Information technology training institutes are diversifying and expanding operations as students show continued interest in the sector even as job prospects remain gloomy.
Key players in the IT training business like NIIT, Aptech and Appin Technology Lab (ATL) are diversifying and updating their courses to enhance employability in the sector.
NIIT, which has currently around 600 centres, plans to increase it to 700 by 2015, NIIT vice-president E. Venkatesan told reporters recently.
The institute is now offering courses in banking, business process outsourcing, insurance and some other sectors.
India IT sector is anticipated to reduce its hiring plans by up to 22 percent to 150,000 in the current fiscal year. With global uncertainty, automation, and non-linear growth, one-third of students face the perils of unemployment.
To minimize the impact of these challenges, most of the institutes are focusing on innovation and diversification.
With over 110 training institutes across the country, ATL has been a major feeder company to the IT sector over the last decade. With its presence in 70 cities globally, ATL has launched products and services on parallel tracks to ensure a multi-fold franchise and company growth even in testing times.
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