Establishment of new skill training centres in Gandhinagar and Sanand in Gujarat, and Una in Himachal Pradesh.
Inauguration of skill centres in Gandhinagar and Sanand, Gujarat, on Monday, April 7, 2025.
Mumbai 08 April 2025: SBI Funds Management (SBIFM) is pleased to announce its partnership with Ambuja Foundation to establish new skill training centres in Gandhinagar and Sanand in Gujarat, and Una in Himachal Pradesh. This collaboration aims to train and equip over 3,600 youth from these regions with essential skills over the next three years, thereby enhancing their employability across various industries.
The project is meticulously designed to cultivate a highly skilled workforce across multiple sectors, including Banking, Financial Services, and Insurance (BFSI), the services industry, and the manufacturing sector.Spanning a minimum of three years, the initiative will adopt a structured approach encompassing skill development, mobilization, placement support, and rigorous project monitoring to ensure long-term success and impact.
To address the evolving demands of the job market, SBIFM is dedicated to enhancing the skill sets of the younger generation through this project. By providing targeted, hands-on training, the initiative aims to equip participants with practical, market-relevant expertise, boosting their prospects for securing meaningful employment or pursuing entrepreneurial ventures.
The training curriculum will be meticulously designed in alignment with industry standards. For the BFSI sector, interested youth will be trained with courses approved by the National Institute of Securities Markets (NISM). The training centres will provide practical experience through roleplay, demonstrations, simulations, projects, and case studies. Trainees’ competency assessments and certifications will be awarded by relevant bodies such as NISM for the BFSI sector skill council and NSDC-approved assessment agencies for other sectors.
Over the next three years, the program aims to empower over 3,600 youth by enhancing their skills through three Skill and Entrepreneurship Development Institutes (SEDI). The goal is to enhance their skills and capacities, enabling them to secure sustainable employment opportunities and contribute meaningfully to the economic and social development of their communities.
Emphasizingthe importance of comprehensive skill development projects, Mr. Nand Kishore, MD & CEO,SBI Funds Management Limited, said, “We are confident that this collaborative project with Ambuja Foundation will establish a benchmark for skill development initiatives, creating a framework for the successful implementation of similar programs in the future. With a strong focus on underserved and disadvantaged communities, this project will ensure that these groups are well-equipped with the essential skills and opportunities needed to thrive and succeed in their lives.”
