A. M. Naik Appointed as Chairman of National Skill Development Corporation

Union Government has appointed Anil Manibhai Naik as Chairman of National Skill Development Corporation (NSDC) . He is currently Group Chairman of engineering conglomerate Larsen & Toubro (L&T) .

the AM Naik

About AM Naik

  • AM Naik was born on 9th June 1942 in Gujarat.
  • He is considered one of most respected management professionals in country. As result of successful management of their years, L & T has become one of strongest businesses in world.
  • Under his leadership, L & T has joined list of powerful global companies.
  • He was awarded Padma Bhushan, India՚s 3rd highest civilian award in 2009 for his outstanding contribution to economic growth of country.

National Skill Development Corporation (NSDC)

  • NSDC is Public Private Partnership (PPP) under Ministry of Skill Development & Entrepreneurship (MSDE) .
  • It was founded in 2009 as not-for-profit company by Ministry of Finance to address need for providing skilled manpower across various industry sectors.
  • GoI thru MSDE holds 49% of share capital of NSDC, while private sector has balance 51% of share capital.
  • NSDC aims to promote skill development by catalyzing creation of large, quality & for-profit vocational institutions.
  • Its objective is to create training capacity in country; fund vocational training initiatives & create market ecosystem for skill development.
  • Its mandate is to train 150 million people by 2022.
  • It is involved in re-skilling & in catering to skilled manpower requirement of overseas markets, most notably that of Japan (under TITP) & UAE.

Examrace Team at Aug 26, 2021