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India, October 07, 2025: In the quarterly market update from Knight Frank India highlighted that the top 8 residential markets maintained sales momentum in Q3 2025 with a total of 87,603 housing units. Despite expectation of correction, residential sales recorded a 1% year-on-year (YoY) growth in Q3 2025, while year-to-date (YTD) sales figure was only marginally lower by 1%. As sales momentum continued to stay steady, Q3 2025 registered an increase in prices across all the markets, while supply recorded at 88,655 units for Q3 2025, noted a 2% decline over same time last year 

The macroeconomic backdrop provided stability with inflation easing to 2.07% in August 2025 from 3.65% a year ago. The RBI raised its FY 2026 GDP forecast to 6.8%, while the repo rate stood 1% lower compared to end-2024, boosting liquidity and sentiment in the real estate sector.

Residential Sales Performance

Mumbai continued to lead with 24,706 units sold (+2% YoY), accounting for 28% of the overall sales. Chennai recorded the strongest growth at 12% YoY with 4,617 units, its highest sales since the pandemic. Other major markets like NCR (12,955 units) and Bengaluru (14,538 units) remained steady, while Pune was the only laggard with sales declining by 8% YoY.

Source: Knight Frank Research

In Q3 2025 prices have continued to rise even as developers are increasingly introducing financing options, including bank tie-ups and subvention schemes, to stimulate sales. Defying expectations of a correction, the residential market remained rangebound yet resilient in Q3 2025. Premium housing sales, meanwhile, held firm as financing innovations, fiscal incentives, and buyer-focused measures continued to channel demand into higher-value segments.

Shishir Baijal, Chairman & Managing Director, Knight Frank India, said, “India’s residential market in Q3 2025 has demonstrated an impressive ability to sustain momentum and the market is now in its fifth year of an upcycle. Consequently, Y-o-Y growth rate is beginning to rationalise, and we may be entering a prolonged plateau phase. Within a volatile geopolitical environment, India’s macroeconomic conditions remain stable. The rate cut of up to 100 basis points, and liquidity support through the simplification of both direct taxes and GST have collectively strengthened end-user confidence. A notable outcome of this upcycle has been the surge in demand for premium housing, which has emerged as a key driver in recent years, reflecting the evolving aspirations of urban buyers for larger and higher-quality homes.”

India’s top eight markets saw 88,655 new units launched in Q3 2025, a slight dip of 2% YoY. Growth in new launches was led by Chennai (+44% YoY) and Bengaluru (+28% YoY). However, significant declines in Mumbai and NCR (-19% YoY each) constrained overall supply.

The quarter underscored the continued shift towards premium housing. Units priced below INR 1 Cr saw their share of sales drop to 48% in Q3 2025 compared to 54% in Q3 2024. By contrast, sales of homes priced over INR 1 Cr rose to 52% and grew by 15% YoY compared to a degrowth in ticket-size segments under INR 1 Cr.  With in the premium segment, the strongest growth was noted in the category INR 1 – 2 Cr which made up 28% of total sales. While on low base, the best YoY performance was noted in the category of INR 10-20 Cr which recorded 170% rise in sales in Q3 2025 compared to same period last year. 

Source: Knight Frank Research

The Quarters to Sell (QTS) – a key indicator of the health of the market, remained steady at 5.8 quarters, equivalent to less than 18 months of stock currently available, signalling a healthy market. Even while unsold inventory rose 4% YoY to 506,400 units, the velocity of sales noted over the last 8 quarters, indicates towards continued demand. Having said so, the unsold inventory in higher ticket-size categories over INR 10 mn such as such as INR 20–50 mn (+47% YoY) and INR 200–500 mn (+19% YoY) has been notably higher than the lower end of the market. Luxury and super-luxury segments (>INR 200 mn), though small in size (<1,500 units combined), displayed volatility in QTS such as in the category of INR 20 – 50 Cr the recorded QTS was of 14.4 quarters while in INR >50 Cr the was recorded at QTS 9.0. 

