IT training centres face the heat

HYDERABAD: It boomed because of Satyam and is now preparing itself for doom, thanks to Satyam again. Hundreds of software training institutes that came up on the Ameerpet-Erragadda main road in the past decade are now shutting shop. Owners of these coaching centres say they are reeling under the worst crisis ever ��� the slowdown and the Satyam fraud disclosure.

���After all this, our owners are thinking of shutting shop,��� says Kurra Srinivas, administrator of V S Technologies that has been operating on this street for the last six years. ���Earlier we had a minimum of 10-15 students in each batch of both SAP and Oracle modules. But now it has dropped to a maximum of 2-3 . Even inquires have dropped drastically. As against 100 inquires we used to get every day, we now receive at most five enquiries . Business has dipped by a good 80% for us,��� he rues.

The road that once teemed with job aspirants is now wearing a deserted look.