As per the latest development in India on FDI, the multi brand stores have 51% allowance by the Indian government. Now major global management institutes available in India have equipped themselves with retail and shop floor supervision courses. This is an initiative to prepare their manpower now.
The Retail College of Australia is well known for the long term specialized training, development programs for Australia retailers. They recently introduced the first postgraduate retail management program in Hyderabad.
There is the campus that is started in alliance with the retail Institute from the domestic Great India and the second branch is expected near Mumbai, (Lavassa).
Indian retailers are now focusing on their manpower with the retail FDI advent. There are many courses available by the Australian Retail School. Retail management in packaging, merchandising, strategic training are few subjects offered. The college officials will keep coming to India for training the local faculty members. The Australian training material can be tailored seeing the local market demand.
Bocconi University sources have revealed that foreign technology is required in India. Foreign education will expand in India after the FDI entry. The Indian institutes too are gearing up for high quality global education and preparing global managers.