India Inc's retail academy
Dr Sanjay Kumar Cardiac Cardiothoracic Heart Surgeon India

Fresh business plans of retail chains post the economic slowdown and dearth of talent in the sector have made retailers shift their strategy from hiring freshers to hiring trained staff.

Mumbai: In 2009, when Retailers Association of India (RAI) and Indira Gandhi National Open University jointly began a three- year bachelor's programme in retailing, the course saw 250 students enrolling.

Two years later, demand for the course has gone up by eight times with a batch size of 2,000 students and as many as 40 retailing companies including McDonald's, Future Group, Infinity Retail, Lifestyle and Shopper's Stop among others -- sponsoring courses for their staff.
Fresh business plans of retail chains post the economic slowdown and dearth of talent in the sector have made retailers shift their strategy from hiring freshers to hiring trained staff.
And creation of job-ready talent is the reason prompting entry of companies like--- Essar Group's Aegis Global Academy, Bharti Group's Centum Learning and Future Group's Future Innoversity -- launch their own courses in retailing.