The Coimbatore SIDCO Industrial Estate Manufacturers’ Welfare Association (COSIEMA) recently signed an agreement with Karpagam Institute of Higher Studies for the exchange of technical ideas and the training of students.

A press release from the Association indicates that the industrial scenario is transforming, with increased adoption of technology and digital tools, in order to be competitive. Students must be prepared to be recruited into the industry after graduation and therefore must be trained. While the industry needs new technological ideas and concepts, students need hands-on training in the industries. The MoU will benefit the members of COSIEMA, which has approximately 350 members, and the Institute. Even if the students take part-time training in the SIDCO units, they receive a stipend.

The 45-year-old SIDCO industrial zone at Kurichi in Coimbatore has 500 occupants, mostly in the micro, small and medium scale sector. The Association signed an agreement earlier with another technical institute, according to MV Loganathan, president of industry-institute relations at COSIEMA.