The Campus was started in collaboration with local retail institute Great India, will be followed by a second branch likely to be opened soon at Layassa, near Mumbai. Mike Wallace, CEO of Australian Retail College says "FDI in retail underpins the need for Indian retailers to focus on their people. The courses covers a range of subject areas in retail management including packaging, strategic training and merchandising. The faculty will be local but we will come from Australia to develop their capacity. Our Australian programmes will be customized for the local market".
In fact, the retail boom and anticipation of the sector opening up to FDI had already promoted several Indian business schools to launch either full time or part time retail management programmes and many of them are now planning to start new executive management courses or management development programmes in order to meet the increasing demand for specific skill-oriented programmes.
Atish Chattopadhyay, professor of marketing and deputy director of the two-year PGDM Programme at SP Jain Institute of Management and Research says "The demand for specialized courses or development programmes in the area of ‘Retail Management Practices' will be generated both by the retailer and also manufacturers and supplier brands doing business with retailers as they will need to enhance their understanding of retailer".
The Director of JBIMS Kavita Kaghate adds that "With the opening up of FDI in retail, we will incorportate a more skill-focused programme, thereby readying a talent pool that fits the requirements of the retail industry".
Hovever, the institute plans to focus on short term Management development programmes-skill enhancement of the existing management core.