Strong demand for premium housing supported healthy price growth across markets. Market activity continues to be concentrated at the top end of the market while momentum persistently slides in ticket sizes under INR 10 mn. Price growth has been healthy in Q3 2025 despite overall sales not seeing any growth. The price growth has been strong in NCR, Bengaluru and Hyderabad at 19%, 15% and 13% YoY respectively.

Source: Knight Frank Research

Gulam Zia, Senior Executive Director – Valuation, Advisory and Research, Knight Frank India, added, “Premium housing has decisively taken centre stage, accounting for more than half of all sales this quarter. The strength of the INR 1–2 Cr segment, now the largest by volume, underscores a structural shift in buyer demand. Even with rising inventory, absorption levels remain stable, reaffirming the market’s ability to adjust and grow within a healthy and sustainable framework.”

Telangana joins 14 other states in India with Tourism Police in place

Hyderabad, October 7, 2025: A week-long induction program for the first-ever batch of 80 Telangana Tourism Police personnel commenced at the National Institute of Tourism and Hospitality Management (NITHM), Gachibowli, Hyderabad, on Monday.

Organised by the Department of Tourism, Government of Telangana, the training programme is designed to prepare Tourist Police for deployment across major tourist destinations in the state. The course, titled “Orientation and Sensitisation of Tourist Police,” focuses on building capacity, improving visitor experience, and strengthening tourist safety in Telangana.

Disclosing this in a press note issued in the city, NITHM informed that the inaugural session was graced by Sri Mahesh M. Bhagwat, IPS, Additional Director General of Police (Law & Order), Telangana Police, as the Chief Guest. Other dignitaries included Prof. V. Venkata Ramana, Director, NITHM; Sri M. Ramana Kumar, Superintendent of Police, Government of Telangana; Mr Prakash Ammanaolu, Chairman, FTCCI Tourism Committee; and Mr D. Ramachandram, Co-Chairman, FTCCI Tourism Committee.

Speaking on the occasion, Sri Mahesh M. Bhagwat, IPS, said: “In a significant initiative to strengthen tourist safety and enhance visitor experience across Telangana, the Police Department, in coordination with the Youth Advancement, Tourism and Culture Department, has deployed trained Tourist Police personnel at major destinations in the state.”

Welcoming the participants, Prof. V. Venkata Ramana, Director, NITHM, emphasised the institute’s efforts in professional training and capacity building for tourism development. He highlighted the importance of presenting a positive image of Telangana to the world, as stressed by the Hon’ble Chief Minister.

As part of this initiative, 80 police personnel from nine Commissionerates will be deployed at prominent tourist destinations, including:

· Nagarkurnool (Somasila)

· Vikarabad (Ananthagiri)

· Mulugu (Ramappa)

· Yadadri Bhuvanagiri (Rachakonda – Yadagirigutta, 10 personnel)

· Yadadri Bhuvanagiri (Rachakonda – Pochampally, 10 personnel)

· Nalgonda (Buddhavanam, 10 personnel)

· Bhadradri Kothagudem (Bhadrachalam, 10 personnel)

· Hyderabad Commissionerate (Hyderabad, 10 personnel)

The Tourist Police in Telangana will assist visitors, maintain law and order, and provide facilitation services at key destinations such as Amrabad, Somasila, Ananthagiri, Ramappa, Yadagirigutta, Pochampally, Buddhavanam, Bhadrachalam, and Hyderabad.

Mr. D. Ramachandram, one of the programme’s resource persons, noted: “Telangana now has one of the biggest Tourism Police forces in India with 80 personnel. It joins 14 other states that already have Tourism Police in place. Kerala was the first to launch the initiative in 2010. Across India, there are over 600 Tourist Police, while globally, around 60 countries have 20,000-plus Tourist Police. Telangana now joins this elite group.”

