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They now have a diverse service offering, are no longer reliant on secondary
education, and offering many disciplines other than commerce.
education (higher secondary) as they seek to expand and make gradual progress
in under graduation and graduation programs. For the reason they retained a
steady market share and performed admirably in this setting, It seems that they
do not see the need for or have a plan for establishing their own colleges for
higher secondary education in order to enroll their own students in graduation
and post-graduate programs at their own universities.
UMT is a project of the ILM trust, which was established in 1990. The Institute
of Management and Technology (IMT) received its degree-granting charter in
2002, and IMT became UMT in 2004. UMT establishes ILM institutes/colleges,
which deliver undergraduate and graduate programs. We can see a prospector in
it as well, as they are the first organization to provide a teacher education degree
program in the private sector. They kept their current market shares and
afterwards identified market opportunity and demand before launching ILM
Colleges, a new higher secondary education initiative. In 2008, they began
providing higher secondary education under the name ILM Colleges. They may
have started somewhat late than the Punjab Group of Colleges, but they are still
flourishing in the industry.