Samsung has signed a memorandum of understanding with the Ministry of Micro, Small and Medium Enterprises (MSME) to establish two additional technical schools in the country. It has also renewed the existing partnership for 10 schools that are being run across the country. This partnership is part of the country's Skill India program which seeks to create an industry-ready workforce with industry-oriented skills.
The MoU between Samsung and MSME states that the company is going to open two new MSME-Samsung Technical Schools in Bengaluru and Jamshedpur, India. “Samsung has been a valuable partner in our quest to create a vast pool of talent,” said Kalraj Mishra, Union Minister for MSME.
The company has also announced the MSME-Samsung Technical School Scholarship program for girls and differently-abled trainees. A Meritorious Reward Programme for high achievers at these institutes has been announced as well.
Under the scholarship program, 1,000 girls and differently-abled trainees who successfully complete the basic course will receive a scholarship of up to Rs. 20,000 ($309).
“Samsung is proud to help impart technical skills to youth of this country. Our collaboration with the Ministry of MSME has enabled us to tap the potential of youth and make them job-ready with the help of the Samsung Technical School initiative,” said H.C. Hong, President and CEO of Samsung Southwest Asia.
