Latest news with #NAMTECH
The Print
17-07-2025
- Business
- The Print
NAMTECH signs MoU with 7 NE Institutes for skilling, research collaboration
The participating Institutes of National Importance (INIs) include National Institute of Technology Sikkim, NIT Manipur, NIT Nagaland, NIT Silchar, NIT Agartala, NIT Mizoram, and Indian Institute of Information Technology (IIIT) Manipur. The collaboration is aimed at co-developing future-ready capabilities across domains such as smart manufacturing, robotics, mobility, artificial intelligence, digital technologies, space, and sustainability, according to a release by NAMTECH, an education initiative by ArcelorMittal Nippon Steel India (AM/NS India). Ahmedabad, Jul 17 (PTI) Gandhinagar-based NAMTECH has signed a memorandum of understanding with seven premier Institutes of National Importance from Northeast India. This partnership is designed to actively support national flagship initiatives like Make in India, Digital India, and Skill India. The collaboration will span several key areas, including joint research and innovation, co-development of curriculum and micro-credentials, advanced skilling, faculty development, startup incubation, and co-hosting national and international events. It also includes joint degree programmes, student immersion programmes, technology commercialisation, and the preparation of policy white papers in support of government and national think tanks. The alliance will further extend to social impact projects, including the adoption of Engineering Diploma Colleges and ITIs in the vicinity of these INIs under NAMTECH's hub-and-spoke model. Students from these institutions will also have the opportunity to apply for the prestigious NAMTECH MET Fellowship, which supports eligible final-year students and alumni (under 30 years of age) to pursue a one-year International Professional Master's Program (iPMP) at NAMTECH. Arunkumar Pillai, Director General and CEO of NAMTECH, said, 'This strategic partnership marks a significant step in fostering both technological and cultural integration for students from the Northeast'. PTI PJT DR DR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
04-07-2025
- Business
- Time of India
India's Semiconductor Revolution Set to Create 1 Million Jobs by 2026
India has embarked upon an ambitious journey in the semiconductor sector, which is expected to generate about 1 million new jobs1 by 2026. The Viksit Bharat initiative by the Government of India and the emergence of Gujarat as a semiconductor hub are together increasing the demand for a workforce that is trained and experienced in the nuances of this sunrise sector in the country. Tired of too many ads? go ad free now A March 2025 report by Jefferies, one of the leading full-service investment banking and capital markets firms in the world, has highlighted that the strength of India lies in chip design since it is already home to almost 20 percent2 of the global semiconductor design workforce. However, there is a significant skill gap in the areas of semiconductor fabrication (fab) and testing. A 2024 report by TeamLease Degree Apprenticeship reinforces this concern, warning of a significant skills gap in India's semiconductor sector. It projects a shortage of 250,000 to 300,000 professionals3 by 2027. This reality is highlighted by media reports stating that major manufacturers such as Tata Electronics are sending hundreds of employees to Taiwan for specialized training. These facts underline the urgent need in India for skilled professionals who can fill this gap with adequate knowledge and training in a sector that holds immense promise for growth and success. To address this demand, (New Age Makers' Institute of Technology) is offering comprehensive courses under its , with courses such as smart manufacturing & AI, semiconductor manufacturing, advanced robotics technology and sustainability engineering. This global, pioneering institute by ArcelorMittal Nippon Steel (AM/NS) India in Gandhinagar, Gujarat, is built specifically to address the gap between conventional engineering education in India and future industry requirements. Graduates from India's best engineering colleges can enrol for NAMTECH's iPMP, which is an accelerated, 1-year, fully residential course that provides superior education and training in courses that are co-designed and co-delivered with industry players and global academic institutes. NAMTECH's partnership with international institutes of repute such as Technical University of Munich (TUM) Germany Asia Campus and Purdue University Northwest, USA, ensures that select students can also benefit from global immersion opportunities at these institutions. . NAMTECH pedagogy focuses on real-world experiences and training, and hence the syllabus is designed to provide students with micro-factories, digital labs, and industry-grade systems. The institute's debut batch achieved 100 percent placements , underscoring how well its curriculum aligns with industry expectations. NAMTECH is making this opportunity of gaining world-class education and real-world experiences more accessible to meritorious students in India by inviting applications for for engineering graduates from IITs, NITs, IIITs, BITS, and other top institutions. NAMTECH benefits from being in the heart of India's semiconductor industry NAMTECH's global partnerships will enable students to gain international experience without the associated costs and uncertainties of enrolling in foreign institutes, while the institute's state-of-the-art campus in Gandhinagar means it is in the heart of India's semiconductor revolution. India's Big Manufacturing Opportunity | MIT USA Prof. John Liu on Innovation, Talent & Future Tech Gujarat has emerged as the hub of the industry, with some of the biggest companies setting up their facilities there. These include Tata Electronics & PSMC Fab in Dholera, Micron Technology ATMP in Sanand, , CG Power, Renesas, and Stars Microelectronics JV and Simmtech. The Dholera facility of Tata Electronics alone is expected to give rise to more than 20,000 skilled positions. According to the Ministry of Electronics and Information Technology (MeitY)4, only 6,000 graduates every year are equipped to contribute to fab operations without further specialised training. This highlights the advantage of an institute such as NAMTECH, which is producing industry-ready engineers, who are equipped with the skills and knowledge of this specialised sector. . The Government of India has approved the 'Modified Programme for Semiconductors and Display Fab Ecosystem5, and has allocated an outlay of Rs76,000 crore for the semiconductor and display ecosystem. Up to 2.5 per cent of this budget is earmarked for R&D, skill development and training requirements. In addition to this, the government has set aside Rs1,000 crore for the Design Linked Incentive Scheme to support the fabless chip design industry, including semiconductor R&D activities. References - Disclaimer - The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content.
