hi there,
I appreciate that you have concerns about the fees of NIFT being So high and its increasing at an exponential rate each year.
I was just like you, cursing the college authorities for the fees, material costs and various charges. But after graduation, working in a corporate fashion house, i realized that it was not that expensive and to explain this to you i have few points, they are as under,
- The machines and maintenance of these State-of-the art facilities are very costly and each department uses various machines for the execution of design projects. once you are in on of the campuses try to calculate the estimate market value fot each lab. On my calculation each lab needs 35 lakh of initial investment and 10k yearly maintenance that includes electricity and servicing and unfortunate breakdowns.
- Resource Centre : As a bookworm i am proud of the NIFT resource centre. They were true to their name, Resourceful! Full of expensive and exclusive books that will cost us a fortune. magazines of all kind, recreational novels, Journals, annual reports, trend books and web resource domains. If you calculate roughly the entire resource center is supposedly worth of 2.5 Cr. annual subscriptions of around 50 lakh. if this fact is startling you the just try to search for the subscription prices for WGSN,