Mahindra Group forays into higher education

The Mahindra Group has entered into the higher education sector with the inauguration of an engineering institution - Mahindra cole Centrale (MEC). This is in collaboration with French engineering institution cole Centrale Paris and Jawaharlal Nehru Technological University (JNTU) Hyderabad, an institution with academic and research oriented courses.

Mahindra cole Centrale is the maiden venture of Tech Mahindra’s 100 per cent subsidiary Mahindra Educational Institutions. The campus is located in Hyderabad.

Vineet Nayyar, executive vice chairman of  Tech Mahindra, said, “We recognise the need to transform engineering talent into business leadership. Mahindra cole Centrale will provide apprenticeship with collaboration from the industry, focus on humanities and international exposure.”

The institution will provide infrastructure to support research in the areas such as energy, environment, communications, infrastructure, transportation, materials, and defence.

Sanjay Dhande, founder director of Mahindra cole Centrale, said: “The industry experts predict a shortfall of approximately 2.5 million employable engineers in India by 2020. Mahindra cole Centrale will strive to bridge this gap. We intend to have practitioners from India and overseas and offer students facilities in emerging technologies such as manufacturing and knowledge-based services.”

Early this month, the human resources development (HRD) ministry gave its green signal to foreign universities to enter India and operate independently by setting up campuses. These universities will also be allowed to offer degrees without having a local partner in India soon, as required currently.

The ministry has sent proposals to the Department of Industrial Policy and Promotion (DIPP) and the Department of Economic Affairs (DEA) to permit foreign universities to open their campuses in the country as companies under section 25 of the Companies Act, 1956.

(Edited by Joby Puthuparampil Johnson)

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