A.P. government, Kia Motors sign MoU for ₹12 crore ITI project in Penukonda
The Andhra Pradesh government and Kia Motors have signed an MoU to build an Industrial Training Institute (ITI) in Penukonda. The project, funded by CSR initiatives, aims to provide technical skills to local youth and support regional development.
Why it matters
Demonstrates the role of private sector CSR in public infrastructure and vocational education development.
Minister for Backward Classes Welfare and Textiles S. Savitha on Thursday said that industrial establishments have turned crucial partners in rural development by extending Corporate Social Responsibility (CSR) funds into infrastructure building and skill development resources.
Addressing a CSR programme at the Revenue Divisional Office in Penukonda of Sri Sathya Sai district, the Minister highlighted that industrial investments have created massive employment generation and social development in Rayalaseema region. “Nearly ₹36 crore in CSR funds mobilised from industries, including Kia Motors and BEL, is being pumped into developmental works across Penukonda Assembly constituency alone,” she said.
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