HDFC to enter the field of Education

Updated on: Friday, August 24, 2012

HDFC's is planning to have two skill upgradation centres as part of its education foray in Hyderabad and Ahmedabad. These centres will train people for the financial services, back office and hospitality businesses.

The group has already announced its plans for a Kindergarten to class 10th (K-10) and Kindergarten to class 12th (K-12) institutions in Bangalore and Delhi respectively. While these two forays will be started from scratch beginning with land acquisition, the skill development centres will start work faster as they will be in rented premises.

Deepak Parekh, chairman, HDFC, said, "Just as in home loans the schools will be targeted at the middle-class. The schools we will build from scratch and it will be a three year process from the time of acquiring land".

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