Aptech enters into a Joint Venture (JV) with New Life Group Inc, a Philippines-based company, to expand its retail presence in the country. The JV in favor of New life Group Inc and Aptech will be shared in the ratio of 60:40. The CEO and MD of Aptech Ninad Karpe said that with the joint venture Aptech will be able to carry its brand and expertise to Phillipines and address the retail market with ACCP and other related ICT courses. IT education in Philippines is evolving rapidly and value-added services such as technical support and product troubleshooting along with basic IT and hardware consulting are on the rise.
Aptech programmes will aim to deliver the best benefit to students in terms of enhanced employability options upon their completion. The Phillipine IT market is expected to show good performance in years to come wiyh projected increase in spending from $2.4 billion to $ 3.6 billion. The JV will also serve to expand the scope of the retail and training brands of Aptech, namely Aptech Computer Education, Arena Multimedia, Avalon Academy, English Express and N-Power across Cambodia, Philippines and Laos.