Unitec, New Zealand and CMC JV to offer vocational training

Mumbai:
CMC Limited and Unitec Institute of Technology, New Zealand has announced an alliance to offer vocational education and training from CMC Academy centres in India. The MoU was signed in Mumbai  by Ramanan, CEO & Managing Director of CMC and Dr Ede, CE of Unitec, in the presence of  Steven Joyce, the New Zealand Minister for Tertiary Education, Skills and Employment.

Speaking on the occasion Ramanan said, “CMC Education and Training SBU is committed to bridging the skills gap between what the industry needs and the training currently available in India. The focus is to create specific job-enabling training programs and proactively assist in the job placement process.  The alliance with Unitec will help us to offer world class vocational training that will accelerate vocational training and job placements in India and potentially other emerging geographies”

“India’s increasing pace of development means there is a huge need for skilled manpower,” says Unitec Chief Executive Rick Ede. “This partnership with CMC is about building capability in delivering work-integrated vocational training in India. CMC is a well-regarded established education and training provider, so working with them to deliver a curricula that will meet their training needs is a great opportunity for Unitec.

CMC Academy and Unitec will work together to provide training programs to address the skill gap in areas like Hospitality, Organised Retail, Automobile Servicing, Healthcare, Construction Technology, and Textiles. Students will be offered world class training which is adapted to the Indian market and industry requirements.

Arun Varma, CMC’s Global Business Head for Education and Training said “CMC Academy offers industry relevant Education and Training in IT, Finance & Accounts, of the highest quality and is committed to extend this to other vocational streams as well” CMC Academy currently offers Job Enablement Training in IT, Accounting & Finance and several skill areas through 250 plus training locations across India.   

India’s accelerated economic growth and increasing demand for skilled manpower will require intensive efforts if they are to achieve the target of up skilling 500 million workers by 2022. Recent estimates have only 10% of the total workforce in the country receiving some kind of skills training (2% with formal training and 8% with informal training).  According to the NSSO survey only 6% of the total workforce (459 million) is in the organized sector. The World Economic Forum indicates that only 25% of all Indian professionals are considered employable by the organised sector. The unorganised sector is not supported by any structured skill development and training system to acquire or upgrade skills.