TalentSprint to Partner AP Society for Knowledge Networks for Professional Skill Development in Andhra Pradesh Estimated to train upto 1000 rural and semi-urban graduates in Year I TalentSprint launches its Employability and Skill Development Centre in Hy
Fri, Jun 17, 2011
TalentSprint, an emerging leader in professional skills development, will collaborate with AP Society for Knowledge Networks (APSFKNW), the organization that operates Jawahar Knowledge Centres (JKC), to offer skill development programs to rural and semi-urban graduates of the state.
AP Society for Knowledge Networks and TalentSprint signed the Letter of Agreement (LoA) today in the presence of His Excellency Shri E.S.L. Narasimhan, Governor of AP, Mr. Ajay Misra, Principal Secretary, Information Technology and Communications, Government of AP, Mr. Dilip Chenoy, CEO & MD, National Skill Development Corporation (NSDC), and Mr. Amarnath Reddy, CEO of AP Society for Knowledge Networks. The announcement was made at the inauguration of TalentSprint’s new Employability and Skill Development Centre in Hyderabad.
Speaking at the signing of the LoA, Mr. Ajay Misra, Principal Secretary, Information Technology and Communications said, “It is very important to bridge the sizable talent gap that exists between obtaining degrees and being employment-ready. Companies like TalentSprint address this issue since India should no longer be looked upon as a source of cheap labour. We have to push the envelope and create an impact in the market place by increasing the base of employable workforce. This partnership is a significant step to address the issue of employability in the state.”
Dr. Santanu Paul, CEO and Managing Director, TalentSprint, said, "As per this arrangement, up to 1000 rural and semi-urban graduates will be nominated by AP Society for Knowledge Networks over the next year to undergo professional skill development programs at TalentSprint. We have tied up with the Central Bank of India to offer trainee financing to the extent of 90% of program fees. In effect, those nominated for this program will receive world class input at a nominal upfront cost, and the balance will be paid after they secure jobs and start earning. This unique partnership will promote both talent inventory expansion and economic inclusion, and cater to the huge talent gap that has built up in the IT and BFSI sectors."
Mr. J. A. Chowdary, Executive Chairman, TalentSprint said, “Today, we launched our Employability and Skill Development Centre here in Hyderabad with a capacity to skill more than 2000 trainees per year. Hyderabad currently stands as the largest IT/ITeS hub in the country and such a scenario presents us with the perfect opportunity to expand our operations in South India. We are gratified by the strong support we have received from industry since our inception.”
The state-of-the–art Employability and Skill Development Centre which TalentSprint launched today in Hyderabad will build upon its track record of successfully skilling 1500 unemployed college graduates in technology, domain and business communications, and enabling them to get their first job at salaries ranging from Rs. 1.5 to Rs. 3.2 lakhs per annum. Leveraging its deep industry relationships, the company has built a strong partnership base of over 50 companies.
Speaking on the occasion, Mr. Dilip Chenoy, CEO and Managing Director of the National Skill Development Corporation, said, “We believe that our Partner TalentSprint’s exceptional team and technological approach targeted at knowledge-intensive sectors will enhance employability of a vast majority of this state’s college graduates who are often considered unemployable by industry.”
TalentSprint has been chosen by the National Skill Development Corporation as a Partner organization for skilling over 5,00,000 unemployed college graduates for employability. Recently, TalentSprint had also started its first Remote Learning Center in Anantapur, Andhra Pradesh to serve the cause of social inclusion, where trainees from rural backgrounds are participating in its flagship Software Testing Foundation Program through a virtual classroom.
TalentSprint (www.talentsprint.com) is a leader in creating high performance professionals for the global industry through fast-track transformations. Focused on BFSI and IT sectors, TalentSprint has developed experiential learning programs that are based on industry-designed curriculum and are backed by national or international certifications. Taught by seasoned professionals with deep domain expertise and years of industry experience, the courses are focused on professional education and practical learning that are directly applicable in the workplace. The company has successfully graduated 1200 professional that have been recruited by 40+ leading companies in the IT and BFSI sector. TalentSprint now has world class learning facilities in Hyderabad, Chennai and Anantapur, with a capacity to skill over 3,000 trainees per year. More information on programs and employability can be obtained at www.talentsprint.com.
About National Skill Development Corporation India
The National Skill Development Corporation India (www.nsdcindia.org) is a one of its kind, Public Private Partnership in India. It aims to promote skill development by catalyzing creation of large, quality, for‐profit vocational institutions. It provides viability gap funding to build scalable, for‐profit vocational training initiatives. Its mandate is also to enable support systems such as quality assurance, information systems and train the trainer academies either directly or through partnerships. Its objective is to contribute significantly (about 30 per cent) to the overall target of skilling / upskilling 500 million people in India by 2022 mainly by fostering private sector initiatives in skill development programmes and providing viability gap funding.
About AP Society for Knowledge Networks
APSFKNW is an innovative and pioneering initiative that attracts the best students from all over the state, providing them with a world class infrastructure and opportunities to apply their knowledge to the challenging problems.