Source: Mint via PwC – EdLive
In a bid to diversify, InterGlobe Enterprises Ltd, which runs budget carrier IndiGo, plans to launch a university with a Canadian partner. The 1.09 billion USD Company, which also sells business jets, operates hotels, runs an airline distribution system, and supplies travel software, will launch a university in Delhi in collaboration with the Ontario-based University of Waterloo. The university will be located on a 100-acre campus for which land has already been acquired along the Dwarka expressway in south Delhi, close to the Indira Gandhi International Airport. It will follow the Waterloo model of work- integrated studies in which students attend a university programme for one term of three to four months and acquire paid practical experience by putting in one term with an employer.
The university, a name is yet to be decided is expected to open for students by 2016, offering programmers in engineering and technology.