India's largest online marketplace IndiaMART and A P J Abdul Kalam Technical University (AKTU) has announced signing of a Memorandum of Understanding (MoU) to promote skill development and equal employment opportunities to the affiliated colleges of the University.
A one of its kind association, the university is collaborating with a corporate to provide employment opportunities to its cluster of colleges by organizing pool-campus placement drives.
More than four lakh students will be benefited from this MoU as IndiaMART will provide industry trainings and job opportunities to the students of various under-graduate and post-graduate courses like B.Tech, M.Tech, MBA, MCA which are affiliated to the University.
"In the past four years, IndiaMART has hired over 700 professionals from AKTU. These professionals have shown immense talent in various roles like product management, technology and sales. We are excited about this association," said Founder and Chief Executive Officer of IndiaMART, Dinesh Agarwal.
"We will also provide relevant training to the students, especially in the Digital space. I believe that industry should reach out to the educational institutions to fill the skill gap by providing them with a holistic and job-centric learning environment. Our efforts will be directed towards boosting employability and industry-readiness of these students by preparing them for the hiring needs of corporates," added Dinesh Agarwal.
"This is a path-breaking association for AKTU as we will be able to provide equal employment opportunities to our affiliated colleges. The students will gain a lot from the expertise of IndiaMART in the digital space and the industry training that they will offer," said Vice Chancellor of AKTU, Vinay Kumar Pathak.
IndiaMART seeks to hire management and technology graduates from the University. The company had said earlier that it is planning to expand its team in the financial year 2016-17 to expedite growth and customer acquisition. This MoU will create a room for career growth of the students.