The induction program trains personnel in soft skills, tourist facilitation, public guidance, festival and crowd management, emergency preparedness, communication and coordination, ethics, and cyber awareness.

The programme features resource persons from NITHM faculty and experts from media, medical, sports, yoga, communication, and other disciplines.

Bangalore, Oct 07, 2025: Startups passionate about driving positive impact for Persons with Disabilities (PwDs) through Assistive Technology (AT) can now apply for the cATalyst AT Startup Acceleration Program Cohort 7, launched by AssisTech Foundation (ATF) in partnership with SBI Foundation.

This pioneering initiative aims to accelerate and scale AT ventures, enabling innovative startups to create transformative solutions that empower PwDs across learning, livelihood, and living.

Prateek Madhav, Co-Founder, and CEO (ATF), said: “The program is designed to support startups in their journey to create impactful tech solutions that enhance the lives of PwDs by facilitating learning, livelihood, and independent living. Over the course of multiple cohorts, we have mentored 54 startups and built an extended network of 500+ AT startups. Collectively, these efforts have positively impacted over 1 million PwDs, and we aim to reach 5 million by 2030. With the global AT market projected to surpass $30 billion, the program is more relevant than ever, creating opportunities for startups to drive meaningful innovation and scale in a rapidly growing ecosystem.”

Eligible startups must have a Minimum Viable Product (MVP) ready for testing and validation, demonstrating both feasibility and potential impact. Solutions should include a clear technological component, highlighting innovation, scalability, and the ability to address real-world challenges faced by PwDs. Additionally, participating startups must be registered legal entities in India.

Through the program, participants will gain access to experienced mentors who provide strategic guidance across business development, technology, and disability inclusion. Startups will also receive specialized support in critical areas such as legal, marketing, and branding, enabling founders to focus on innovation, product development, and growth. In addition, the program provides valuable networking opportunities through exclusive events, workshops, and conferences, connecting startups with industry leaders, investors, and fellow entrepreneurs across the AT ecosystem. In addition, startups will also receive guidance on accessing diverse funding opportunities.

GURUGRAM, OCTOBER 7, 2025: Nissan Motor India today revealed the name and offered a tantalizing preview of the design for the newest edition to the global SUV lineup:  the All-New Nissan Tekton.

A name that reflects Nissan’s ambition

The name “Tekton” is of Greek origin, meaning “craftsman” or “architect“. It aligns with Nissan’s ethos of precision engineering and innovation that enriches lives. The name signifies a powerful, premium C-SUV that embodies engineering excellence, performance, and a distinctive design identity. The Tekton will be a choice for those who are “shaping their world” through their careers, passions, or lifestyles.

Ahead of its full unveiling and start of sales in 2026, the Tekton is designed and engineered to disrupt the C-SUV segment. It will be the second product under Nissan’s ‘One Car, One World’ strategy, manufactured in partnership with Renault at the Chennai plant for sale within India and future export to select global markets.

Design and Inspiration

Nissan’s newest SUV, the Tekton, draws design inspiration from the company’s longest-running and most iconic SUV, the terrain conquering Patrol. When it arrives next year, it will combine bold aesthetics with robust reliability, premium craftsmanship, and a suite of advanced tech features.

At the front, a powerfully sculpted bonnet and distinctive C-shaped head lamp signature—reminiscent of the Patrol—pair with robust lower bumper to create a commanding and imposing presence that belies the vehicle’s size.

The side profile features an imposing, muscular stance, designed to create an unmistakable silhouette on the road. Paying Homage, the front doors of the Tekton feature a ‘Double-C’ shaped accent, incorporating a subtle mountain range motif inspired by the Himalayas.

At the rear, a red illuminated lightbar spans the width of the vehicle, conveying a sense of sturdiness and connecting the ‘C-shaped’ dynamic tail-lamps. The Tekton nameplate is prominently displayed across the tailgate below.