Hindustan Times
24-06-2025
- Business
- Hindustan Times
Reimagining Engineers for Industry 4.0: The Rise of India's Smart Manufacturing Talent
India is a country where studying engineering has long been the most predictable and certain route to a successful career. Not only did it ensure a bright future in terms of job prospects, but it was also one of the most stable and secure sectors to work in. This was primarily because it contributed significantly to the process of nation-building and industrial development, generating numerous jobs in core engineering and ancillary industries. iPMP students exploring Industry 4.0 labs at the NAMTECH campus However, in the recent past, job prospects for engineering graduates have begun to change dramatically. While the job market is flooded with fresh graduates, with nearly 15 lakh engineering students entering the workforce each year, according to a 2024 TeamLease Degree Apprenticeship report—the landscape of jobs has shifted significantly, both in nature and in demand. Students from premier institutes are also facing uncertainties. According to the TeamLease report, only 60 per cent of IIT graduates secured placements. This trend has sparked growing concerns about employability, as many graduates struggle to meet the evolving expectations and skill requirements of the industry. Bridging the Demand–Supply Gap: A Long-Standing Industry Challenge For years, industries have grappled with a critical question: How do we bridge the growing gap between talent demand and supply? Despite a steady stream of engineering graduates, most arrive in the job market lacking the hands-on experience and practical exposure, needed to succeed in today's rapidly evolving industrial landscape. Traditional institutions often fall short in equipping students with the skills required for smart engineering roles that demand proficiency in automation, AI, data integration, and system-level thinking. As a result, companies are confronted with a large talent pool that lacks job-ready skills, forcing them to invest significant resources in re-training and upskilling new hires. NAMTECH (New Age Makers' Institute of Technology), a global, pioneering initiative by ArcelorMittal and Nippon Steel (AM/NS) India, based in Gandhinagar, Gujarat, has been purposefully established to bridge the widening gap between traditional college education and the evolving needs of modern industry. Comprehensive courses under its International Professional Master's Programs (iPMPs), which are co-designed and co-delivered with industry players and global academic institutes, transform engineering graduates into 'smart engineers' who are ready for Industry 4.0; engineers who can be instrumental in India achieving the vision of Viksit Bharat by 2047. Bright graduates from the country's premier engineering institutions can enrol in NAMTECH's International Professional Master's Program (iPMP)—an accelerated one-year residential course that offers advanced education and hands-on training in future-focused fields like Smart Manufacturing & AI, Semiconductor Manufacturing, Advanced Robotics, and Sustainability Engineering. Through strategic partnerships with globally renowned institutions such as the Technical University of Munich (TUM) Asia, the Massachusetts Institute of Technology (MIT), and Purdue University Northwest (USA), NAMTECH offers select students valuable global immersion opportunities, ensuring exposure to world-class academic ecosystems and international best practices. With a strong emphasis on real-world application, NAMTECH's curriculum integrates micro-factories, digital labs, and industry-grade systems—ensuring that students complement their academic knowledge with immersive, hands-on learning experiences. The 100% placement success of NAMTECH's debut batch stands as a strong testament to the institute's industry-aligned curriculum and its effectiveness in preparing students for the demands of today's evolving job market. NAMTECH is making this opportunity of gaining world-class education and real-world experiences more accessible to meritorious students in India by inviting applications for 100 fully funded fellowships for engineering graduates from IITs, NITs, IIITs, BITS, and other top institutions. Its admission for this academic year ends on 10 July. An urgent need for transformation in engineering sectors Under the Government of India's Viksit Bharat initiative, the country is striving to achieve a target of $30 trillion in GDP by 2047. To fulfil the immense opportunities that these industries will present, the country needs not just engineers but 'smart engineers', who will be proficient in subjects such as intelligent systems, integrated automation, and sustainability challenges. India's manufacturing sector currently employs more than 100 million people and is projected to grow at a compounded annual growth rate (CAGR) of about 11 per cent from its 2024 level of $1.8 trillion. According to the World Economic Forum, 170 million new roles will emerge in the manufacturing and engineering sectors by 2030 globally, in addition to the emergence of 24 million new green jobs within the sector. While on one hand industry leaders are rearing to push forward with new-age technologies and skill sets, they are facing hurdles such as an acute lack of employees who can steer their processes forward. This highlights the immense opportunity that lies ahead for 'smart engineers', and the role that NAMTECH plays in ensuring that promising young, talent from India can find secure and successful careers in new-age engineering roles. Note to readers: This article is part of HT's paid consumer connect initiative and is independently created by the brand. HT assumes no editorial responsibility for the content, including its accuracy, completeness, or any errors or omissions. Readers are advised to verify all information independently. Want to get your story featured as above? click here!
