<span style="color: #222222;">Mumbai is all set to get the first Indian Institute of Skills – IIS, the foundation stone of which will be laid next month. Union Minister for Skill Development and Entrepreneurship, Dr. Mahendra Nath Pandey today announced that the institute is likely to be operational by next year. He said this after visiting the campus of National Skill Training Institute in Mumbai to review the site were IIS will be built.  <br />''<br />''Mr. Pandey informed that the project will be executed on a Public-Private Partnership basis, wherein Tata Educational and Development Trust will build the infrastructure and run the centre at an investment of 300 crore rupees. He said the IIS will have a capacity to train 10,000 trainees in traditional as well as new-age skills like factory automation, digital manufacturing, cybersecurity, additive manufacturing, data analytics, digital design, smart mechatronics among others. He added that the government wants to create a future-ready workforce who can cope with the changing technology and digital environment.<br />''<br />''Mr. Pandey said the formation of a separate Ministry for Skill Development has ushered in a skill development movement in the country. He informed that the government is planning to set up two such institutes at Ahmedabad and Kanpur by 2022.</span><br />