We are going through some very interesting times for the Skills Area in our country. There is an increasing focus and recognition of the need to build a very strong foundation for developing skills as well as a better understanding of the gaps that exist currently. As we look to expand our own operations, we are also seeing an increasing awareness of the need for training our work forces much much better than in the past.

Our goal as Skills Academy is to build an institution that has the capability to train tens of thousands of people in all parts of our country specially those parts where jobs are hard to come by. And over time, while we will continue to work with a variety of Government programs, we will increase our focus on student paid training programs that allows us to build a sustainable institution, and increase our presence across new geographies.

We also want to build a company where our employees feel happy and energized at work. Although we are spread out across many centres and States, we will invest in training for our own employees and an operating framework that is common for our various centres – so that the quality of work is consistent. We have a lot to do in this area, but I hope you will feel that this can improve both the quality of our training and the ease with which we can expand.

We must also build great networks with employers. I know we already place thousands of people in good positions and we must expand this network so that Skills Academy does get known by our students for finding them better jobs and prospects than anyone else. On the Corporate side, we have some marquee clients and the pace of our revenue should also see growth over the next few months.

In the meantime, we are committed to build a sustainable brand and a great Skills business.

Pramod Bhasin – Chairman