It has created a separate Academic Solutions Group to serve as a finishing school for engineering graduates and is eyeing overseas markets by establishing an Overseas Solutions Group.
Citing the Nasscom-McKinsey report that has predicated a demand-supply mismatch of about 5,00,000 engineers by the year 2009, Karthik said "the company is planning to train about 25,000 students in the first year by partnering about 100 engineering colleges. These would be tier-II colleges as tier- I colleges would not require our support."
Growing demand
As the demand for skilled employable graduates goes up, recruiters will find the going tough as barely 7 per cent of graduates and 5 per cent of engineering students are employable research studies point out. By partnering with tier II and III colleges, we would help them groom students with a six months of additional training that would not only hone up technology skills but also soft skills, which is key to recruiters.
The market for eLearning and learning management solutions is estimated at about $23 billion and is growing at a steady pace. Companies such as Wipro, Patni and L&T Infotech located in a distributed environment are seeking ways to train their workforce. This serves as a mini enterprise resource planning system for learning within a company.
