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Tata Infotech education arm sees revenues doubling despite slowdown
Financial Express - Sept 14, 2001

Tata Infotech Ltd’s education services division aims to double its revenues in the current year despite the slowdown in the information technology (IT) education and training segment.

The division reported revenues of Rs 32 crore last year, and is gunning for Rs 68 crore in the current financial year, according to its head, Mr Rahul Thapan.

"We are witnessing a downturn in our industry. In the first quarter, the student enrolment has gone down by 20 per cent compared with last year’s number. But in the second quarter, the situation is better. We have come up with a series of new plans to counter the slowdown," he said.

Tata Infotech hopes that its new idea of creating an IT curriculum based on a combination of business, application and technology skills will benefit students in this slowdown scenario. It has added a new semester in the high- end G-tech course called emerging industry, where students will get training on IT applications related to telecom, banking and insurance industry.

Said Mr Thapan: "Only technology training will not help a student now. The student has to learn application skills specific to vertical industry requirements. The student has to understand the customer needs in areas of business and application. Unless the students have specialised skills, they will not get premium jobs."

Along with the specialised training programme, Tata Infotech is tapping the corporate training market and expanding its education centres outside India.

"Wherever Tata Infotech is working on systems integration, we can offer training services. It can come as a total package to the corporates," said Mr Thapan.