The Madhya Pradesh Skills Development Project (MPSDP) is a USD 240 million project. Asian Development Bank has supported the project by extending financial assistance of USD 150 million and Government of Madhya Pradesh will invest USD 90 million towards the project. The project will assist the Government of Madhya Pradesh (GOMP) in transforming its technical and vocational education and training (TVET) system to create a skilled workforce that meets the evolving development needs of the state. The project will establish a new advanced TVET institute of international standards to introduce high-quality, technology-oriented skills training for the state’s priority sectors. The project will also modernize 10 major industrial training institutes (ITIs) by upgrading training infrastructure and curricula to impart quality, industry-relevant skills. The project aims to increase the employability, productivity, and incomes of the workforce, especially youth, women, and disadvantaged groups.