APSSDC, AMNS India sign LoI to set up ₹70-cr. skill and community development centre at Nakkapalli

The Andhra Pradesh State Skill Development Corporation (APSSDC) and ArcelorMittal Nippon Steel India Private Limited (AMNS India) have signed a Letter of Intent (LoI) to establish an Integrated Skill and Community Development Centre at Nakkapalli in Anakapalli district, with a focus on industry-oriented training, employment generation, and livelihood enhancement.The LoI was signed on Tuesday (October 13, 2026) by APSSDC Managing Director and CEO G. Ganesh Kumar and AMNS India Director and vice-president (HR and Administration) Ashutosh Telang.The LoI represents an initial understanding between the two organisations. Implementation will be subject to the approval of the Andhra Pradesh government, receipt of applicable clearances, finalisation of the DPR and funding arrangements, and the subsequent execution of a Memorandum of Understanding (MoU), said a statement on Tuesday.The proposed centre, to be named “Naipunya Mariyu Samaja Abhivrudhi Kendram,” aims to equip local youth with industry-relevant skills, provide recognised certifications, and facilitate employment opportunities. It will also undertake community development initiatives to improve the livelihoods of women, farmers and fishermen by linking them with relevant government welfare and development schemes.As part of the proposed initiative, AMNS India has indicated a capital investment of approximately ₹70 crore for infrastructure, construction, equipment, and related facilities. The company has also proposed an annual allocation of around ₹10 crore towards training programmes, maintenance, and other operational expenses. The final investment and operating arrangements will be determined through a Detailed Project Report (DPR).The APSSDC will coordinate skill development programmes, mobilise eligible beneficiaries, and monitor training and certification activities, while AMNS India will assist in preparing the DPR, developing the required infrastructure and establishing operational arrangements in accordance with mutually agreed terms.Speaking on the initiative, Mr. Ganesh Kumar said the proposed centre would help align skill development with industry requirements while expanding employment and livelihood opportunities for local communities. He added that the partnership was intended to promote industry-linked training alongside inclusive community development in the Nakkapalli region.Mr. Telang said the collaboration would focus on equipping local youth with industry-relevant skills and recognised certifications, thereby improving their access to employment and creating additional livelihood opportunities for the surrounding communities. Published - October 13, 2026 08:57 pm IST