TMI & NSDC partner to create over 5 lakh employable graduates and opportunities

March 23, 2011 - PRLog -- New Delhi, March 23 2011:  TMI and NSDC will jointly create over 5 lakh employable graduates in India. This was announced in Delhi by TMI e2E Academy Pvt. Ltd. Managing Director, Mr. T. Muralidharan and NSDC Managing Director and CEO, Mr. Dilip Chenoy.
After completing 20 years in Talent Acquisition and Talent Development, TMI Group (Talent Management International) & NSDC (National Skilled Development Corporation) jointly announced the launch of– TMI e2E Academy Pvt. Ltd.  TMI e2E Academy is a joint venture between TMI Input Service and C&K Management (both TMI Group Companies) for providing employment solutions to 5.18 lakh Graduates in 31 states and Union Territories with investments of Rs. 29.21 crores.
With the signing up of this co-initiative with NSDC, TMI e2E Academy will address one of the biggest challenges faced by the nation of unemployable graduates. Approximately 2 million graduates pass out every year, of which only 20 to 25% are employable. The rest are often frustrated by repeated rejections during the interview and selection process because of the mismatch between corporate sector expectations and poor skill set of the job seeker. Some of the corporate employers who have attempted to hire and train them at their cost are frustrated by the lack of loyalty of the trainees since many of them tend to look for another job as soon as they become employable.
Under this venture, TMI e2E will train fresh graduates and diploma holders in many roles in sales, customer service, technical support, manufacturing and back office. TMI e2E plans to launch 44 courses over a period of time to cover fresher jobs in 16 industries – Telecom, Retail, Banking, Financial Services, Insurance, Automobiles, Pharmaceuticals, Manufacturing, ITES, IT, FMCG, Agri-inputs, Logistics, Time Share Resorts, Hospitality and Airport management. Also, TMI e2E will deploy a new unique model – called the JOJOE (Jointly Owned Job Oriented Education) Model pioneered by the TMI Group. Under this model, students will be pre-assessed and trained by TMI e2E for specific entry level roles in sales, customer service, back office - based on the curriculum specified by the employer and all the students will receive pre-enrolment offers prior to training and hence will be placed immediately after the training is completed satisfactorily. The cost of the course will be partly paid by the student and partly by the employer and the employer will also pay a retention bonus to the employee after 18 months so that employee can get back the balance part of the fee paid by him/her.
Speaking on this new venture, Mr. Dilip Chenoy, Managing Director and CEO, NSDC said, “This particular project is primarily addressed to meet the growing demand for graduate talent in the Corporate sector without compromising on the candidates interest. This is a significant tie-up in the graduate segment and we are confident that TMI e2E Academy will cover all the prominent sectors to provide corporate employment to the Graduates”.


Also speaking on the occasion, Mr. T Muralidharan , Managing Director TMI e2E Academy Pvt Ltd said, “ The core mission of our Project is to connect education with employment. We will set up employability Assessment & Training Centres (ATC) at graduate colleges – approx 900 – across 31 States and Union Territories of India over a period of 10 years. Many of these training centres will be in semi-urban and smaller towns of India and will target talented and committed graduates from socially and/or economically backward section of society”.
TMI Group will invest 29.21 crores over a 10 year period and create a capacity to train 88,000 Diploma / B.A. / B.Sc. / B. Com. / B.E.  Students per year over a period of time. The first batch of trainees is expected to be enrolled in April 2011.
Commenting on the module Mr. B. Ramakrishnan, Director, TMIe2E Academy Pvt. Ltd and MD of C&K Management said, “Our challenge is to train the students from Tier II & Tier III cities to cope up with the Corporate culture and demands. Hence a lot of our focus is on the development of content and training activities which will help them transform. We are going to use a Multiple Intelligence Model in which the content will be delivered in audio, visual and kinesthetic formats and made available in multiple languages and further supported by e-learning for retention and reiteration.”
About TMI Group
TMI Group is an end-to-end Integrated HR Services organization. Setup in the year 1991, TMI is headquartered in Hyderabad. TMI Group has been in the Talent Acquisition and Talent Management space for the last 20 years. TMI Network, the Talent Acquisition wing of TMI caters to the recruitment - Entry to CXO Levels in the I.T. and non-I.T. space as well, recruitment advertising, response management and staffing needs of our clients. CNK Management Ltd. is the Talent Management arm of TMI Group and caters to the Training and Development of the employees of clients. HR Consulting, Blended learning, e-learning, instructor led training - Training Process Outsourcing, E-learning - custom courses and off the shelf catalogue courses, certification courses, continuous learning programs are the focus areas of CNK Management.
About NSDC:
The National Skill Development Corporation India (NSDC) is a one of its kind, Public-Private Partnership in India. It aims to promote skill development by catalyzing creation of large, quality, for-profit vocational institutions. It provides viability gap funding to build scalable, for-profit vocational training initiatives. Its mandate is also to enable support systems such as quality assurance, information systems and train the trainer academies either directly or through partnerships.


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