A social initiative of Raymond JK Trust together with its supporting partners,signed a MoU with the Government of Nagaland to launch an “Employment Linked Skill Training Program” in Kohima during CSR Conclave. The MoU was signed in the presence of the Hon’ble Finance Minister of India, Smt.Nirmala Sitaraman and Hon’ble Chief Minister Shri. Neiphiu Rio. The project is supported by NABARD (National Bank for Agriculture and Rural Development), Silver Spark Apparel Limited (Raymond Group) and Directorate of Technical Education under the Government of Nagaland.
India has a demographic dividend advantage and if this potential is tapped, the country will witness good economic growth. Skill development will play a major role in this. Around 12.6 million people are employed in garment industries and this number is expected to increase to 15.8 million by the end of 2022 (as per an NSDC report). Nagaland is one of the best educated states in India and the youth here have the potential to contribute to socio-economic development, if provided with the right opportunity. The project will bridge the existing gap between skill training imparted and skillsets required by industries.
Shri. Ram Bhatnagar, CEO of JK Trust, said,“As one of the most relatable household names when it comes to home-grown garment brands, Raymond aims to make a difference in the industry by providing skills to the future leaders of the same industry. This would boost the garment industry’s growth in Nagaland, provide employability to the youth of Nagaland and set up Nagaland as a potential base for industrial growth.”
