Aptech inks deal with National Skills Development Corporation

MUMBAI: Software training company Aptech today entered into an agreement with the National Skills Development Corporation under which it will train 2.33 million people across country in the next 10 years in various sectors.

The total project cost is Rs 10 crore and Aptech will get a soft loan of Rs 7.5 crore from the NSDC, a statement issued by Aptech said.

Aptech will create a separate business unit to train the students in varied sectors like banking, financial services and insurance, IT/ITeS, media and entertainment and organised retail, the statement said.

With the signing of the agreement, Aptech also enters imparting training in the BFSI and retail sectors.

"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 five years," it said.

"Besides the regular, we shall deliver training through technology enabled remote classrooms and have plans to recruit master trainers and instructors for the same," its chief executive and managing director Ninad Karpe said.

Karpe signed the memorandum of understanding with NSDC's CEO and MD Dilip Chenoy in Pune earlier during the day.