The job placement rate for students trained by NIIT in China is over 90 per cent.' A revealing excerpt from Saibal Dasgupta's Running With The Dragon: How India Should Do Business With China.
Indian IT training major NIIT said on Wednesday that it was chalking out expansion plans for strengthening its presence in China and also evaluating various initiatives in China's IT training space.\n\n\n\n
With the objective of increasing its presence in China, Indian software training company NIIT has signed a memorandum of understanding with Chinese real estate developer Shui On to set up training operations in at its upcoming Dalian Tiandi Software Hub. NIIT already has a presence in China with 172 locations in 65 cities with about 50,000 students graduating from NIIT centres in China every year.
Out of 165 centres, NIIT has 129 "NIIT Inside" units, which are located in the universities and colleges in China. Under the "NIIT Inside" model, the company embeds its training programmes in the curriculum of universities and colleges.
Information technology education major NIIT will expand its China operations by launching new programmes for that market for software analysts and architects later this quarter.
Computer education major NIIT has decided to scale up its China operations both qualitatively and quantitatively to meet the growing information technology manpower needs of the communist giant, senior company officials said in Beijing.
NIIT on Friday reported a 97 per cent increase in net profit at Rs 10.7 crore (Rs 107 million) for the quarter ended December 31, 2006 when compared with Rs 5.50 crore (Rs 55 million) in the quarter ended December 31, 2005.
India has consistently asked China to open up its market for IT and pharmaceuticals.
India on Wednesday launched a determined bid to diversify its export basket to China by roping in major corporates, including L&T, Ranbaxy, TCS and NIIT, to showcase their technological prowess in the world's most dynamic market.
Leading information technology company, Wipro has started looking at tapping the booming Chinese IT market, sources said on Friday.
The booming East China region as well as Shanghai metropolis has wooed top Indian firms like Infosys, Satyam, TCS, NIIT, State Bank of India and Reliance to set up software development centres or representative offices.
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
Ebay India MD Latif Nathani says that Indian ecommerce has a long way to go before catching up with the Chinese market.
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The prejudices the Chinese carry with them mean they are not natural global managers.
Shanghai Pudong Software Park of China has started negotiations with three Indian companies -- CMC, Newgen and Nucleus Software -- to have their presence in the park.
Though a weak dollar will lend some support to revenues and margins in FY21, the demand environment will outweigh any gain.
The super Grandmaster said the chess scenario has grown rapidly in the last 10 years, thanks to computers.
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
'Those 10 years in the IAF has made me what I am today.'
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Markets under pressure; IT financials grab spotlight.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
Markets surged in late trades to snap five-day losing streak led by bank shares.
Pharma major Lupin and mortgage lender HDFC were the top losers.
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