NIIT, an IT learning solutions provider,  has entered into an agreement with Guian New Area in the Guizhou province of China, to train students from the province in Career Programs in Big Data. The agreement was signed by Prakash Menon, President, NIIT China and Chen Yan, Authorized representative from Guizhou Guian New District, in presence of Prime Minister of India Narendra Modi at the Business Forum organized on the occasion his visit to strengthen Sino-Indian trade ties. Also present on the occasion were leaders from the government, CEOs of Indian and Chinese companies as well as Chief Ministers of Gujarat and Maharashtra.

The agreement brings the MoU into effect with NIIT setting up a centre in Guian New Area to train 50,000 students in five years, to help realize China's vision to promote Guian as the national center for the Big Data industry. The entire project will be funded by the Government of China as Guian has been identified by the Government as the national center for the Big Data Industry.

Speaking on the occasion Prakash Menon, President, NIIT China, said, ''It is indeed a privilege to be invited by the Chinese Govt. to create a pool of Big Data professionals for its booming IT industry. Also, according to latest reports, China has the largest and fastest growing online population and it is an honour to develop professionals for the thriving internet space.''

''NIIT was the first Indian IT training company to establish presence in China in the late nineties with a vision to create a manpower pool, to empower the software industry in the country. We are committed to supporting China in its human capacity building initiative and it gives us great pleasure to join hands with Guian New Area to further open and accelerate new-age career opportunities like Big Data,'' added Menon.

Shares of the company declined Rs 0.05, or 0.13%, to trade at  Rs 37.90.  The total volume of shares traded  was  25,564 at the BSE (1.47 p.m., Monday).