26 Nov 2012

Is skill & vocational training a scalable and lucrative business in India today?

 Sanjeev Duggal, CEO & Director Centum Learning Limited recently addressed a session titled “Building  Vocational Training Businesses In India” at the recently concluded VC Circle Education Summit in New  Delhi. Addressing the panelists and delegates, Sanjeev mentioned that organizations entering the vocational education & skill building domain need to have a socio-economic motive and not just RoI motive to do business in this sector.
 “I would call this a patience capital model. It is a 10-year game if you invest in an education company. You can’t expect returns before 7 years. It is not a three-four year story,” remarked Sanjeev.

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