India sits at the forefront of the new economic paradigm. It is the second fastest growing major economy in the world with an expected growth rate of over 7 % even in these bad times.
According to the NASSCOM-McKinsey report, only 10% of generalist graduates are employable, while 25% of Engineers and MBAs are employable.
According to Edexcel research 2008, over a third of learners in India have no contact with employers during their studies!
Statistics indicate that for India’s workforce to take the Nation towards explosive economic growth, our intellectual capital must be well-rounded in terms of skills. Skills from an academic degree, vocational skills and non-vocational skills.
Our higher education system, the factory for our intellectual capital, is doing a tremendous job of providing standardized, basic education qualifications. However, there is a huge gap between what the industry needs and what is available at the finish line. Our academic institutions, besides physical infrastructure – also need world-class intellectual infrastructure. Intellectual infrastructure refers to industry relevant programs, quality content, capable faculty and other resources required to produce industry-ready manpower. And we believe that providing the required intellectual infrastructure early on-in the factory stage- will automatically strengthen the output, i.e. the learner, who comes out of the system prepared to take on employment, and become a productive member of our society.
24x7 Learning is India's premier Intellectual Infrastructure provider. Having trained over a million learners across 25 countries, 24x7 Learning partners with educational institutions to provide the intellectual infrastructure required to create, enhance and maintain India's intellectual capital base. Headquartered in Bangalore, 24x7 Learning has regional presence across 30 cities, and branches in Delhi, Mumbai, Chennai, Hyderabad, Pune and Kolkata. Incorporated in 2001, 24x7 Learning is the recipient of the Red Herring Asia award, the Deloitte Technology Fast 50 award for 2007, 2008 and 2009, and NASSCOM Top 100 IT Innovators accolade among others.