APSSDC, AMNS India sign LoI to set up ₹70-cr. skill and community development centre at Nakkapalli
The Andhra Pradesh State Skill Development Corporation and ArcelorMittal Nippon Steel India have signed a Letter of Intent to build a skill and community development center in Nakkapalli. The project aims to provide industry-oriented training and livelihood support for local youth, women, and farmers.
Why it matters
This partnership represents a significant private-public investment in regional human capital development, potentially boosting local employment and economic stability.
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.
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