Industrial Training Institute -Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout
PROJECT DESCRIPTION
India has one of the largest technical manpower in the world. However, compared to its population it is not significant and there is a tremendous scope of improvement in this area. In India, the emphasis has been on general education, with vocational education at the receiving end. This has resulted in large number of educated people remaining unemployed. This phenomenon has now been recognized by the planners and hence there is a greater thrust on vocationalization of education.
Countries with higher and better levels of knowledge and skills respond more effectively and promptly to challenges and opportunities of globalization. India is in transition to a knowledge based economy and its competitive edge will be determined by the abilities of its people to create, share and use knowledge more effectively. This transition will require India to develop workers into knowledge workers who will be more flexible, analytical, and adaptable and multi skilled. In the new knowledge economy the skill sets will include professional, managerial, operational, behavioural, inter personal and inter functional skills.
To achieve this goals, India needs flexible education and training system that will provide the foundation for learning, secondary and tertiary education and to develop required competencies as means of achieving lifelong learning.As a whole it is a good project for new entrepreneurs to invest.
Few Indian Major Players are as under
• EbrahimBawany Industrial Training Institute
• R.K. Institute of Technical Studies
• Ashok Industrial Training Institute
• Beleghata Education Aid Center
• Indus Infotech Industrial Training Centre
• J.K. Industrial Training Centre
• Foremen Training Institute
• Birsa Industrial Training Centre
• City Industrial Training Institute
• Industrial Training Institute
| Plant capacity |
Plant & machinery |
Working capital |
Cost of Project |
T.C.I |
Return |
Break even |
| Total number of students: 3600 students/annum (each trade 120 students) 16 Trade 1 year duration 14 Trade 2 year duration |
Rs. 314.25 lakhs |
0 |
247600000 |
Cost of Project: Rs. 2476 |
27.00 |
45.00 |
