Schneider Electric signs MoU with engineering colleges to address skill gap

Schneider will provide lab equipment, and help build world class infrastructure in areas of electricity, automation, energy management and renewable energy and its associated areas.

Schneider Electric India has signed an MoU (Memorandum of Understanding) with Kalinga Institute of Technology (KIIT) and CV Raman College of Engineering in Bhubaneswar to address the skill gap in the country. The global specialist in energy and automation will train and develop a pool of highly skilled workforce for electricity, automation and energy management markets.
 
With the coming of digital technologies, the skill set required in the workforce for electricity, automation and energy management markets has changed drastically. According to a report by Mckinsey & Company, in the next three to four years, it is expected that the IT sector workforce will become redundant and will require re-skilling. The consulting firm suggests investing in building capabilities and re-skilling the workforce to stay relevant.

Schneider Electric has already helped both the engineering colleges to set up Industry Incubation Centres under its guidance. Schneider will provide industrial training to the college students in areas of electricity, automation and energy management. This will help in building a pool of highly qualified, relevant and industry-ready workforce.
 
The company has extended its collaboration with these colleges by signing an MoU, where they will understand and prepare a joint operation to establish a better relationship between the industry and academics. This MoU will encourage a high level of interaction between the engineers, research fellows, faculty and students.

Rachna Mukherjee, CHRO, Schneider Electric India, says, “This MoU is in line with our vision to develop a globally competitive talent pool in India, armed with futuristic skill-sets aligned to the requirements of the fast-evolving sectors like energy management and automation. With a deep understanding of the changing skills requirement of the industry, Schneider Electric is committed to support India in its human resources capability building initiative. Through these strategic partnerships, we aim to deliver the best of the training and skill development to accelerate transformation into the new-age opportunities in the energy sector.”

As per the MoU, these institutes will be recognised as Schneider Electric’s ‘Training and Education Partners’. Schneider will provide lab equipment, and help them in building world-class infrastructure in areas of electricity, automation, energy management and renewable energy and its associated areas. It will help in designing the labs/workshops for practical work and projects. The course curriculum will be jointly designed by Schneider and the institutes. Further, the company will introduce the institutes to the French Ministry of Education, to facilitate international exchange of students and faculty from similar technical institutes in France.
 
Schneider Electric is the global specialist in energy management and automation. With revenues of €25 billion in FY2016, it has 144,000 employees serving across more than 100 countries, helping them to manage their energy and processes in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, its technology, software and services improve the way customers manage and automate their operations.