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Tuesday, December 4, 2007

Corporate Education a New Trend in India!

Corporate Education a New Trend in India!

The industrial sector in India is growing at a much faster pace than what we are able to cope with in the terms of providing adequate and trained or skilled manpower (Human resources) to these companies. In order to overcome this shortage, a few companies like Mahindra $ Mahindra and Videocon, are planning to set up engineering colleges, five campuses of Mahindra college of Engineering in states like Chandigarh, Goa, and Maharashtra to begin with. The College in Chandigarh is expected to begin its sessions by the next academic year in June, 2008. The Videocon company following suit is also in the process of setting up two finishing schools for Engineers and technicians. Mahindra & Mahindra is expecting to invest Rs 250 Crores for the entire project, whereas Videocon is starting its project with an investment of about Rs 85 crores.

Soon, corporate education is going to be the new trend. Companies will realize that its better to train their own people right from the start and nurture them in their own brands. This is a fresh approach to the problem of ending unemployment and also increasing the standard of education in the country and using our own brains to uplift the country's economy. This will also attract students to stay on in India and look to a brighter future than going abroad. All the companies stand to gain from this as the students can be picked from these colleges. As stated by Mahindra & Mahindra, that in this project each campus will have speciality in different disciples and the intention is to tackle shortage of manpower, not only for the group but also for the overall industrial sector in the country. The students would not only be guaranteed absorption in the M&M group but also have the opportunity of other companies who are welcome to poach these students. This is really great news for all the fresh aspirants out there! Grab this opportunity!

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