"Converting ITIs into technology hubs will accelerate up-skilling our youth workforce across the state and prepare them for jobs," Narayan told reporters here on the eve of 'World Youth Skills Day on Thursday.
Narayan, who holds portfolios of IT, BT (biotech) and Science and Technology, said the Rs 5,000-crore job scheme would be launched in October.
"The conversion will include refurbishing 78 old labs, setting up 72 new labs and constructing new building in the state-run institutes across the state," he said.
Of 1,713 ITIs in southern state, 270 are run by the state government, 196 are aided and 1,247 are operated by private, with a combined strength of 1.8-lakh students.
The state technical education department has tied up the institutes (polytechnics) with leading industrial firms to provide quality training on shopfloor to their students and revamped the curriculum.
The department will soon open 6 more government tool room and training centres (GTTCs) as an addition to 24 such centres across the state.
"We will also implement knowledge skill initiative in all state-run schools across the state to hone skills of students before they join technology hubs for further training," said Narayan.
The state government will also open two more Karnataka German Technology Training Institutes (KGTTIs) at Belagavi and Mangaluru in addition to the 5 such institutes across the state.
"A 'Skill Hub' will be set up at Ramanagara near Bengaluru by integrating programmes initiated for skill development," added Narayan.