You are on page 1of 2

Lexicon Public Relations & Corporate Consultants Limited, 14 Community Centre, East of Kailash, N D -65

Phone: 91-11-26223099, 26234726, 26236603Fax: 91-11-26234725, www.lexicon.in

UTKAL MAIL, NEW DELHI


PAGE 07
MAY 20, 2011

TMI & NSDC partner to create


over 5 lakh employable graduates and opportunities

New Delhi May 20, 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.”

You might also like