Fragile market sentiment and a drop in hiring by IT companies have had a direct and disturbing impact on top to mid-level IT training institutes in India. The country needs to focus on an agenda to create productive jobs in the IT sector for the training industry to make a comeback. IT training businesses like NIIT, Aptech and Appin Technology Lab (ATL) are diversifying and updating their courses to enhance employability in the sector. NIIT plans to expand its education centers to 700 from the present 600 by 2015.
"The effort is aimed at addressing the dilemma of scalability and quality in education that the country is currently facing," says E. Venkatesan, Vice-President, NIIT. The new centre offers training programs in IT, banking, global finance, management, and digital and social media marketing through its Cloud Campus with innovative learning features. With global uncertainty, automation, and non-linear growth, one-third of students face the dangers of unemployment. To minimize the impact of these challenges, most of the institutes are focusing on innovation and diversification.
Aptech has ventured into teaching English to students in Africa and Latin America as it seeks to stem five successive quarters of dipping sales. This expansion into unexplored markets will have the potential to generate rich dividends. ATL has been a major feeder company to the IT sector over the last decade. "We intend to make use of our influence and strength to keep increasing our presence, revenue and profitability on a wider scale," says Neha Kumar, ATL spokesperson.
With such initiatives taken by the corporate and graduates stand a better chance at starting a more successful career in the IT firms of their choice.