Financial Daily from THE HINDU group of publications
Monday, May 27, 2002
Industry & Economy
Rs 14-crore plan for CITD upgradation
HYDERABAD, May 26
THE Central Institute of Tool Design (CITD) here is being upgraded and its facilities expanded with an investment of Rs 14 crore in the next five years.
In the first phase, which has already begun, Rs 6 crore are being spent to bring in new equipment and modernisation, according to Mr S.K. Tuteja, Chairman, CITD and Addl. Secretary & Development Commissioner, Small Scale Industry (SSI).
In the second phase to start from 2004, another Rs 8 crore would be spent in creating newer facilities, training programmes and technology upgradation, he told newspersons, after signing an MoU with the Electronics Corporation of India Ltd (ECIL) on skill-based computer education programmes.
The MoU, inked with Mr V.H. Ron, the Chairman and Managing Director, ECIL, intends to offer Master's courses in computer-aided design, machining and engineering (CAD, CAM, CAE) courses at ECIT and franchisees.
There are 10 tool design centres in the country and the Hyderabad one is among the oldest. A sub-centre was being established at Vijayawada in the land given by the State Government, Mr S. Satyanarayana, Principal Director of CITD, said. Having started a Master's in Engineering course in CAD/CAM in collaboration with the Osmania University, CITD has also joined hands with Jawaharlal Nehru Technology University (JNTU). It also planned to start a facility in Visakhapatnam soon, he said.
The CITD, which has emerged as a common facility for SSIs, provides specialised training in tool engineering. The synergy with ECIT in offering courses will help impart value-added skills for engineers in CAD/CAM/CAE. "We hope to generate employment and export opportunities through this collaboration,'' Mr Ron said.
The structured Master's courses are expected to impart design skills and equip engineers with capability that will help companies with a knowledge-driven strategy to take on competition and achieve business growth.
ECIT, the computer education division of ECIL, which earned Rs 15 crore during 2001-02, has a network of 240 centres in the country and was started in 1999 with a motive of imparting quality computer education, he said.
The MoU with CITD is a new facet in the growth of ECIT, which has plans to launch around 500 short IT certificate courses online in the next two years, according to Mr V.R.S. Natarajan, Director-Personnel of ECIL.
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