Automotive Skill Development Council (ASDC) has signed a Memorandum of
Understanding (MoU) with Magic Billion to explore possible future opportunities
to impart genuine and specialised overseas opportunities to respective
candidates in automotive sector.
MoU was signed in the presence of
Arindam Lahiri, CEO, ASDC and Basab Banerjee, Co-Founder and President
of Magic Billion.
is a skill council promoted by the Indian automobile industry, through Society
of Indian Automobile Manufacturers (SIAM), Automotive Component Manufacturers
Association (ACMA) and Federation of Automobile Dealers Association (FADA)
along with the Government of India represented by Department of Heavy Industry,
Ministry of Skill Development and Entrepreneurship, Ministry of Road Transport
& Highways and National Skill Development Corporation (NSDC).
in 2018, by the father-daughter team - Basab and Aditi Banerjee – Magic Billion
seeks to solve and manage the demand-supply gap of skilled workers from India
to global employers in different markets.
the last 3 years, Magic Billion has been able to curate the right kind of
talent for employers across 10 countries like USA, Romania, Italy, Sweden,
Russia, Japan, UAE and Abu Dhabi. These include roles in the construction and
manufacturing industries as well as those in healthcare, IT and agriculture.
MoU is a part ASDC and Magic Billion’s vision of resolving and managing the
demand-supply gap of skilled workers from India to global employers in
different markets, bringing the Magic of a Billion Indians to the World! This MoU will focus on skill enhancement of
the manpower in automotive sector thereby, improving employability as per
industry’s future requirement.
Sanghi, Chairman ASDC said, "We are pleased to collaborate with Magic
Billion for this project, which is part of our shared vision of building a
sustainable skilling ecosystem in the automotive industry. Right now all the
new-age vehicles are more technologically advanced, connected and smart, which
calls for an entirely new set of skills and knowledge to drive the industry
growth and its complete value-chain. Through this collaboration with Magic
Billion, we aim to contribute, positively to build India’s competitiveness by
enhancing employability within India as well as in other countries.”
Banerjee, Co-Founder and President of Magic Billion said, “ASDC has been
instrumental in supporting Magic Billion in this pilot project with our clients
in Germany. Our association with ASDC has assisted in sourcing right talent
pool for mechanical, automotive and electrical roles from different parts of
the country. At present, we have six students in a batch of 15 who have come
through our partnership with ASDC. The
project also involves technical training to candidates as per German standards
that will be designed, developed and implemented by ASDC and its training
both ASDC and Magic Billion will focus on bridging the supply gap of skilled
workers from India to the world and thereby helping them in fulfilment of
manpower requirement in their respective organisations by sourcing and
upskilling talent from India.
has been at the forefront in creating the right set of talent pool for the
automotive sector and this is a distinctive MoU with Magic Billion. Over the
past few months ASDC has signed multiple agreements with leading institutes and
organisations such as Google, MG Motors, Autobot India, SpeakIN, pManifold to
develop skilled and highly competent futuristic workforce.