Aptech has signed an agreement with the National Skill Development Corporation (NSDC) on March 8, 2013 as part of which the global education and training company would provide job-related training in a range of disciplines to meet the growing demand for skilled manpower in several key areas of the economy.
As part of the Aptech-NSDC arrangement, Aptech would form a separate SBU within its existing organization structure to train more than 2.33 million people nationwide over 10 years in a wide array of sectors that include Banking, Financial Services and Insurance (BFSI), IT/ITeS, Media & Entertainment, and Organized Retail. NSDC would provide a soft loan of Rs 7.5 crore to Aptech for this skills training initiative. The total project cost has been pegged at Rs 10 crore.
Aptech proposes to set up 500 new centers under the proposal and would enter new and rapidly growing segments such as Retail and BFSI in the first 5 years. There is also a plan to provide learning through technology-enabled methods in remote areas of the country.
Aptech is provider of learning solutions to retail and corporate client across the world. The company operates two business segment retail and non retail. The retail segment consists of global information technology (IT), multimedia training and N-Power. Under this it has created brands like ACE (Aptech computer education), Arena animation, Avalon Academy, N-Power (hardware and networking) and Aptech Worldwide.