ICICI Academy to train 1 lakh youth

ICICI Academy for Skills (ICICI Academy), an arm of ICICI Foundation for Inclusive Growth, plans to train one lakh youth by 2017.

The academy, which launched its first centre in Mumbai to provide vocational training to those youth from economically weaker sections to help them earn a sustainable livelihood, will offer courses in five disciplines, namely electrical and home appliance repair, refrigeration and AC repair, two- and three-wheeler service technician, selling skills and office administration, the bank said.

ICICI Academy has tied up with various industry leaders, who as Knowledge Partners help in co-creating the course curricula and content, setting up practical training laboratories and training of trainers. It has also tied up with industry partners to provide employment opportunities to the trained youth. The curricula of these courses consist of industry relevant vocational training, and also life skills such as communication and financial literacy. The duration of the training is 12 weeks, the bank said.

“We recognised skill development as an important area of focus as part of our efforts in the nation’s socio-economic development. Bridging the critical gap between manpower availability and employability is important to provide sustainable livelihood opportunities for all to grow and prosper,” ICICI Bank Managing Director and Chief Executive Officer Chanda Kochhar said.

By March this year, 36,000 students would have passed out of ICICI Academy, with 100 per cent of the trained youth securing jobs with various organisations.

New vistas

The academy will offer courses in five disciplines
It has tied up with ‘Knowledge Partners’ from the industry
The duration of the training is 12 weeks

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