New Delhi, India, August 22, 2007: Rolta India, a Mumbai-based IT company, is setting up an academy to train people in engineering and geospatial information systems (GIS). The company, providing IT-based GIS, engineering design automation (EDA) solutions and eSecurity services, will set up the academy with an initial cost of Rs 40-50 crore.
The academy will have four batches in a year comprising 250 executives each. The course will be for a duration of three months and also give job guarantee. Students will have to pay a sum of Rs 2.5 lakh for the course. To facilitate the funding, Rolta has already tied up with a few banks, which will give 100 per cent education loan.