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Schaeffler India Announces new Initiative to Support Less-privileged Students

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Schaeffler India Announces new Initiative to Support Education of Less-privileged Students
– Schaeffler Technical Enhancement Program (STEP), an initiative under HOPE – Schaeffler India’s flagship CSR program

New Delhi/Pune, April 03, 2018 – Schaeffler India, a leading industrial and automotive supplier, announced vocational skill development training course to promising youth belonging to economically disadvantaged backgrounds. The program called STEP – Schaeffler Technical Enhancement Program will be run under the CSR umbrella HOPE. The training courses will be offered in association with Rasquinha Don Bosco Technical Institute at Chakan who are the implementation partners for the program.

STEP will empower students with technical skills with a focus on making them employable and self-reliant. Schaeffler has set up the skill training center with state-of-the-art pneumatic, hydraulic and simulation machines to offer students courses in CNC Machine programing. Till date, 26 students from the adjoining areas of Chakan have been enrolled for the 6 months course. Students are recommended and screened by recognized social workers from Don Bosco to ascertain the family background of the student.

At a ceremony held at the Don Bosco premises in Chakan, the center was inaugurated by senior executives from Schaeffler India – Mr. Rakesh Jinsi, Director, Scaheffler India Limited Board; Mr. Dharmesh Arora, CEO – Scaheffler India; Mr. Santanu Ghoshal, VP Human Resource- Scaheffler India and representatives from Rasquinha Don Bosco Training center.

Commenting on the initiative, Mr. Santanu Ghoshal, VP and Head-HR, Schaeffler India said, “As a company, Schaeffler strongly believes in inclusive growth. In alignment with Skill India vision, we are committed to equal access to learning and work opportunity for all sections of the society. Skill development offers the youth a foundation to achieve their potential and every individual deserves a chance to improve their lives by earning a decent livelihood. STEP is our way to empower the next generation and reinforce our commitment for community wellbeing and social responsibility.”

Students will be provided certificates under NSDC (National Skill Development Corporation) after successful completion of the training course and placement assistance.  The candidates will get vocational training as recommended by the Modular Employable Skills by the Ministry of Skill Development. Along with courses on CNC programming, the curriculum will also provide communication and soft skills training to support the candidates through interview preparation and process and final placements.

About HOPE
Schaeffler India as a part of its CSR program has consolidated its activities and focus exclusively on a few core areas which will make a meaningful impact on the community and make a difference. HOPE is Schaeffler India’s umbrella initiative encompassing the values, vision and mission of the organization. Through this initiative Schaeffler India strives to contribute, to the motto \’सर्वेभवन्तुसुखिनः\’ (May everyone be happy. It is derived from the four core areas of focus – Healthcare, Occupational skill, Preservation of national heritage art & culture and Empowerment of society. Under HOPE, Schaeffler India runs a number of initiatives for the four focus areas. 

About Schaeffler India
Schaeffler, with four plants and 19 sales offices has significant presence in India. Schaeffler’s three major product brands – FAG, INA and LUK – are well represented in India. Schaeffler has been present in India for over 50 years. The manufacturing plant in Vadodara, Gujarat was set up in 1964 and produces a vast range of ball bearings, cylindrical roller bearings, and spherical roller bearing and wheel bearings and sold under the brand name of FAG. The second plant in Vadodara at Savli produces next generation deep groove ball bearings and large size roller bearings also sold under the name of FAG. Schaeffler’s third state-of-the-art plant is located at Talegaon near Pune, and manufactures engine and transmission components for front accessory drive systems, chain drive systems, valve train, shift systems and a range of needle roller bearings and elements, under the brand INA. The fourth manufacturing location is based out of Hosur, that manufactures clutch systems and dual mass flywheels for passenger cars, light commercial vehicles, heavy commercial vehicles and tractors and the products are sold under the brand of LuK. In addition to this, Schaeffler also has dedicated engineering and research and development support based in India to augment the product teams and among the largest aftermarket networks serving the industrial and automotive markets. Schaeffler India employs about 3000 employees across the 3 legal entities, with consolidated revenues of INR 4020 crores in 2017.
About Schaeffler Group
The Schaeffler Group is a global automotive and industrial supplier. Top quality, outstanding technology and exceptionally innovative spirit form the basis for the continued success of the company. By delivering high precision components and systems in engine, transmission, and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications, the Schaeffler Group is already shaping “Mobility for tomorrow”. The technology company generated sales of approximately EUR 14.0 billion in 2017. With around 86,600 employees, Schaeffler is one of the world’s largest family-controlled companies and, with approximately 170 locations in over 50 countries, has a worldwide network of

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