Purple Leap, a joint venture company of London Stock Exchange listed Pearson Education India and BSE listed Educomp Solutions, plans to join hands with around 300 engineering and management colleges across India in the next one year to train over 30,000 students as industry-ready professionals for jobs.
Two years ago, Pearson, the world’s largest education company, invested $30 million to co-promote vocational training provider IndiaCan, the business unit of Educomp Solutions, India’s largest technology driven education company.
“With the demand increasing to churn out ‘plug and play’ industry ready professionals with technical and management latent, we will enlist 150 more engineering and management colleges across India,” Amit Bansal, CEO of Purple Leap, told Financial Chronicle. The company was targeting to touch over 30,000 students in the next one year, he said.
“The industry requirement in the country is five-six lakhs per year. But except top 300 engineering colleges, 70 per cent of passing out students from the rest of the colleges are unemployable,” Bansal said.
“Our market is also growing,” he said. “We need 100 Purple Leaps to churn out industry ready students,” he said. To provide hands on training, the company has set up high tech Purple Leap Academy for Career Excellence (PLACE) programme in the enlisted colleges. PLACE manages the entire cycle of talent assessment, skill-upgradation and placement. It offers programmes like the Market Leader, a programme developed after 12 years of research by the Financial Times, and Longman.
Two years ago, Pearson, the world’s largest education company, invested $30 million to co-promote vocational training provider IndiaCan, the business unit of Educomp Solutions, India’s largest technology driven education company.
“With the demand increasing to churn out ‘plug and play’ industry ready professionals with technical and management latent, we will enlist 150 more engineering and management colleges across India,” Amit Bansal, CEO of Purple Leap, told Financial Chronicle. The company was targeting to touch over 30,000 students in the next one year, he said.
“The industry requirement in the country is five-six lakhs per year. But except top 300 engineering colleges, 70 per cent of passing out students from the rest of the colleges are unemployable,” Bansal said.
“Our market is also growing,” he said. “We need 100 Purple Leaps to churn out industry ready students,” he said. To provide hands on training, the company has set up high tech Purple Leap Academy for Career Excellence (PLACE) programme in the enlisted colleges. PLACE manages the entire cycle of talent assessment, skill-upgradation and placement. It offers programmes like the Market Leader, a programme developed after 12 years of research by the Financial Times, and Longman.
This Purpleleap is only know how to cheat the institutions in the name of Placement. Not a single placement is giving by Purpleleap. So, Beware of Engineering Colleges, don't diverted by the bloody Purpleleap.
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