Lavasa & NSHM to set up first retail university in Pune

13 Sep '08

2 min read

Lavasa Corporation in collaboration with the National School of Hospitality Management (NSHM) Knowledge Campus, Kolkata, has plans to develop India's first university focusing on retail training. This move has come about as an endeavor to provide the retail sector with its much needed trained professionals.

The university will take grounds in the country's first planned hill station in Pune, also being developed by Lavasa which is a part of Hindustan Construction Company.

Academic session of the university is scheduled to commence from 2010 and will admit around 1,600 students every year in both graduate and post graduate courses. Duration for each of the courses on offer would span from 12 to 24 months.

While talking to media persons, Mr Rajgopal Nogja, President, Lavasa Corporation said, “The NSHM Knowledge Campus is expected to become a deemed university by 2010 under the UGC Act and we will affiliate it with various other universities of US and UK depending on the courses we offer. We are expecting international students to register as well.”

Expounding on the plethora of employment opportunities that the retail sector has in store, Mr Cecil Antony, Chief Mentor of NSHM cited a media report saying, “India's retail sector has emerged as the fifth largest investment destination in the world. It has witnessed a growth of 25-28 per cent in 2007, and the entire retail industry is estimated to grow up to around US $365 billion in 2008 and around $440 billion by 2010, which will generate an employment outlook of 30 per cent in 2008.”

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