IndiaCan Education Private Limited, a 50: 50 joint venture between Delhi-based technology-driven education company Educomp Solutions Limited and US-based global education services provider Pearson, is planning to open 65 vocational training centres across south by the end of this financial year. Each centre will involve an investment of between Rs 15 lakh and Rs 20 lakh.
“Across India, we should be having 250 centres in place by then,” Srinath Venkatesh, vice-president (sales, marketing and operations), IndiaCan, told mediapersons here.
Announcing the company’s first such centre in Hyderabad, Venkatesh said India would require a workforce of 500 million within the next decade and the company’s vision was to train over 500,000 persons annually and make them ‘ready-to-deploy’ in the industry by 2012.
“Currently with 50 centres, we plan a pan-India network of more than 600 vocational training centres in the next 12-18 months – most of which would be through the franchisee mode – focusing on jobs across segments such as finance, retail, information technology and insurance. Each centre can realistically enroll about 1,000 students,” he said.
IndiaCan centres will initially offer one-month to three-month courses like spoken English, accounts, sales, retail and IT, with the fee ranging from Rs 999 to Rs 25,000. “Additional courses including telecom will be launched, as and when the industry demands,” Venkatesh said, adding IndiaCan would borrow courseware from both Educomp and Pearson, besides leveraging the former’s school infrastructure of 15,000 across the country.