L&T Breaks Into the Online Learning Space and Launches L&T EduTech
Seeking to capitalize on the online education revolution in the country, Infrastructure Major Larsen & Toubro (L&T) announced the launch of its L&T Edu Tech e-learning platform.
“The platform is a new practice-oriented, application-based, industry-led hybrid e-learning platform to help create industry-ready talent,” L&T said in a statement. record Friday.
India is home to five ed-tech unicorns, including Byju’s, Unacademy, UpGrad, as global investors step up their bets on the country’s startup ecosystem.
According to the KPMG Report on Online Education in India: 2021, the industry could be worth $ 1.96 billion.
“We are living in a time of accelerated change, with the need not only to learn new things, but also to seek new and better ways of imparting learning and I have no doubts that L&T EduTech will fulfill this role by empowering young men. and women of the country to meet the challenges of the future ”, declared AM Naik, president of the Larsen & Toubro group.
L&T EduTech aims to perpetuate L&T activities and to bridge the gap that exists today between the skills of young engineers and the expectations of the industry.
The company said the e-learning platform will channel the pool of L&T knowledge and expertise gained from executing some of the most complex and demanding projects over decades to empower students and professionals with real professional skills to improve their employability.
“We have a strong demographic dividend, but to translate this potential into performance, it is imperative that we impart relevant skills to our young people, make them more productive and better equipped to contribute to India’s growth,” added Naik , describing the task before the new business.
What does the platform offer?
L&T EduTech offers three verticals of College Connect, Professional and Vocational Skills, underpinned by robust assessment and certification processes.
While College Connect will provide students with hands-on, application-based learning, Professional Skilling will enable aspiring professionals to accelerate their careers in their fields, L&T said.
Professional skills involve skills certification programs designed by industry experts for better employability.
“A rigorous process of learning, competency, assessment, certification and engagement, as well as a faculty of subject matter experts from industry, academia and L&T are poised to add a new dimension to platform-based hybrid learning and skills. »The infra major added.
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