Category — Education

Airbus Sets Up Asia’s First Greenfield Training Center in Delhi

Toulouse, France-based Airbus is setting up the Airbus India Training Center, a greenfield training facility at Aerocity, New Delhi, to support India’s growing need for Airbus pilots and maintenance engineers. The 75,347 square foot facility will be built in modules to become operational by the end of 2018 with two A320 full flight simulators, increasing to four and potentially to six simulators at the right time.

India is the fastest growing domestic aviation market in the world and is expected to grow at an annualized 9.3 percent over the next 20 years, outpacing the world average of 4.6 percent. The number of trips per capita in India is expected to increase four times by 2035. Airbus forecasts a requirement for at least 1,600 new passenger and freight aircraft by this period, requiring over 24,000 new pilots and maintenance engineers, reports the Media India Group.

Airbus Training Center in India pictograph

Tom Enders, CEO, Airbus said, “We have only scratched the surface when it comes to the growth of civil aviation in India. This training center will be the first such facility fully owned by us in Asia. It is a symbol of our enduring partnership with this country.”

June 8, 2017   No Comments

Walmart India Trains Supplier Partners in GST Compliance

Walmart India has started a series of workshops for its supplier partners to help them evaluate their Goods and Services Tax compliance levels and prepare for the transition to the new tax structure to be rolled out from July 1. Tax rates have been finalized for 1,211 items with a majority of items listed under the 18 percent slab.

GST is not just a tax reform, it is a whole new way of doing business. With its impending implementation, it is imperative for all businesses, large and small, to get ready to embark on the GST adoption journey,” said Krish Iyer, president and CEO of Walmart India.

Taxes“These workshops are expected to educate them [supplier partners] and accelerate their preparation by providing them with a platform to answer queries and concerns. With the customer at the heart of everything we do, this initiative will ultimately lead to a positive impact on the customer as we emerge with a streamlined process both at the back-end and the front-end,” Iyer added, reports the Economic Times.

May 29, 2017   No Comments

NBA Launches Academy in India

The National Basketball Association (NBA) announced the opening of the NBA Academy India, basketball training center, the first of its kind in the country, at Jaypee Greens Integrated Sports Complex in Delhi National Capital Region for the top male and female prospects from throughout India.

Twenty-one elite male prospects, who were selected following a three-month, nationwide basketball talent search, will receive scholarships and training at this academy. Three experienced coaches have been selected to guide the development of the players here: Ray Farrell, who will serve as Technical Director and will oversee all aspects of on-court and off-court development; Jacques Vandescure, will serve as the Player Development Coach; and  Todd Gates, will serve as the Strength and Conditioning Coach.  WNBA Legend Jennifer Azzi will be the Technical Director of the girls program at the academy.

Playing basketball

NBA deputy commissioner Mark Tatum told ESPN, ” “Look, clearly cricket is the No. 1 sport here in India, so the cultural challenge is that growing up, basketball wasn’t necessarily taught and played at the youth level. But we are actually investing a ton into making sure that more kids are being given the opportunity to play basketball, particularly in school.”

May 16, 2017   No Comments

Impact Investor Acumen To Raise India-Dedicated Fund

Headquartered in New York City, global impact investor Acumen is planning to launch an India-dedicated fund, as the investor plans on raising funds from India.

The company was incorporated in 2001 by Jacqueline Novogratz, with seed capital from the Rockefeller Foundation, Cisco Systems Foundation and individual philanthropists. Acumen’s work in India spans four sectors—healthcare, education, clean energy and agriculture.

Acumen Logo

Ajit Mahadevan, India director at Acumen said, “Across the four sectors we work in, we will look at these two enabling themes [technology and financing], because on the back of that you can create accelerated impact. All our education companies have a technology element. In agriculture, the focus is on access to markets using technology,”  The impact investor is exploring new avenues such as student and school financing, health insurance and MSME debt financing, reports Livemint.

“Acumen has invested over $100 million globally and the largest country is India. About a third of that has been invested in India, around $32 million, making us the largest non-microfinance investor in our sectors,” added Mahadevan.

April 9, 2017   No Comments

Google India Encourages Small Businesses to Go Online

A joint study by Google and KPMG titled Impact of internet and digitization on Small and Medium Businesses in India pointed out that 32% of digital businesses cater to customers outside their city, and employ five times as many people as do businesses that are offline; and profits of digitally engaged businesses grow twice as fast compared to offline small companies. The research also revealed that the rise of digital SMBs can help increase India’s GDP by 10 percentage points.

To address the offline 68% SMBs, Sundar Pichai, CEO of Google, announced the launch of Digital Unlocked, a training program for business owners in India that will empower them with essential digital skills to use the internet to grow their business. The program is offered as a combination of online, offline and mobile modes. The offline training will be conducted in partnership with industry body FICCI, and over the next three years 5,000 workshops will be held across 40 Indian cities. This training course is certified by Google, the Indian School of Business and FICCI, reports Mint.

Google India Logo

Additionally, Google launched Primer, a free mobile app designed to teach digital marketing skills in a quick, easy and interactive way. Available for download through the Google Play and iOS app store, Primer can work offline too, and is currently available in English and Hindi with Tamil, Telugu and Marathi versions coming shortly.

 

January 7, 2017   No Comments