Alfonso Albaisa, Corporate Executive, Nissan Motor Co., Ltd says, “The All-New Nissan Tekton draws its design inspiration from our legendary Nissan Patrol. It is designed to disrupt, dominate, and deliver everything today’s modern Indian consumer desires. Imposing, stylish, and built to set a new benchmark in India and beyond, the design and build quality are distinctly Nissan—embodying the best of Nissan’s SUV DNA.”

Saurabh Vatsa, Managing Director, Nissan Motor in India, comments, “The All-New Nissan Tekton is going to be at the centre of the Nissan’s resurgence story and offers a glimpse into the future of our product portfolio in the country. With its commanding stance, bold looks and premium interiors, we are confident that it will be a segment disruptor, appealing to customers seeking a robust yet refined C-SUV. This model will spearhead Nissan’s growth story in India.”

The Tekton will be key to Nissan Motor India’s plans to strengthen its presence and expand its product portfolio in the country. As part of this growth, Nissan Motor India is rapidly expanding its dealership network.

Mahanagar Gas Limited signs MoU with Oil India Limited to collaborate across the LNG value chain

 Mumbai, 07 October 2025: Mahanagar Gas Limited (MGL), one of India’s leading City Gas Distribution company and Oil India (OIL), a Maharatna public sector enterprise with integrated capabilities across the oil and gas value chain, signed a Memorandum of Understanding (MoU) on 6th October 2025. The MoU was signed by VP (BD, BIS, Commercial & STU), MGL and ED (BD), OIL in the presence of Managing Director, MGL and Director (Operations) and Director (HR), OIL.

MGL, having successfully forayed into the LNG value chain, operates LNG retail stations and is actively pursuing other clean energy initiatives. OIL has an expansive hydrocarbon exploration and development programme with plans to significantly ramp up gas production, alongside a defined roadmap for advancing clean energy projects. Under the MoU, the two organisations will collaborate to explore opportunities across the LNG value chain and in emerging clean energy areas.

Speaking on the occasion, Mr Ashu Shinghal, Managing Director, MGL, said, “This collaboration with OIL will help accelerate adoption of cleaner fuels in the long-haul transport sector. It will enable corporates to move towards greener logistics solutions and contribute to reducing the overall pollution footprint.”

Mr Trailukya Borgohain, Director (Operations), OIL, said, “The collaboration will focus on assessing technical and commercial viability of LNG in the heavy-duty transport segment and on exploring projects in clean energy. Our objective is to take feasible pilots to commercial scale.”                                  

Mumbai, 07/10/25: Groupe MRP is initiating as an active corporate company. It wants to be a catalyst for transformative collaborations between India, Africa, and Arab Countries. The new agency will promote cooperation between 78 countries, 54 of which are African and 24 of which are Arab, through six main business units called DiVisions: Healthcare, Skill Development, Agriculture, Tourism, Hospitality and Insurance.

Leadership and a Clear Plan

Under the leadership of Groupe MRP’s Global MD and the President of the Indo-African Chamber of Commerce and Industry, Sumit Govind Sharma, Groupe MRP is collaborating with world-class professionals from the industry, each entrusted with heading a DiVision. This strategic initiative ensures that all sectors have specialised knowledge and targeted execution.

Sumit Govind Sharma remarked, “This initiative is about more than just expanding the business; it’s about building lasting bridges between countries that will lead to shared prosperity. We’re making a platform that can really change how India works with Africa and the Arab countries by bringing together experts from different fields around a single vision.”

