Breaking News

You are here » Indian-Commodity  :  Top News  :  Maruti Suzuki to set up Japan-India Institute of Manufacturing in Gujarat


Maruti Suzuki to set up Japan-India Institute of Manufacturing in Gujarat

Maruti Suzuki, leader in passenger vehicles, is planning to set up a first-of-its-kind Industrial Training Institute in Mehsana, Gujarat. Called 'Japan-India Institute of Manufacturing' (JIM), it will go on stream in August 2017 and eventually train 300 youths per year in technical trades and Japanese shopfloor practices.

The JIM will mark the start of collaboration between the Governments of Japan and India to create a pool of skilled manpower for manufacturing in India. This follows from a Memorandum of Cooperation (MoC) signed in Tokyo on November 11, 2016 between Ministry of Economy, Trade and Industry, Government of Japan (METI) and Ministry of Skill Development and Entrepreneurship, Government of India (MSDE), for a Manufacturing Skill Transfer Promotion Programme to train 30,000 youths in India over 10 years.

The JIM will be run and managed by Maruti Suzuki India as a corporate social responsibility initiative. In addition to the technical curriculum, the JIM will impart training in the best shopfloor practices such as Kaizen and Quality Circles, based on curricula developed in Japan. Maruti Suzuki has committed an initial investment of Rs 3.2 crore towards setting up the JIM.

Maruti Suzuki is an India-based company engaged in the manufacture, purchase and sale of motor vehicles, components and spare parts (automobiles).

Related News

View all news

Crude oil futures end lower on Monday

Crude oil futures ended lower on Monday as steep declines in the US stock market fed an aversion to so-called riskier assets, which include oil. Meanwhile, the US-China trade dispute escalated as China......

Gold futures trade flat on Monday

Gold futures was trading flat on Monday as growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war fueled safe-haven demand for the precious......

Jeera futures trade higher on rising demand

Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......