Schaeffler India Signs MoU to Make Youth Employable

Pune, India – Schaeffler India, a leading industrial and automotive supplier, has signed a Memorandum of Understanding (MOU) with Tata Institute of Social Sciences (TISS) to impart skills training to 350 youth for employability. The curriculum aims to empower 300 students through wage employment and the remaining 50 students through Startup Community / Entrepreneurship Development, all from underprivileged backgrounds from three colleges in Vadodara.

It is in line with the UN-acknowledged National University Student’s Skill Development (NUSSD) program, a flagship initiative by TISS launched in 2013. The program was virtually launched by Harsha Kadam, CEO, Schaeffler India, Santanu Ghoshal, VP HR & Head CSR, Schaeffler India, in presence of Tanmay Nayak, Director, NUSSD, TISS and attended by more than 300 university students from Vadodara. TISS has been designated as the program implementation partner for Schaeffler India in Vadodara and the latter to fund the program at a cost of approximately Rs. 40 lakh per annum.

Selected students will receive classroom training for around 4-6 months at the Schaeffler HOPE NUSSD Training Centres established in three colleges in Vadodara and thereafter will be sent to relevant industries for internships or on-the-job-training for 40 days.

“It is often noticed that graduates continue to be weak in vocational and applied skills even after they acquire degrees. We have been deeply invested in creating opportunities for the youth which will help them secure gainful and skilled employment now and in the future. Our collaboration with TISS is another powerful step in this direction, enabling students to gain relevant and sustainable employment skills,” explained Ghoshal, speaking about the programme.

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