Genpact and NIIT Ltd announced their new joint venture, NIIT Institute of Process Excellence that will provide training programmes to skilled workers in the business and technology services industry.
NIIT will be 75% stakeholder in the JV and the companies are jointly planning to invest Rs 25 crore in the first year of operations. Genpact and NIIT expect the new institute to have over 250 learning centers by 2012. Genpact will provide most of the content for the training programmes with other partners. Read in detail here.