Automotive Skills MoU Aims to Train 5,000 Youth by 2028
ECONOMY & POLICY

Automotive Skills MoU Aims to Train 5,000 Youth by 2028

The Automotive Skills Development Council (ASDC), the Federation of Automobile Dealers Associations (FADA Academy), and Prayaas Trust have signed a tripartite Memorandum of Understanding (MoU) to create a scalable, industry-aligned skill development framework for India’s automotive sector.

The initiative aims to bridge skill gaps, provide inclusive employment, and empower economically marginalised youth. Training centres will expand from three to twenty nationwide, targeting 5,000 youth over three years, with 30 per cent of seats reserved for women.

ASDC will lead the development and upgrading of training modules aligned with industry needs, including emerging technologies such as electric vehicles (EVs) and AI-enabled systems. FADA Academy will leverage its dealership network to offer placements, internships, and mentorship opportunities, while Prayaas Trust will identify candidates, deliver training, and provide post-placement support, maintaining a zero-cost model for participants. Funding will come from CSR contributions, industry partnerships, and individual donations.

Corporates are encouraged to sponsor training centres, develop learning resources, and facilitate placements to strengthen the programme’s impact.

Highlighting the significance of the collaboration, Arindam Lahiri, CEO of ASDC, said, “This collaboration ensures underprivileged youth are not left behind in the industry’s evolution.” Saharsh Damani, CEO of FADA Academy, added, “Together, we are shaping futures and strengthening India’s automotive workforce.” Sudhir Kumar, Secretary of Prayaas Trust, noted, “This MoU elevates our grassroots mission to transform lives at scale.” Manish Raj Singhnia, Chairperson of FADA Academy, stated, “FADA Academy stands proud to support an initiative that bridges aspirations with opportunities, shaping a stronger and more equitable automotive future.”


The Automotive Skills Development Council (ASDC), the Federation of Automobile Dealers Associations (FADA Academy), and Prayaas Trust have signed a tripartite Memorandum of Understanding (MoU) to create a scalable, industry-aligned skill development framework for India’s automotive sector.The initiative aims to bridge skill gaps, provide inclusive employment, and empower economically marginalised youth. Training centres will expand from three to twenty nationwide, targeting 5,000 youth over three years, with 30 per cent of seats reserved for women.ASDC will lead the development and upgrading of training modules aligned with industry needs, including emerging technologies such as electric vehicles (EVs) and AI-enabled systems. FADA Academy will leverage its dealership network to offer placements, internships, and mentorship opportunities, while Prayaas Trust will identify candidates, deliver training, and provide post-placement support, maintaining a zero-cost model for participants. Funding will come from CSR contributions, industry partnerships, and individual donations.Corporates are encouraged to sponsor training centres, develop learning resources, and facilitate placements to strengthen the programme’s impact.Highlighting the significance of the collaboration, Arindam Lahiri, CEO of ASDC, said, “This collaboration ensures underprivileged youth are not left behind in the industry’s evolution.” Saharsh Damani, CEO of FADA Academy, added, “Together, we are shaping futures and strengthening India’s automotive workforce.” Sudhir Kumar, Secretary of Prayaas Trust, noted, “This MoU elevates our grassroots mission to transform lives at scale.” Manish Raj Singhnia, Chairperson of FADA Academy, stated, “FADA Academy stands proud to support an initiative that bridges aspirations with opportunities, shaping a stronger and more equitable automotive future.”

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement