I am interested to start Industrial Skills Development Center. How can I get investors for this?

@ravishankaryellapragada-zRPmqv • Oct 26, 2024

Oct 26, 2024

1.4K

I am fresh graduate from Electrical and Electronics background. I am interested to start an Industrial Skills Development Center in my place which trains the fresh graduates and unemployed youth in various skills like PLC, SCADA, AC&DC Drives, HMI etc. I am also thinking about training in basic skills like electricians,carpenter,welders etc. which comes under PMKVY (Pradhan Mantri Kaushal Vikas Yojana). Where can I get funding for this? How can I get in touch with investors?

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Kaustubh Katdare

@thebigk • Mar 23, 2016

Have you made an estimate of how much capital you'd need? Depending upon the total investment needs, you'll have to figure out which type of investors you wish to approach. My best guess is that you'll have to approach various banks for investments, for which, the first step would be to create a business / project plan. Are you ready with it?
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ravishankar.yellapragada

@ravishankaryellapragada-zRPmqv • Mar 23, 2016

Thank you for your response. I have made estimation on capital and also created project report. The main problem how can I acquire land for this idea ? Will banks provide loan for land buying in India?
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Kaustubh Katdare

@thebigk • Mar 24, 2016

ravishankar.yellapragada
Will banks provide loan for land buying in India?
I think the best answer might come from someone who's associated with the banking domain. For your specific case, it'd be advisable to simply contact your bank's SME division.
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