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fifth element

M & M from Rs 250 cr of 5 institutes of technology

Pune: For large automobile Mahindra and Mahindra, is the next major step in training, the establishment of five engineering colleges. To be set up in two phases, the first three, it is expected that over time that the years of education from 2009.

The three institutions of higher learning are in New Delhi, Goa and Chandigarh, with the group, assigned to Rs 250 crore for the five universities, the first in Chandigarh, such as ET had reported in August 2007. Chandigarh College is about nine hectares of land, leasing is in the region and the European Union to education in the city, by the administration.

“We want to build a pipeline of man evolving, we expect to see not just one but five universities, networking, so that the specialist of the Faculty able to teach all students at the same time instead of “M & M Vice Chairman and Managing Director Anand Mahindra said.” We will allocate more money to the faculty and technology, then in five sites, since it is leading educational institutions , “he added.

M & M a parcel is already in New Delhi and Goa for these higher education institutions. In Pune, the college is Kanhe near Mala Vali on the Mumbai-Pune highway, the land that the company already owns. In Goa, the country was scheduled for training, the minimum requirement is projected for 20-30 square metres.

The other two cities, where Mahindra Engineering College is located Jaipur, where M & M is a cosmopolitan city or could ask the State Government for agriculture. The fifth element could Chennai, where M & M’s World City. While the fifth university is certainly in the south, Vineet Nayar, Vice-President and General Manager, Tech Mahindra, “she said at the company which specifies city.

Mr. Nayar, the spearhead of the incursion, she said in interviews with institutional leaders, such as Carnegie Mellon, Georgia Tech and the University of London.

“We are not yet finished, we bind us,” he says, though, said that from Carnegie Mellon in May.

“We are in discussions with the leaders of the British and American universities. We could even bind with two,” said Mahindra. However, says Nayar, this would happen at a later date, when schools Higher are running, and they want to select and Specialised training Institute. “At the moment, we want the settlements. Thereafter, we can increasingly, “he said.

For $ 6 billion, the group focused on the engineering field, the introduction of technology in higher education is a part of its own needs. “It is clear convergence with our business and education, but also needs, which leads to the sustainability of social protection. There is a risk of confusion if companies begin the hope of doing something social welfare and mix with the economy, said Mahindra.

Higher education institutions could Mahindra Engineering from the University of road, but said Nayar, the details remain to be elaborated. “Ideally, we should go to university status, but also in Chandigarh, we can start with a tie University of Punjab,” he said.

However, it is not all Premium and High-End. The Mahindra Pride School, the first of which is located in Chinchwad, an industry on the outskirts of Pune, socio-economic objectives weaker sections, including a portion of the class X drop-outs.
Sheetal Mehta, the director of the initiative, as I said, is the next school in Jaipur, where negotiations with the Government for agriculture.

“We are investing Rs 2.5 Crore by the school, there are no fees, we give a free meal and a faculty full time. It’s like a B-School, it is only for students from the SC / ST categories. Our three months these courses to equip socially disadvantaged groups to enhance the employability of capabilities, “said Mehta. Therefore, the program includes basic care, language skills in English and hygiene.

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