EBTC, JCRE (BCF) tie up

    25-Mar-2024
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IMPHAL, Mar 24 : In a pioneering initiative set to redefine the landscape of skill development in India, the European Business and Technology Centre (EBTC), New Delhi, and JCRE (an initiative by Big Concepts Foundation Private Limited) North East India signed a Memorandum of Understanding (MoU) on March 21.
It may be noted that the alliance is strategically positioned to support the burgeoning need for skilled professionals, catalyzed by the increased investment flow expected from the European Free Trade Association Agreement and the EU-India Free Trade Agreement negotiations currently underway, according to a press release.
Lairenjam Niranjan Singh, Chairperson and Managing Director of JCRE (BCF) North-East India, emphasized the significance of the partnership while stating “Through this association, EBTC will help identify jobs in the industry which will enable our youth to be skilled and placed, thereby creating enhanced opportunities.”
Meanwhile, Paul V Jensen, Managing Director of EBTC, said that the partnership with JCRE (BCF) North- East India is a cornerstone of their strategy to foster a dynamic ecosystem for skill development and employment.  
“By joining forces, we aim to accelerate the progress of not only the Europe-India economic corridor, but specifically the North East of India, addressing skill gaps and empowering a new generation of skilled professionals”, he added.
In addition, Varun Sehgal, Principal of EBTC stated that the partnership is not just about creating job opportunities but about laying the foundation for continuous excellence and adaptability in the face of evolving industry demands.
The MoU signing was witnessed by Ankita Tyagi, Head, Public Projects and IP, EBTC; Jayshree Koijam, Director BCF and Vijaya Koumar, industry leader and thought leader for innovation.
Notably, as part of the broader vision encapsulated by the anticipated $100 billion investment from EFTA countries, the MoU underscores a shared commitment to nurturing a resilient industry- academia-research collaboration. Central to this initiative is the establishment of Centres of Excellence aimed at fostering skill development in key sectors, thereby facilitating the connection between the robust requirements of industry stakeholders and the growing number of youth in search of jobs.
This collaboration is poised to usher in a transformative era for India’s North Eastern States, bridging critical skill gaps and laying the groundwork for emerging tech companies from Europe seeking process outsourcing and capability centre partnerships in India, added the statement.