Six DiVisions to fast-track growth

• Pharmaceutical & Healthcare: India, a key hub for the pharmaceutical and nutraceutical industries, has a lot to offer Africa and the Arab region. Mr Rajesh Sharma, who brings over 33 years of experience in healthcare and pharmaceuticals, will lead this DiVision.
• Skill Development: Groupe MRP will develop training programs focused on enhancing work skills across all sectors in partner countries. The core of these scalable learning programs aims to bridge skill gaps and create courses that empower women and youth. This DiVision will be led by Savita John, who has over 25 years of experience in education, training, and workforce development.
• Agriculture: This DiVision envisions the mission of scalable, practical, and sustainable agriculture innovation. This would be led by Dr Nupur N Nagwekar (Head, Agriculture DiVision) and Mr Kshitij Nagvekar (Co-head, Agriculture DiVision). Dr Nupur N. Nagwekar, PhD in Biotechnology from the University of Mumbai, has a strong background in scientific research and agricultural innovation, with leadership roles in domain-specialised institutions. At the same time, Mr Kshitij Nagvekar brings entrepreneurial vision and AgTech domain experience – co-founding “Blessings from the Earth,” which has delivered transformative impact in farming through homestead farming kits, hydroponics, and digital tools.
• Tourism: This DiVision will be closely examined as it aims to boost the overall economy, increase community revenue, create jobs, and enhance visibility for all the country’s culture and traditions. Mr Kewal Kotian, who has over 25 years of experience in the travel and marketing sectors, will lead this DiVision.
• Hospitality: Sumit Govind Sharma, a prominent figure in the hospitality sector, will lead this DiVision. He brings a wealth of experience and expertise from his successful ventures in the food and hospitality industry, including notable restaurants such as Eve, Que Sera Sera and TAT. This DiVision aims to promote regional cuisines from India while ensuring an authentic dining experience. Sumit is committed to setting high standards for hospitality while preserving the authenticity of local cultures.
• Insurance / Re-Insurance: This Division will work on bringing new insurance products and risk management solutions to markets that are growing. India will be a key player in setting industry standards and giving insurance brokers a stronger voice across the country. But this DiVision’s vision goes far beyond India’s borders. They will be actively expanding their operations across Africa and the Arab world, forming strong partnerships in the region to have an effect around the world. Very soon a big partnership will be announced.

How would all the countries benefit

• Market Access: India’s technological expertise, combined with Africa’s large population and market potential, along with the Arab countries’ willingness to embrace new technology, will create unique opportunities for growth across all regions.
• Agricultural Innovation: Sharing India’s agricultural innovations, combined with Africa’s resources and the market for these products in Arab countries, will enhance overall benefits.
• Pharmaceutical Collaboration: India is at the forefront of the healthcare, pharmaceutical, and nutraceutical industries. It has much to offer, making this a perfect opportunity for all markets to collaborate.
• Strategic Gateway: The Arab countries are an important link between India and the larger markets in the Middle East and Africa.
• Investment Flow: The strong financial sectors of Arab countries make it easier to invest in Indo-African projects.
• Logistics Excellence: The Arab countries have a world-class logistics infrastructure that makes trade operations run smoothly.
• Trade Facilitation: Easier procedures and better trade agreements between countries.

Effects on the economy and chances

This trilateral collaboration model puts India in a good position to:

• Reach a combined market of more than 1.5 billion people in Africa and 0.5 billion in Arab countries.
• Diversify its export markets and become less reliant on traditional ones
• Create jobs by increasing trade and investment flows
• Make India a key player in Global cooperation initiatives

Looking Ahead

As Groupe MRP starts this big project, the organisation promises to make a difference that can be measured in all partner countries. The corporation wants to open regional offices, make strategic connections with local businesses, and create whole programs that meet the needs of each region.
This project provides India with an excellent opportunity to become a better global partner, especially in new markets where sustainable development and mutual prosperity are crucial.

Delhi, 7th October 2025; Vegas Mall, Dwarka, once again proved to be the capital’s favorite lifestyle destination as it partnered with PUMA to host the brand’s exclusive intellectual property PUMA Nitro Run (10K & 5K). The electrifying event saw an overwhelming participation of 1000+ runners, transforming the mall’s premises into a vibrant hub of fitness, enthusiasm, and community spirit.

The run was more than just a fitness challenge; it celebrated togetherness, energy, and the joy of an active lifestyle. To elevate the experience, the mall featured engaging activity zones, including a Glitter Station and a T-shirt Distribution counter, ensuring memorable moments for all participants.

