<h1>Conglomerate and Italian design university sign MoU to set up joint-venture training centre for footwear and fashion accessories</h1> A diversified conglomerate has signed a memorandum of understanding with an Italy-based design university to form a joint-venture training centre in Tamil Nadu. The centre will initially target the footwear and fashion accessories sectors, with potential to expand into additional academic departments and specialised design and fashion training. The agreement, disclosed in a stock-exchange filing, contemplates combining the university's academic expertise with the company's commercial capabilities to promote skill development and create professional opportunities in the sector. The MoU establishes a framework for collaboration but does not itself constitute a final, binding joint-venture agreement.