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Tata Info arm plans Rs 60-cr expansion Telegraph - Mar 20, 2002

Kolkata: Tata Infotech Education has lined up an investment of Rs 60 crore for expansion of its operations in India and overseas. The company recently started operations in Vietnam, Columbia and South Africa and is also in talks with various institutes in China for a partnership.

"We now have 15 centres overseas, which is expected to go up to 100 in the next two years," says Rahul Thapan, head of the education services division.

The unit, which is part of the Rs 525-crore Tata Infotech, contributes around 6 per cent of the total revenues.

Tata Infotech presently has 315 centres in India and plans to increase the number of centres to 500 by March 2003 and 700 by March 2004.

The education division has decided to focus on corporate training for the next two years. "This year almost 30 per cent of our revenues came from corporate training. We expect this to go up to 40 per cent in the next year," Thapan said.

The corporate training drive has been made possible through two initiatives — e-learning and training of overseas customers. "Initially we will target the existing customer base of Tata Infotech, which we have acquired through our services division.