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| Exchange Disseminated Time | Aptech Ltd has informed BSE regarding a Press Release dated October 20, 2011, titled "Aptech ties up with TRRAIN Foundation to Empower people in the Retail Sector"
Press Release:
"Aptech Ltd has today announced a tie-up with TRRAIN Foundation. The collaboration will help people working in the retail sector develop their skills in retail management and effective communication. They will jointly develop the training modules which will help retail associates perform more efficiently and effectively in their jobs. In this venture, Aptech will be providing content, training and the academic support processes to run the training program, while TRRAIN will provide the infrastructure required (be it mobile education centres or classrooms) at retail dominant locations like malls and high streets to conduct these programs. The collaboration aims at training 20,000 people in 3 years in major cities like Mumbai, Bangalore, Delhi, Hyderabad.
Currently the Indian retail market is $ 450 billion and is estimated to reach US$ 650 billion by 2015. In order to sustain this growth in the sector, India requires a large pool of skilled workforce. It is estimated that about 5 million personnel would be working in modern retail trade by 2015. But there is huge gap between the talent pool available and the demand for skilled manpower. In order to bridge this gap of specialized skills Aptech and TRRAIN have taken initiative to design a programme where the individual will be equipped with latest skills to cater to retail industry-jobs that involve managing outlets, store operations, customer services, marketing, selling and merchandising etc.
According to Mr. B S Nagesh, founder, TRRAIN, “The Retail sector in India is witnessing a revolution where traditional markets are coupled with emergence of department store and malls. Rated as fifth most attractive market in the world, the sector demands skilled man power. We believe our tie-up with Aptech will enable us in upgrading lives of people in retail both at work and home. Skill development is a key focus area for us and this collaboration will deliver very tangible results.”
Ms. Ameesha Prabhu, Business Head, TRRAIN, "Individuals working in the retail industry will agree that continual education and up-gradation of skill is one of the most important aspects required to grow within the sector. Our tie-up with Aptech will he the first in many initiatives in the TRRAIN; Education arm of the organization.”
“Aptech, with this new engagement, would be entering the training segment in the retail sector. We have designed a course which is interactive in nature and coupled with conventional learning. The training module would be of great assistance in developing skills of people servicing the retail sector” said, Mr. Ninad Karpe, CEO & MD Aptech Ltd.
There are long terms plans to leverage the TRRAIN-Aptech training model for a pan-India rollout of retail training using containers as well as launch of the content at Aptech Centres." |
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