In a significant move towards digital empowerment and skill development in India's North-East region, Cyient Foundation, in collaboration with SIDBI Swavalamban Foundation, has established an AI Future Skills Center of Excellence at the Nagaland Tool Room & Training Centre (NTTC) in Dimapur. The center, inaugurated by Union Finance Minister Nirmala Sitharaman, aims to accelerate AI-driven skilling and employability in the region.

Key Highlights of the Initiative

• Location: Nagaland Tool Room & Training Centre (NTTC), Dimapur
• Partners: Cyient Foundation and SIDBI Swavalamban Foundation
• Objective: To empower local youth with future-ready digital and technological skills
• Annual Training Capacity: 200-240 youth
• Employment Projection: 75% of graduates expected to find employment or become self-employed within three months

Training Programs and Impact

The Center of Excellence will offer AI-integrated skilling programs across various domains:

The initiative aims to bridge employability gaps, promote entrepreneurship, and foster digital inclusion in the North-East region. It supports national missions such as Digital India, Skill India, and Viksit Bharat 2047, contributing to India's efforts in equipping its workforce with advanced technology capabilities.

Collaborative Effort and Support

The project has been executed through a collaborative effort:

• Cyient Foundation: Conceptualized, designed, and implemented the project as the Program Management and Implementation Partner
• SIDBI Swavalamban Foundation: Provided funding support for infrastructure, AI simulation labs, and digital classrooms
• NITI Aayog: Identified the need for integrating AI and emerging technologies into skilling programs for unemployed youth in developing states

Long-term Vision and Impact

Dr. BVR Mohan Reddy, Founder Chairman of Cyient Limited, emphasized the importance of empowering youth with digital and technical skills for India's future. The initiative aligns with Cyient Foundation's vision of "Empowering Tomorrow Together" and builds on their track record of digital literacy and education programs.

Mr. Sudatta Mandal, Deputy Managing Director of SIDBI, highlighted the collaboration's commitment to building a digitally skilled and self-reliant India, aiming to create a scalable model for technology-led livelihood generation.

This initiative not only addresses the immediate need for skilled professionals in AI and future technologies but also contributes to the broader goals of inclusive growth and digital transformation in India's North-East region.

Cyient Ltd. , a global Intelligent Engineering Solutions company, anticipates improved performance in the second half of FY26, driven by a rebound in the semiconductor sector and significant contracts in aerospace and electric vehicle industries.

Key Highlights

• Cyient's Digital, Engineering, and Technology (DET) segment reported revenue of ₹1,438.00 crores in Q2 FY26, showing a 3.3% quarter-on-quarter growth and 4.5% year-on-year growth.
• The company's DET EBIT margin expanded by 20 basis points sequentially to 12.2% in Q2, despite headwinds from wage hikes.
• Cyient Semiconductors demonstrated strong growth of 12% in Q2, signaling a renewed focus on execution and customer momentum.
• The company secured a large deal worth $10.00 million from an aerospace company for engineering operations.

Financial Performance

Cyient's Q2 FY26 financial results reflect resilience amidst challenging macroeconomic conditions:

The company's DET segment showed resilience with a 3.3% quarter-on-quarter growth in revenue, reaching ₹1,438.00 crores. The EBIT margin for this segment improved by 20 basis points sequentially to 12.2%, despite wage hike pressures.

Strategic Developments

Cyient is focusing on several strategic initiatives to drive growth:

1. Semiconductor Rebound: The Cyient Semiconductors segment showed a strong 12% growth in Q2, indicating a recovery in this sector.

2. Large Contracts: The company won a significant $10.00 million deal from an aerospace customer for engineering operations.

3. Diversification: Cyient expanded into the automotive sector with a contract for electric charging systems manufacturing from a new global customer.

4. Innovation Focus: The company launched Cyient AI Lab for Schools, aiming to empower 25,000+ students across 50 government schools in Visakhapatnam with AI, STEM, and robotics education.

Management Commentary

Krishna Bodanapu, Executive Vice Chairman and Managing Director, stated, "Our sound cash position and profitability underscore our strength and readiness to deliver growth across our diversified portfolio of DET, DLM, and Semiconductors."

Sukamal Banerjee, Executive Director and CEO, emphasized the company's transformation agenda, focusing on market impact, technology adoption, and organizational effectiveness.

Outlook

Cyient expects a stronger performance in the second half of FY26, driven by:

• Recovery in the semiconductor sector
• Execution of large aerospace and electric vehicle contracts
• Margin improvements from ongoing cost optimization initiatives
• Continued focus on AI integration and design-led manufacturing strategies

The company's strategic investments in technology and innovation, coupled with its Domain + AI Strategy, are expected to drive sustainable global growth in the coming quarters.

Cyient's focus on intelligent engineering solutions and its diverse portfolio across multiple industries position it well to navigate current market challenges and capitalize on emerging opportunities in the technology and engineering sectors.