$45 M investment for Indian education in Sydney’s west

NSW Minister for Education Verity Firth, Nitish Jain and Premier Kristina Keneally

A leading Indian education provider will invest $45 million to set up a new education campus in western Sydney creating 150 jobs. The NSW campus will be established by S P Jain Center of Management and will take its first students in 2012.

The new campus is the first investment in education in NSW by an education provider from India.   It is expected 50 full-time jobs and 100 part-time jobs will be created over the next five years.

S P Jain, an education provider specialising in Master of Business Administration (MBA) programs, set up its first campus in Mumbai, India in 1981. The school has been ranked among the top 10 business schools in India for its MBA programs.

Premier Kristina Keneally and Minister for Education, Verity Firth, joined S P Jain’s President, Mr Nitish Jain, to welcome the investment in a new global campus in Sydney.

Mr Jain was in Sydney for Forbes Global CEO Conference, which brought together more than 400 of the world’s most influential business leaders.

“Setting up a campus in Sydney fits well with our plans to consolidate our Asia Pacific

presence ”“ the hotbed of growth,” Mr Jain said, adding, “Our students are rotated through our campuses to be exposed to different business environments and, importantly, to understand and appreciate diversity and open their minds to a global view.”

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