23 June 2011

:: NIIT Ltd. has launched its first NIIT One World centre in Coimbatore.

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NIIT unveils the first NIIT One World centre in Coimbatore
NIIT Ltd. has launched its first NIIT One World centre in Coimbatore. NIIT One World is the
first-of-its-kind training institute that will serve as a one-stop destination for providing
quality training to students and professionals across multiple domains, such as information
technology including ERP systems, banking and finance, management and BPO. The One
World centre at Coimbatore is the first of the many centres that NIIT will establish in the
coming years. The company will spend about `15cr–16cr on its expansion drive during the
next 12–15 months.
NIIT One World centres will be equipped with state-of-the-art advanced labs and
infrastructure that would enable hands-on practice, collaborative learning and
comprehensive job-readiness with a superior student experience. We maintain our Buy
recommendation on the stock with a target price of `68.

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