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Media Reports
TATA Infotech will complete the restructuring of its training and education business with the final phase-out of Tulec, its brand name for training institutes launched in the nineties, with a new-look chain of Tata Infotech Education institutes which will come packed with a new business model. The new business model will have Tata Infotech as the dominant partner in the training institutes, in variance with the industry practice of allowing franchisees the larger chunk of profits. Rahul Thapan, head, education service division, said, "The company has decided to adopt a different business model for its training institutes because now we will be much more actively involved in their day-to-day running unlike the practice with Tulec earlier." To begin with, the company will appoint its own faculty in every institute to ensure a standardisation of service. "The faculty will be on Tata Infotech’s rolls. Further, we have also set in place a centralised Career Advancement Group, which will be based in Delhi, and will be responsible for all posttraining placements anywhere in the country. Since our investment in the institutes will be higher, naturally we would want to get a higher share of the profits.", said Thapan. The company is looking at an investment of Rs 60 crore for revamping the training business. Part of the investment outlay would be borne by franchisees in the form of real-estate and basic infrastructure. The company has asked Tulec franchisees to change-over to the Tata Infotech Education business model. "When Unisys moved out of the joint venture in the early nineties, we thought it prudent to revamp the education business under a new identity," explained Thapan.
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