Speaking on the occasion, Mr. Ravinder Choudhary, Vice President, Vegas Mall, said, “Vegas has always envisioned itself as more than just a shopping destination – we are a hub for lifestyle, fitness, and entertainment. Hosting the PUMA Nitro Run reflects our commitment to curating experiences that bring communities together while promoting health and well-being. We are delighted to see such an overwhelming response and remain committed to hosting more large-scale, vibrant events for our patrons.”

The event successfully blended fitness, brand engagement, and community celebration, further reinforcing Vegas Mall as the go-to destination for premium events in Delhi NCR.

New Delhi, 7th october, 2025: This festive season, The Lodhi reimagines the art of gifting with a collection of Diwali hampers that bring together the essence of tradition and the joy of indulgence. Designed to celebrate togetherness and elevate the spirit of giving, each hamper blends artisanal treasures with festive accents, making them perfect for family, friends, and corporate gifting.

The collection features a range of exquisitely crafted hampers such as The Deluxe Hamper, priced at INR 5,000, a refined assortment featuring The Lodhi’s signature artisanal chocolates, assorted dates and nuts, Newby loose-leaf tea, and festive accents including a Ganesh idol and decorated candle holder. For those seeking a more elaborate indulgence, The Signature Hamper, at INR 7,500, comes in a festive red basket, complete with elegant décor accents such as a Ganesh idol, diya, and scented candle. Inside, it offers an indulgent selection of dry fruits, Zuffon millet snacks, French macarons, luxury perfume, artisanal jams, coffee, olive oil, cookies, and The Lodhi’s signature chocolates, making it a thoughtful blend of tradition and gourmet flair.

Stepping up in grandeur, The Premium Hamper, priced at INR 10,000, brings together a lavish selection of handcrafted sweets, artisanal chocolates, premium dry fruits, and luxury teas, complemented by elegant décor accents such as coasters and a festive candle, a refined choice for those who value exclusivity in their celebration. The collection further extends to The Luxury Hamper at INR 15,000, a curation of international delicacies, French macarons, organic preserves, and The Lodhi’s signature chocolates, paired with artisanal décor accents. Adding to this is The Lodhi Hamper, priced at INR 25,000, an extravagant ensemble featuring gourmet indulgences, artisanal desserts, elegant décor, and a Lodhi sling bag, embodying both sophistication and festive grandeur.

For the ultimate indulgence, The Grand Hamper, priced at INR 55,000, features The Lodhi Hamper along with a one-night stay in The Lodhi Pool Room, creating a memorable and luxurious festive experience. Taking it a notch higher, The Lodhi Platinum Hamper, priced at INR 1,00,000, offers The Lodhi Hamper, a one-night stay in The Lodhi Pool Room, a spa couple massage, and an exclusive New Year’s Gala Dinner for two, the epitome of opulent gifting.

Adding a unique dimension to this year’s collection are The Lodhi Exclusives, bespoke hampers showcasing an array of handcrafted silverware, artisanal delights, and elegant décor accents.These exclusive offerings reflect prosperity, purity, and refined elegance, making them timeless keepsakes that beautifully blend tradition with contemporary luxury.

With personalisation and bespoke options available, The Lodhi ensures every hamper resonates with thoughtfulness and charm, making it not just a gift but a lasting memory.

New Delhi, October 7, 2025: The Indian Healthcare League(IHL), India’s pioneering sports league dedicated to promoting health, wellness, and fitness among healthcare professionals,  announced its official broadcast partnership with DD Sports, one of the country’s largest and most widely accessible sports broadcasters. With this collaboration, all IHL matches will now be telecast live across India from 14th – 21st December 2025, ensuring millions of households can join in celebrating the spirit of healthcare and sportsmanship.

