L&T chief AM Naik appointed as the chairman of NSDC

L&T group chairman AM Naik appointed as the chairman of NSDC

AM Naik has been appointed as the Chairman of National Skill Development Corporation (NSDC) by the Ministry of Skill Development and Entrepreneurship.

Mr. Naik is currently the Group Chairman of India’s biggest engineering and construction company – Larsen & Toubro Limited (L&T).

NSDC, a public-private-partnership works under the Ministry of Skill Development & Entrepreneurship.

The Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship Dharmendra Pradhan said that Mr Naik is a successful leader  with values such as strength, innovation, ingenuity, knowledge and foresight  which are imperative to the success of any development initiative in today’s economy.

The objective of NSDC is to promote skill development by creating large, quality and for-profit vocational institutions. The organisation provides funding to build extensible and profitable vocational training initiatives.

“His standing in the community of industrial leaders will strongly enhance the industry connect. His vast experience will take NSDC to greater heights,” the Minister further said.

Mr Pradhan also said: “I am confident that this organization under his leadership, apart from its engagement in executing skilling modules, should also be a think tank providing direction and necessary guidance for creating a demand based skilling ecosystem in the country.”

On being appointed a sthe chairman of NSDC, Mr Naik said, “NSDC has developed a unique model combining skill development with strong industry partnerships. I am pleased at this opportunity to contribute towards our common vision of a high skill, high value added economy that offers opportunity to all.”

He is also a Padma Bhushan awardee in 2009 for his outstanding contribution to the economic growth of the country.

NSDC had been functioning without a full-time chairman since November 2016, when then chairman S. Ramadorai resigned from both NSDC and the national skill development agency. Mr Ramadorai, a former vice chairman of Tata Consultancy Services Ltd (TCS) had resigned citing personal reasons.

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