MCCI setting up Centre for to enhance skills of state labour force

Chennai:

Madras Chamber of Commerce and Industry is setting up a Centre for Vocational Training and Skill Development in Tiruvallur to enhance the productivity of the labour force and the institute is likely to be ready by the end of the year.

Speaking during the 177^th Annual general meeting of Madras Chamber of Commerce and Industry (MCCI),  the chamber president T Shivaraman and MCCI Secretary General K Saraswathi said that he chamber’s land is procedurally made ready for starting the construction of the required facilities.

Saraswathi said that during MCCI’s 175^th Year, a detailed study on the Chamber and its services was taken up through a professional consultant. The pointer was towards doing something to improve the skilled manpower availability to the member industries.

“Our earlier activity “War for Talent” also exposed the gaps in the employability and the criticality of the situation. The Chamber then decided that this will be our flagship activity for this momentous period,” she said.

“In the interim period, project soft launched in a rented premises in Tiruvallur and skilling is happening,” she said.

Talking about other activities of chamber, she said currently the chamber is conducting a study on mapping the corporate social responsibility of member companies besides documenting the Green Practices of industries in Chennai.

Chairman and managing director of Export Import Bank of India T C A Ranganathan said that India should improve its share of exports in the global technology market that could boost the nation’s growth.

He said currently, India has a miniscule share of only seven per cent of global technology export market while world as a whole export 25 per cent. Interestingly, 25 per cent share of our imports are technology related products.

“This is an item which forms a large segment of  global GDP. Interestingly, we don’t manufacture this products as much as other countries do which could have a major impact on our imports. This is the sector which requires maximum investment,” he said.