PRESS RELEASE

German Firm TÜV Rheinland Signs A Business Transfer Agreement With Kochi Based NIFE

Wednesday, February 12, 2014:

German based TÜV Rheinland, a worldwide leader in Testing, Training, Inspection, Consulting and Certification, announced the expansion of its ‘Training and Consulting’ division in India. It has signed a business transfer agreement with Kochi based NIFE, a premier vocational training institute. The ‘Training and Consulting’ division of TÜV Rheinland India, is one of the 5 business streams of the company in India, the other being Industrial Services, Products, Mobility and Systems.

The new company, named TÜV Rheinland NIFE Academy Pvt Ltd, will provide industry-leading vocational training courses that are highly valued across industries and will continue business as usual with the same management team in place. TÜV Rheinland India will provide continuous support to help both companies leverage new and exciting opportunities.

NIFE established in 1992 is one of the premier institutes in the country offering diploma courses in the field of Fire & Safety, Lift technology and Fiber Optics that are highly lucrative helping secure a great future for the aspiring candidate. The institute has today turned into a prime centre of vocational learning, that operates 40 direct training centers and 28 franchise centers as well as 3 information centers covering 65 cities in 7 states of India with about 450 employees.

Mr Enrico Ruhle, Managing Director, TÜV Rheinland India, said “The Training and Consulting division offers services and support to industry and educational institutions in professional, vocational and industry-relevant training. Our training courses are specially designed to suit the client’s needs and customized for bridging the knowledge gap. We are deeply committed to introduce various concepts in educational sectors and industry in order to promote the Quality practices, enhance efficiency and improve productivity.”

Said Mr M Bhaskar, Director, TÜV Rheinland India: “India has set a target of skilling 500 million people by 2022. As per 12th Five Year Plan, the current training capacity in the country is 4.3 million. The Indian training market has major potential since it does not have a formal training system for tradespersons, technicians or skilled workers like the vocational training system in Germany. TÜV Rheinland NIFE Academy’s primary target group is young people between the ages of 17 and 24, and it offers an extremely wide range of courses ranging from seminars lasting several days to university degrees.”

“We have been associated with many educational institutions and over 350 companies across India for providing services on Technical, Non-technical and Management Oriented training and undertaking strategic consultancy and turn key projects. The agreement with NIFE will also help us to dramatically increase our regional footprint and help to expand the Training& Consulting portfolio. The new business will also give us new and increased visibility across India for all our Business Streams.” added Mr Enrico Ruhle.

Mr. Ajay Menon, Director, TUV Rheinland NIFE commented: “NIFE is a pioneer and brand leader in India in certain specific areas of vocational training like fire safety, Lift technology and fibre optic technology. With over 22 years of experience, it has gained huge credentials in vocational training in these fields in India and abroad. Thousands of our passed out students are currently working in India and abroad.”

“In fact the entire Management team of NIFE with all its staff and students is highly excited in becoming a part of TÜV Rheinland with around 13,621 crore of turnover and 17000 employees working across the world. With the formation of the new company and with active participation of TÜV Rheinland our students stand to gain a lot in the area of worth and validity of certification. As you are aware TÜV Rheinland is one of the leading certifying authorities of the world, having certified some of the major brands, projects and Institutions across the world. In India some of the key metro projects are certified by TÜV Rheinland. The client list also includes major players in IT, Electronics, Electrical and Automobile Industry. The versatile clientele along with authority and power of certification is what would accrue to our students through the TÜV Rheinland – NIFE Academy Pvt. Ltd. platform.” added Mr M.V. Thomas.

NSDC Approved TUV Rheinland NIFE Academy

National Skill Development Corporation set up by ministry of finance of central government is today the best forum in India in fostering skill development programs. India is on the verge of a giant leap, and is slowly but steadily emerging as the numero uno in economic growth. At this juncture NSDC has a huge relevance and responsibility in shaping up the skilled manpower required for spearheading the economy. Though set up by the Central Government, NSDC operates on a PPP model enticing wider private sector participation into its activities. NSDC fosters skill development institutes by either funding them or approving their courses, so that such institutes can carry NSDC’s name and logo on their certificates. Further through the Sector Skill Councils of NSDC, they shape up the syllabus, examination system and placement facilities of the approved Institutes.

TUV Rheinland NIFE Academy (P) Ltd , is today a 23 year old vocational training institute , owned by the TUV Rheinland group from Germany .TUV Rheinland is a 142 year old company , operational in 65 countries across the world, employing around 18000 people and providing services in such areas like testing , auditing , consulting and industrial services . TUV Rheinland NIFE Academy head quartered at Kochi has branches all over India, providing skill oriented courses like Fire and Safety, Lift Technology, Fiber Optics, Inventory & Stores .TUV Rheinland NIFE is an absolute pioneer in these areas, having developed these courses and also in having placed thousands of its students in India and abroad. Today TUV Rheinland NIFE Academy is approved by NSDC. With this approval, our students become entitled for the following facilities.

1.Would get a Skill Certificate endorsed by NSDC

2.Become eligible for bank loan facility

3.Would get easy attestation of their certificates at Embassies

4.Would now facilitate easy & better placements

Corporate office

TUV Rheinland NIFE Academy Pvt Ltd.

32/1484C Chirakkekaran Tower,Kochappally Road

Near Bypass Junction,Palarivattom, Cochin - 25

Kerala, South India

Email: info@nife.tuv.net

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