europe seeking process outsourcing and capability centre partnerships in India.
The initiative is not just about meeting the immediate demands of the European market but is a forward-looking strategy aimed at ensuring longterm sustainable growth and employment opportunities for the Indian workforce.