Capitalizing on the online education revolution in the country, infrastructure major Larsen & Toubro (L&T) has announced the launch of its e-learning platform L&T Edu Tech.
“The platform is a new industry-based, application-based, practical-oriented hybrid online learning platform to help create industry-ready talent,” L&T said in a filing on Friday.
India has five ed-tech unicorns including Byju’s, Unacademy, Upgrade, as global investors increase their bets on the country’s startup ecosystem.
According to KPMG’s Online Education in India: 2021 report, the industry could be worth $1.96 billion.
“We are living in an era of rapid change, there is a need to not only learn new things but also to find out new and better ways to transmit the learning and I am confident that L&T Edutech will enable the young men and women of the country Will fulfill this role to meet the challenges of the future,” said AM Naik, Group Chairman, Larsen & Toubro.
L&T Edutech aims to secure the future of L&T’s businesses and bridge the gap between the potential of young engineers and the expectations of the industry.
The company said the e-learning platform will channelize L&T’s wealth of knowledge and expertise, which has executed some of the most complex and demanding projects over the decades to provide both students and professionals with real-world professional skills to enhance their employability. to be empowered.
Describing the first act, Naik said, “We have a strong demographic dividend, but to convert that potential into performance, it is imperative that we impart relevant skills to our youth, make them more productive and help India’s growth.” Be better equipped to contribute to the story.” new business.
What does the platform offer?
L&T Edutech offers three verticals of college connect, professional and vocational skilling based on robust assessment and certification processes.
L&T said that while College Connect will empower students with practical and application-based learning, professional skilling will enable aspiring professionals to fast-track careers in their domain.
Vocational Skilling includes skill certification programs designed by industry experts for better employability.
“A rigorous process of learning, assessing, certifying and engaging skills, and a faculty of subject matter experts from industry, academia and L&T is set to add a new dimension to platform-based, hybrid learning and skilling ” Infra Major added.
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