Siemens India grants scholarships to engineering students

Summary

February 25, 2014 - Siemens India announced its Siemens Scholarship Program. As part of the first batch of the Program, 20 students were provided scholarships covering tuition and stationary expenses for the first year of their graduation course. Additionally, training, projects and mentorship provided by Siemens would acquaint the students with the dynamics of the industry, thereby leading to their holistic development. In the first phase, Siemens reached out to all government engineering colleges of Gujarat, Maharashtra and Goa. Sunil Mathur, Chief Executive Officer, Siemens India, said, “Skills and knowledge are the driving forces of economic growth and social development for any country. However, in India, the limited availability of skilled workforce has been creating a roadblock in the adoption of newer technologies. As a responsible Corporate Citizen, Siemens India en-deavors to support and promote technical education, leveraging its core competencies such as innovative technologies and know-how so as to produce ‘industry-ready’ techni-cians and engineers.” The scholarships are aimed at supporting deserving candidates to pursue their education and launch a sustainable career in engineering, R&D or manufacturing. These students will be supported with a scholarship program throughout the four years of graduation. The organization is conscious of its responsibilities as a corporate toward all its key stakeholders: society, employees, customers and environment. As a good corporate citi-zen, Siemens aims to build sustainable communities by leveraging its competencies and solutions. Siemens India’s Corporate Citizenship strategy has been firmly anchored with corporate values of Responsible, Excellent and Innovative. It focuses on three main areas: Social, Education and Science, and Environment. Siemens Ltd., in which Siemens AG holds 75% of the capital, is the flagship listed company of Siemens AG in India. Siemens in India including Siemens Ltd. comprises 13 legal entities (as of December 2013), is a leading powerhouse in electronics and electrical engineering with a business volume aggregating about Rs. 12,000 crore. It operates in the core business areas of Industry, Infrastructure & Cities, Energy and Healthcare. It has a nation-wide sales and service network, 23 manufacturing plants and employs about 18,000 people.