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Schaeffler India signs MoU with TISS to impart skills training to youth for employability

26 Sep 2020 Evaluate

Schaeffler India has signed a Memorandum of Understanding (MoU) with the Tata Institute of Social Sciences (TISS) to implement a National University Student’s Skill Development (NUSSD) - recognized project, aimed at providing skills training to 350 graduating students from Vadodara. The objective behind this program, which is fully funded by Schaeffler India, is to provide skill training to graduating college students to enable them to better understand and enhance their job-related skills.

The initiative covers training in eight diploma courses - Banking & Financial Markets, Export & Import Management, Hospital Management Services, Entrepreneurship, Digital Marketing, Travel and Tourism, Pharmaceutical Sales Management and Retail Management. 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. The curriculum aims to empower 300 students through wage employment and remaining 50 students through Startup Community / Entrepreneurship Development.

Schaeffler India has its presence in automotive and across all core industrial segments.

Peers
Company Name CMP
Schaeffler India 4026.40
Timken India 3263.80
SKF India 1540.30
NRB Bearings 528.90
Menon Bearings 295.20
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