Nasscom signs pact with IIT-Madras for re-skilling IT workers

Nasscom signs pact with IIT-Madras for re-skilling IT workers
Photo Credit: Photo Credit: Pixabay
17 Dec, 2018

The National Association of Software and Services Companies has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT), Madras, for Nasscom’s FutureSkills Platform.

The platform aims to re-skill or upskill four million people from the information technology and IT-enabled services (ITeS) industry, students entering the workforce, and employees of other industries or government, Nasscom said in a statement.

Nasscom and IIT-Madras will work towards building a skills academy, which will have courses and training programmes.

Amit Aggarwal, chief executive, IT-ITES Sector Skills Council, Nasscom, said, “This MoU will be a significant catalyst for the FutureSkills initiative, which aims to get India accelerated on the path to becoming the global hub for talent for emerging technologies such as artificial intelligence, Internet of Things, cybersecurity, Big Data, cloud and blockchain.”

Besides this, Nasscom has launched a couple of other initiatives.

Four days ago, TechCircle reported Nasscom had said that its non-profit social arm will use members' corporate social responsibility (CSR) funds for re-skilling IT engineers in blockchain, artificial intelligence, machine learning and robotics.

In September, Nasscom unveiled a programme aimed to help deep-tech startups in India. The Accelerate 10X programme is a part of Nasscom 10,000 Startups initiative and will mentor 100 mature-stage startups every year. It is a six-month programme divided in phases of 45 days each and will focus on three key aspects -- product (global acceleration and mentoring), technology (engineering and deep-tech lab) and access to patient capital, Nasscom said.