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IndiaCan
IndiaCan is a 50:50 joint venture between Educomp Solutions Ltd and Pearson Inc.
IndiaCan is a pioneering initiative with a view to bridge the gap between employment
opportunities and the skill and knowledge base of the unemployed youth in the country
and therefore, help them to get suitable employment opportunities. Founded on a
multi-dimensional approach towards bridging this skill gap, IndiaCan is creating
a talent pipeline for various industries by running educational courses customized
to the skill and competency requirement to enable large numbers of youth to upgrade
skills specific to various sectors and find assured employment in the fast growing
economy. IndiaCan will also design, deploy and integrate employability linked courseware
in regular curriculum of graduate and post graduate courses in colleges and Vocational
Training Centers (VTCs) across cities. With the combined strengths of Educomp and
Pearson, the JV is on track to become the largest provider of training for producing
pre-skilled talent for the industry. The company’s mission is to
- provide 500,000 persons ‘ready to deploy’ to the industry annually by 2012;
- be the top Vocational and Skill Development Company in India and
- Create and deploy globally transportable skills sets.
The programme is highly sensitive to market demand and takes up only those employable
trades that are in demand in the local market. The training curriculum is also designed
in consultation with the local business establishments and enterprises. This not
only ensures a match between the market or industry expectations and the skills
of the trainees but also helps them get entry level jobs easily.
Vocational Education Initiatives
McKinsey estimates that by 2015, Indian factories will probably require 50% more
than the current employed. The Services Sector requirement in 10 growth sectors
is staggering at an estimated 4 to 5 million employees every year. Global shortage
of skilled manpower will be a staggering 56.5 million annually by 2020.
IndiaCan aims to bridge the gap between employment opportunities and the skill and
knowledge base of the unemployed youth through capacity building and training inputs,
and helping them to get into entry level employment opportunities.
Our Strategy
IndiaCan, owns the complete value chain of Talent Assessment, Skill Enhancement
through Training Programs, Professional Certifications and Placements with the Corporate.
The JV has a multi-pronged strategy to deliver value to Students, Partner Institutions
and the Corporate. The JV has made key investments in the distribution network to
make its services available to students who are still studying in colleges as well
as to students who have graduated and are looking for skill enhancement programs.
On the delivery front, the JV has a strategic focus on delivering training thorough
technology leveraged programs to provide scale and quality.
Business Divisions
Currently, IndiaCan Initiatives are essentially structured under three key peripherals:
CA ETEN, Purple Leap and Vocational Business. Vocational Business includes a wide
spectrum of services and solutions like English Language Training with IGNOU; Government
Projects; and Banking, Financial Services & Insurance. The government projects are
with the central and state government agencies like DEGT Punjab, GIDC Gujarat, MPRDL
MP, RKCL Rajasthan to name a few.
Vocational Business
Government Projects
1. Vocational Business
Vocational Studies, the employability skill enhancement venture, has the vision
to become the largest brand for ‘ready-to-deploy’ entry-level talent in India. We
are building a build pan India delivery network through a mix of owned and franchisee
centres, delivering programs which build skills and employability of people.
We will deliver programs across price points and verticals like BFSI, Hospitality,
Retail, Sales, ITES, Spoken English, Manufacturing, Banking, among others. Our focus
will be on the bottom of the pyramid which lives in India’s tier 2/3 cities.
The program is highly sensitive to market demand and takes up only those employable
trades which have demand in the local market. The training curriculum is also designed
in consultation with industry experts and HR/Training managers of companies. This
not only ensures a match between the industry expectations and the skills of the
trainee but also helps in getting them entry level jobs.
Our Strengths:
- Experience and expertise in education and training business, Educomp being the largest
education company in India
- Global content and certification capabilities through Pearson and Edxcel
- Strategic Tie-ups with partners for better offerings and reach
- Extensive marketing and PR
- Leveraging on existing relationships in Government & K-12 businesses
2. PurpleLeap – College partnerships
PurpleLeap offers the complete talent lifecycle ecosystem of assessment, skill enhancement
and industry partnership for talent absorption. With top professionals as mentors
and customized career programs, the students become workplace ready and meet the
emerging industry challenges with ease.
College Partnerships:
PurpleLeap sets up a Career Centre on institute campus and train students .We enable
Corporate to leverage PurpleLeap Career Centre to acquire quality talent and reduce
the hiring and training costs across IT and ITES companies. Purple Leap conducts
intensive 400 hour training for entry-level roles across industries - Software Programming,
Software Testing and Remote Infrastructure Management
Corporate:
Save cost for the corporate by providing pre-trained talent and build operational
efficiencies by providing detailed skill-map for each candidate.
3. ETEN CA
Educomp Tele Education Network for CA coaching or ETEN CA is an initiative to address
the coaching needs of CA students.
A variety of coaching options are available for Pre-Engineering, Pre-Medical and
Management courses, but, that has not been a case with Commerce Students. The initiative
is aimed at mitigating many of these challenges and to help CA students get advanced,
scientific and personalized coaching from acclaimed faculty.
ETEN CA has setup training centers in metro cities as well as in non-metro cities,
where the students can attend the classes nearer to their home town, while from
its central studios ETEN CA relay the live lectures at all these centers simultaneously.
At ETEN CA, the best and the most recognized faculty members are engaged for coaching
to CA aspirants. ETEN CA has established a large network (50 Centers and still growing)
of centers, so that a student conveniently can attend the classes, being nearer
to his/her hometown.
Delivery Chain Mechanism:
Attract
EVEL engages with the government and client organisations to organise manpower search
in identified geographies and job-profiles through its vast network. The eligibility
criterion of the candidates for the course and job-profiles is agreed upon at this
stage.
EVEL uses various communication methods to reach out to prospective candidates for
the client organisation on an ongoing basis.
Assess / Identify Talent
Selection of candidates for the course shall be through an entrance test followed
by group discussion and personal interview, as appropriate.
Train
The course syllabus shall be jointly developed and designed by the parties, broadly
covering the subjects specified and mapping with the requirements of the job-profiles.
The following skills framework is employed to ascertain the complexity and the involvement
of the course.
Skill Framework
EVEL organises the delivery of the training programme at its centers spread across
the country, in accordance with the methodology, course structure and assessment
criterion agreed with the government and client organisations.
The deployment of learning is done employing the Hybrid Approach.
- E-learning
- Leveraging and building upon the current infrastructure and IP.
- Brick and Mortar Centers
- IndiaCan is establishing
45
own centers and
60
franchisee centers in
18 to 24
months.
- IndiaCan also leverages synergies with the currently available infrastructure of
16
ITI,
14500
ICT schools, and Millennium schools.
- Interactive Distance Learning
- IndiaCan is establishing 3 main and 2 secondary studios in Delhi by the end of 2008.
The capacities will grow exponentially from thereon.
While the initial reliance is on VSAT-based education, we are exploring DTH, IPTV,
BB based access for at-home provisioning.
The programme is highly sensitive to market demand and takes up only those employable
trades that are in demand in the local market. The training curriculum is also designed
in consultation with the local business establishments and enterprises. This not
only ensures a match between the market or industry expectations and the skills
of the trainees but also helps them get entry level jobs easily.
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