Sebi's 70-acre training campus near Mumbai to be ready by Dec
Market regulator Sebi is setting up a plush campus on a 70-acre piece of land near Mumbai, capable of housing over 5,000 people, to train students and financial intermediaries in market mechanics, laws and rules. The Rs 325-crore project will train people across the market spectrum, from freshers up to the level of company directors.
Once completed in December, it will be the largest such education and training campus by any regulator globally. The institute will not only aid trained manpower needs of the capital market in India, but also several other countries in Saarc and Asean regions.
The campus, coming up at Patalganga in Raigad district, about 80km from Mumbai, is being developed by the National Institute for Securities Markets (NISM), Sebi's academic and training arm. Designed by Hiten Sethi, a well-known architect who also designed the Navi Mumbai Municipal Corporatation headquarter, a gold rated LEED India signature structure, the NISM facility will be a certified green campus. It has already obtained pre-certification from GRIHA, with support from the Union ministry of new and renewable energy, for 4-star rating.