Time of India
18-06-2025
- Business
- Time of India
Empowering tomorrow's engineers: NAMTECH launches 100 fully funded fellowships for post-graduate program
iPMP students exploring Industry 4.0 labs at the NAMTECH campus Engineering graduates from India's top institutions will now receive world-class training and global exposure, equipping them for the demands of Industry 4.0. This transformative opportunity eliminates the need to go abroad, thereby removing the financial burden and uncertainty associated with overseas education. NAMTECH (New Age Makers' Institute of Technology), a global, pioneering institute by ArcelorMittal and Nippon Steel (AM/NS) India, in Gandhinagar, Gujarat, has announced 100 fully funded fellowships for engineering graduates from top-tier institutes such as the IITs, IIITs, NITs, and BITS. NAMTECH's International Professional Master's Program (iPMP) , an accelerated, 1-year, fully residential course, provides these young and talented minds with industry-ready training of a superior standard in future-facing subjects such as smart manufacturing & AI, management, semiconductor manufacturing, advanced robotics technology and sustainability engineering. With the Government of India's Viksit Bharat initiative, the manufacturing, engineering, and technology (MET) ecosystem is opening immense opportunities for the country's brightest engineering talent, as India moves toward its ambitious $30 trillion GDP goal by 2047. This mission presents a significant opportunity for skilled professionals trained in cutting-edge technologies to step in and bridge the talent gap in emerging fields. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Godrej Majesty | Luxurious 3 & 4 BHK Homes at ₹2.39 Cr* Godrej Majesty Learn More Undo As automation and smart technology transform industries, it's crucial to develop professionals who can drive this change. NAMTECH, a pioneering education initiative by ArcelorMittal and Nippon Steel (AM/NS), bridges this gap by training future leaders and offers experiential learning programs in emerging technologies. NAMTECH fellowships cover the entire tuition fee At a time when the costs of advanced, professional courses are becoming significant additions to household expenses, it will be interesting to note that the 100 fellowships will cover the entire tuition fee for eligible candidates, who will be enrolled in the iPMP course. Select students will also benefit from a global immersion opportunity at the Technical University of Munich (TUM), Asia, along with exposure to international academic ecosystems through partnerships. NAMTECH has collaborations with institutions of global repute, such as TUM Asia and the Massachusetts Institute of Technology (MIT), and offers a 1+1 pathway program with Purdue University Northwest, USA. The iPMP course is jointly certified by NAMTECH and TUM Asia and is an ideal launch pad for upcoming engineers. The institute's students stand to benefit immensely from a course that blends real-world industry experiences with a comprehensive curriculum that is co-designed and co-delivered with industry players and global academic institutes. It is, therefore, no surprise that 100 percent of NAMTECH's students from the first batch have successfully found placements in jobs across sectors. For the year 2025, NAMTECH is inviting applications from graduates who hold a BE or BTech degree; those who have a minimum of 65 per cent marks or equivalent CGPA in Classes 10 and 12, and in their BE or BTech degrees are best suited for this program. All applicants will go through a rigorous selection process that is reflective of the high academic and industry standards of the course. The 12-month program is structured into four trimesters and begins this August. Highlighting the significance of engineers in efforts to shape the future, Arunkumar Pillai, Director General of NAMTECH, said, 'NAMTECH is introducing a fellowship program this year for all those who believe that engineers can shape tomorrow's world.' 'With world-class mentors, experiential learning and real-world projects in cutting-edge sustainable living learning labs, the fellowship is designed to transform engineering students into conscious technologists. Co-designed with global automation and manufacturing leaders and academic partners from the QS Top 10, it's a launchpad—for those who want to learn by doing, and lead by creating,' he added. MET offers an ambitious future; The job opportunity is huge MET (Manufacturing Engineering Technology) is a cohesive ecosystem where manufacturing and engineering are converging and getting transformed by innovative, sustainable, and digital technologies such as AI, the Internet of Things (IoT), and robotics. The