Indian information technology majors like Tata Consultancy Services, Infosys Technologies and Wipro could be running their own Indian Institutes of Information Technology very soon.According to a Nasscom official, infotech companies operating in India were in talks with industry body Nasscom for facilitating such institutes. Almost al the infotech companies are keen on investing in these institutes. Last week a detailed report was presented by Nassom to the Ministry of Human Resources Development (MHRD) to establish 20 new Indian Institutes of Information Technology (IIITs).Nasscom vice president Rajdeep Sahrawat told that, the institutes would run as self-sustaining organisations generating funds and appointing their own faculties and will invest 70 per cent of the funds the rest will be invested by the government mainly for lands.
Each Indian Institute of Information Technology will be autonomous, through the public-private partnership (PPP) model, offering under-graduate, post-graduate and doctoral research courses. Currently, there are six Indian Institutes of Information Technology.For infotech companies, this means lower training costs that can translate into more profits and more work coming their way. Som Mittal president of Nasscom said that main motive of the companies is to become a world-class academic institute. They need to attract the best faculty and students to achieve this. Further, this will serve the needs of the infotech sector in the country that employs 2 million people.