Infiniti retail limited (Croma) on boards Teamlease to offer first-of-its-kind degree apprenticeships to 500 youth

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Mumbai, 18th August 2022: India’s fastest growing degree apprenticeship program, TeamLease Degree Apprenticeship (TLDA), from the house of TeamLease Services, today announced their partnership with Croma, Infiniti Retail Limited. Through this association, the company will be executing degree apprenticeships, as per the New Education Policy 2020, to equip candidates with both domain competencies and behavioral skill sets, as per the industry’s requirements.

Under this alliance, TeamLease will offer degree-linked apprentice program that will enable students to undergo work integrated program to continually build new skills and receive additional credits whilst they earn a stipend. The degree apprenticeship program has been curated in accordance with the guidelines of the New Education Policy, and will provide candidates with a combination of academic and work-based learning.

Commenting on the partnership, Mr Dhriti Prasanna Mahanta, Business Head, TeamLease Degree Apprenticeship, said, “The Tata Group has been trail-blazer in adopting innovative human resources practices ahead of times. Hence it is no surprise to witness Croma, Infiniti Retail Limited (Tata Group Subsidiary) partner with TeamLease to implement Degree Apprenticeship, which is not only unique to India but to the world, to build a sustainable & productive talent supply chain. In the past few years, apprenticeship programs have not only helped organizations build a pipeline of skilled talent but have also acted as a catalyst to address the employability gap that the industry faces and now with Degree Apprenticeship one can fulfill India’s goal of higher productivity and improved per capita income. We believe that such partnerships will augment the industry- academia partnership and the adoption of apprenticeship embedded degrees in the country, as more candidates and employers experience the value that apprenticeships deliver.”

Mr. Joe Chacko, CHRO, Croma, Infiniti Retail Limited, said, “We are delighted to associate with Teamlease Degree Apprenticeship (TLDA) and their partnered Universities, to bring in the industry-academia partnership for degree-linked apprenticeship programs. We are certain that this partnership will play a vital role in fostering talent for the retail industry and, more specifically, in giving candidates the chance to enhance their skills.”

The three year BBA Retail embedded apprenticeship is open to 12th graduates and Diploma pass out students.