This year, the league carries a special focus on Cancer Awareness, using the platform of sports to amplify one of the most pressing health challenges facing India. The IHL aims to spread the message of early detection, preventive lifestyle, and community support by engaging viewers through matches, campaigns, and inspiring stories of doctors who dedicate themselves to both medicine and fitness.

Highlighting the league’s commitment to inclusivity and women empowerment, the final day will feature an exclusive Women’s Match, showcasing the strength, resilience, and leadership of women healthcare professionals. This aligns with Whitecoat Sports’ broader mission of breaking barriers and creating equal opportunities in healthcare and sports.

Speaking on the partnership, Dr. Rahul Mangal, CMD, Whitecoat Sports, said:
“This collaboration with DD Sports is a game-changer for the Indian Healthcare League. Our vision has always been to celebrate healthcare professionals, inspire a culture of fitness, and spread meaningful awareness on critical health issues like cancer. The addition of a dedicated women’s match further strengthens our mission of empowerment and equality. With DD Sports as our broadcast partner, we are confident of reaching millions of Indians with both entertainment and inspiration.”

DD Sports, renowned for its grassroots and national-level coverage, will not only showcase matches but also highlight the journeys of 150 doctors and healthcare professionals participating in the league. These inspiring individuals balance their demanding careers with their love for sports, making them true role models for the community.

Key Highlights of the Partnership:

• Live Broadcast: All IHL matches to be broadcast live on DD Sports TV Channel, DD Waves OTT Platform, and DD Sports YouTube Channel
• Nationwide Reach: Ensuring accessibility for both urban and rural audiences across India
• Cancer Awareness Mission: Dedicated focus on spreading awareness, education, and preventive health measures
• Women Empowerment Spotlight: Special Women’s Match on the final day to highlight inclusivity and gender equality in healthcare and sports
• Healthcare Heroes in Action: 150 doctors and medical professionals competing in the league, showcasing both skill and dedication

The 2025 season of IHL promises high-energy matches, meaningful health campaigns, and inspiring participation from India’s medical community. Fans can look forward to action-packed fixtures, behind-the-scenes stories, and a league that goes beyond sports to drive a powerful message of health, fitness, and collective well-being.

Chandigarh, October 6, 2025: Prime Minister Shri Narendra Modi today inaugurated the PM-SETU (Prime Minister Skill and Employability Transformation through Upgraded ITIs) scheme at Vigyan Bhawan, New Delhi, along with other youth-focused education and skill development initiatives worth over ₹62,000 crore. Minister of State (Independent Charge) for Skill Development & Entrepreneurship and Minister of State for Education, Shri Jayant Chaudhary, was also present at the event.

With an outlay of ₹60,000 crore, PM-SETU aims to modernize 1,000 government Industrial Training Institutes (ITIs) through a unique 200 Hub and 800 Spoke model. This transformative initiative underlines the government’s commitment to empowering India’s youth through modern skilling and employability programs.

Speaking at the launch, Shri Jayant Chaudhary said, “As Chaudhary Charan Singh used to say, the path to national development passes through our farms and villages. Similarly, ITIs will now drive India’s growth. The Hon’ble Prime Minister has given a clear message to our youth — focus on your skills and education to build a developed India by 2047.”

In Phase 1 of PM-SETU, ITI Bharatpur in Rajasthan has been identified as a Hub, while ITIs in Dholpur, Karauli, Kaman, and Bayana will serve as Spokes. These institutions will focus on key sectors such as Manufacturing, Agriculture, and Hospitality.

Each Hub will be equipped with:

• Innovation Centers

• Training of Trainers (ToT) facilities

• Production Units

• Placement Services

Spoke institutes will offer expanded training outreach. The initiative will be industry-driven, with Anchor Industry Partners managing each cluster to ensure relevance and employability. The Bharatpur cluster will leverage partnerships with CII, FICCI, and local industry bodies to strengthen regional skilling ecosystems.

With the PM-SETU scheme, India’s ITIs are poised to become engines of employment, entrepreneurship, and economic transformation.