The Group to invest Rs 500 crore by 2012
Complying with their philosophy Move ahead, stay ahead, The Yash Birla Group, one of India’s most reputed conglomerate, today announced their foray into the preschool, K-12 schools and super specialty education industry. Present at the conference were Mr. Yash Birla, Chairman, Yash Birla Group; Mr. Srikrishna, CEO, Birla Edutech Ltd. along with other industry stalwarts.
Yash Birla Group’s journey in education began at the turn of the millennium with involvement in building tools and aids, which support teachers, students and schools to effectively deliver academic content. This was achieved by building multimedia content which was curriculum based and used by the teachers to supplement subject based knowledge. Other wholesome solutions were also provided by setting up of computer laboratories etc. Today, they are present in over 200 schools across the country and over the next 3 years will reach over 5000 schools enhancing the quality of education in our schools. The Yash Birla Group also owns Gopi Birla Memorial School, one of the prestigious educational institutions of South Mumbai. Facing the Arabian Sea, it provides a serene environment for studies. As a co-ed school affiliated to the C.B.S.E., it holds a distinct place amongst the education fraternity.
On the occasion of the announcement, Mr. Yash Birla, Chairman, Yash Birla Group stated “Education to me is the process by which we develop different facets of our personality. A big part of our personality is being creative and figuring out what we are good at and pursuing our dreams without any inhibitions.” He also said that the last three decades has seen exponential change and progress in all walks of life, unfortunately, at the very same time the quality of schooling has deteriorated. He emphatically said that we need to bring back creativity and the joy of learning into the classrooms.
The vision of Birla Edutech is to revolutionize education and to ensure that our institutions live up to their promise of nurturing complete human beings. It will set up preschools, schools and super specialty institutions across the country and beyond.
Mr. Srikrishna, C.E.O., Birla Shloka Edutech Limited said that the century belongs to those who are highly skilled, innovative and who continually learn and develop to meet the challenges of an ever evolving world. These individuals will be leaders in their respective fields and ambassadors for sensitivity to the environment, economy and society. They will significantly contribute to whichever region of the country they are in and to the country becoming a Global Leader.
Mr. Srikrishna shared that the Birla Edutech institutions will have a well mapped presence across the country and overseas and will be community cornerstones for learning. The Group is planning to set up around 200 preschools, over 100 K-12 schools, 15 super specialty colleges and 20 teacher training institutes .
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Birla Edutech ltd has already successfully entered the pre-school category with Globe Tot’ers. Globe Tot’ers, a one of a kind eco-friendly pre-school, is currently operational at Juhu and Lokhandwala in Mumbai and will gradually expand to other parts of India and abroad.
About Yash Birla Group
The Yash Birla Group is an INR 30 Billion conglomerate of over 20 diversified companies which run the gamut from established sectors like Auto & Engineering, Textiles & Chemicals and Power & Electricals to emerging sectors of today like Wellness & Lifestyle, Education & IT. Today the group has 8 listed entities in India.