manufacturing sector in India currently employs more than 100 million people and is projected to grow at a CAGR of about 11 per cent from its 2024 level. According to the World Economic Forum, 170 million new roles will emerge in MET by 2030 globally, along with 24 million new green jobs. India has embarked upon an ambitious journey in the semiconductor sector, with Gujarat leading the industry; this sector alone will create about 1 million new jobs by 2026. To harness the immense scope and opportunities that are rising in the MET sectors and bridge the existing skills gap between fresh graduates and industry requirements in the sector, NAMTECH's fellowships apply to future-facing areas within its iPMP offerings: Smart manufacturing & AI, semiconductor manufacturing, advanced robotic technology, sustainability engineering and management. Reimagining Engineering Education | NAMTALKS with Arunkumar Pillai | Admissions Open 2025-26
Business Standard
23-04-2025
- Business
- Business Standard
India Needs to Create A Larger Skilled Workforce to Realise the Dream of Viksit Bharat @2047, Says Jayant Chaudhary, Minister for Skill Development and Entrepreneurship
VMPL Gandhinagar (Gujarat) [India], April 23: India must significantly scale up its skilled workforce to meet the Viksit Bharat @2047 vision, said Jayant Chaudhary, Minister for Skill Development and Entrepreneurship. Citing the Economic Survey, he said the country needs 7.85 million new skilled jobs annually until 2030, calling for a major shift in education. He was speaking at a NAMTECH (New Age Makers Institute of Technology) event under the School Impact initiative, which showcased the NAMTECH Outreach Program--a transformative effort to upskill ITI students through cutting-edge technology and innovation. "To realise the dream of Viksit Bharat @2047 envisioned by Prime Minister Narendra Modi, India requires a larger workforce equipped with cutting-edge skills. Institutions like NAMTECH are redefining the future of technical education by empowering ITI students to become smart technicians through innovation-driven learning. NAMTECH's mission to transform three million ITI graduates into skilled, future-ready, smart technicians over the next decade will play a larger role in India's manufacturing ambitions and drive economic growth. Such forward-looking skill development initiatives at scale are essential in positioning India as a global manufacturing powerhouse," said Minister Chaudhary. At NAMTECH, the Minister interacted with principals from selected partner ITIs and selected students to understand how the smart ecosystem developed by NAMTECH is transforming technical education. He also visited the modern labs and experience centre and presented awards to the winners of NAMTECH Kikaifest. "We are honoured to welcome Minister Jayant Singh Chaudhary to our campus and grateful for his encouragement of our outreach programs for ITI students. NAMTECH's vision aligns closely with the Government of India's National Education Policy and the Viksit Bharat @2047 mission envisioned by our Prime Minister. Our focus is on innovative education and skilling in cutting-edge technologies to help build a smart, future-ready workforce which is key to positioning India as a skilled nation in the coming decades. Our 'Mentor Institute-led Hub and Spoke Model' is showing promise and replicability to achieve this goal. We look forward to continued collaboration and support from the Government," said Arunkumar Pillai, Director General of NAMTECH. About NAMTECH NAMTECH (New Age Makers' Institute of Technology), an education initiative by ArcelorMittal and Nippon Steel India (AM/NS India), is a pioneering global institution driving innovation in Manufacturing Engineering and Technology (MET). Positioned at the forefront of India's industrial transformation, NAMTECH offers cutting-edge International Professional Master's Programs for engineering graduates in fields such as Smart Manufacturing & AI, Semiconductor Manufacturing, Advanced Robotic Technology, and Sustainability Engineering & Management. NAMTECH School of Social Impact is an initiative for sharing technology, with a mission to transform ITI education by integrating advanced technology, industry-aligned training, and digital learning tools. With this smart upskilling program, NAMTECH aims to scale up ITI students with cutting-edge skills, enhance their employability, and create a workforce that drives India's manufacturing and industrial growth. For Media Queries Sibi Sathyan Corporate Communications +91 9920839261 Follow Us: | Facebook: @NAMTECHOfficial | X: @namtechofficial| LinkedIn: @Namtech | Instagram:@namtechofficial (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
