Manipal Education to set up campus in Sri Lanka

14 November 2011: The Manipal Education is looking at expanding its corporate education and training portfolio beyond banking to newer sectors like healthcare, construction, transportation, media and entertainment amid plans to widen its international presence with a university campus in Sri Lanka.

The company whose investors include IT czars Narayana Murthy and Azim Premji, expects its revenue from corporate training and education to contribute a fourth of overall revenue in the next four to five years from 15% at present. For Manipal Education, 60% of its revenue comes from outside India, while 40% is generated within the country.

Source: Indian Express