NEW DELHI: Talent Corporation Malaysia Bhd (TalentCorp), an agency and think tank under Malaysia’s Human Resources Ministry (Kesuma) has signed a Memorandum of Understanding (MoU) with NSDC International, a subsidiary of India’s National Skill Development Corporation (NSDC).
This strategic collaboration aims to deliver robust digital skilling solutions to equip Malaysian youth with future-ready skills, while also strengthening the Malaysia-India relationship and advancing skill development initiatives in both nations.
The MoU exchange between TalentCorp group chief executive officer Thomas Mathew and NSDC International managing director and chief executive officer Ved Mani Tiwari took place at the NSDC headquarters, witnessed by Human Resources Minister Steven Sim Chee Keong and India’s Skill Development and Entrepreneurship Minister Jayant Chaudhary.
This MoU is a supplementary to the first agreement signed in March 2023 between TalentCorp and NSDC, which led to the creation of TalentCorp’s industry-driven MyMAHIR Future Skills Talent Councils (FSTC).
These councils enable industry leaders to identify the evolving skill requirements in their sectors and spearhead the necessary training to ensure talent is equipped with both current and future competencies.
To date, six FSTCs have been established, covering sectors such as E&E, ICT, Aerospace, Biopharma and Manufacturing, Food Manufacturing Services and Global Services and Data Centres, with four more set to launch by September 2024.
Speaking at the event, Sim said that the discussion with India has led to this partnership to enhance the skills of Malaysian youth.
"Kesuma, through TalentCorp, has tailored specific skills training programmes based on recommendations and guidance from the FSTCs.
“We've observed that participants in these FSTC-guided programmes typically earn 10-15% higher salaries, demonstrating the strong link between enhanced productivity and increased wages."
He added: "With the new MoU, we will continue to intensify our collaboration and achieve even greater success for both the ministry and for our two nations."
TalentCorp and NSDC's renewed partnership will focus on two key areas: digitalising Malaysia's talent ecosystem through knowledge sharing and partnership in NSDC’s Skills India Digital Hub and introducing verifiable digital credentials for Indian nationals working in Malaysia.
Kesuma will launch a digital platform covering curriculum development, training design, content creation and certification best practices to boost youth employment in Malaysia, the region and globally.
This strategy is adapting NSDC’s Skill India Digital Hub that integrates skills, education, employment and entrepreneurship in India. This digital ecosystem will present Malaysia with an opportunity to adopt this successful model, with its drive in AI and digital.
Speaking during the occasion, Jayant, who is also Minister of State for Education said, “Our skill development programme is designed with a strong focus on industry needs.
“By conducting extensive grassroots surveys, we have identified critical skill gaps, and the Skill India Digital Hub plays a pivotal role in bridging them.
“I am confident that TalentCorp will greatly benefit from the tech advisory solutions provided by NSDC International. This partnership offers valuable opportunities for mutual learning and growth for both the countries.”
Also present at the event were India’s Skill Development and Entrepreneurship Ministry (MSDE) secretary Atul Kumar Tiwari and senior representatives from Kesuma, TalentCorp, MSDE and NSDC.
For more information on MyMAHIR FSTC, go to: www.talentcorp.com.my/mymahir
