The Brij Mohan Khaitan group with diversified interests in tea, batteries and engineering, is set to foray into the education sector in a major way.
The group now runs one residential school, Assam Valley School in the Tezpore district of Assam, established and managed by the Magor Educational Trust.
The Khaitans are now planning to go national with the Assam Valley brand of residential schools.
Executive vice chairman and managing director of Eveready Industries India, Deepak Khaitan, said that the group was likely to float a separate company for the Assam Valley chain of schools.
According to Khaitan, the family was serious about the project.
"We are running Assam Valley School for the last couple of years and it is doing well. Now we feel that there is a need to do something more, considering the fact that there is a gap in the top-end education system," he said.
Khaitan said that it would set up Assam Valley schools in most of the major cities in the country.
The plans were still on the drawing board but, it was likely that 15 schools would be set up across India.
"We have not yet finalised the roadmap but we are thinking of corporatising the education chain. I feel that this can well be the first of its kind in the country. The practice is quite normal in the Europe and USA," he added.
Khaitan indicated that the second Assam Valley school was expected within a year's time.
"This could be in Chennai. The chain of schools would be run on commercial basis," he added.
Assam Valley school is a co-educational school that offers education from classes IV to XII.
