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

    ravishankar.yellapragada

    Member

    Updated: Oct 26, 2024
    Views: 1.2K
    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

    Administrator • 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

    Member • 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

    Administrator • 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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