Talent building key challenge for India firms

Your Education is Our World

Come June every year, and Infosys Technologies, India’s second-biggest software services exporter, turns trainer for the nearly 30,000 students it recruits from top engineering colleges every year.

Its training campus in Mysore, a two-hour drive from its sprawling headquarters in Bangalore, can house about 15,000 people. New recruits spend up to six months honing their skills as Infosys attempts to fill the gaps left by inadequate college education.

Goldman Sachs counts the lack of quality education as one of the 10 factors holding India back from rapid economic growth. Analysts say it raises costs, including salaries as firms vie for the best IT recruits, and reduces firms’ competitive edge.

“Ideally, education should happen in colleges, it should not be happening on company campuses,” said Srikantan Moorthy, head of education and research at Infosys, whose Campus Connect program in 430 colleges is aimed at “industry ready” recruits.

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