SKF INDIA’S SCHOLARSHIP PROGRAM FOR GIRLS LAUNCHED IN KARNATAKA
Bengaluru. SKF India today announced the launch of its Scholarship Program for Girls in Chamarajanagar and Chikkaballapura districts of Karnataka. This CSR initiative from SKF will provide financial assistance to 34 deserving girls from economically disadvantaged backgrounds to pursue professional education post class 10, which may not have been possible otherwise.
SKF Scholarship Program for girls was launched in 2017 in the Marathwada region of Maharashtra. In its first year itself, the program transformedlives of 40 meritorious girls who now have access to higher education and are working towards fulfilling their dreams. Till date, 80 girls have benefited from this scholarship program. This scholarship is now extended to the state of Karnataka, in the two regions which were selected based on an extensive need mapping exercise.
SKF Scholarship Program for girls covers partial educational expenses starting from class 11 and 12. For the extension of this scholarship through professional courses, the beneficiary girls need to reapply. Girls scoring more than 85% in 2019 class ten board examination, with a family income less than 1.5 Lakhs annually are eligible to apply for this scholarship. A multi-functional,unbiased, merit-based selection process awards scholarships to the deserving candidates. Besides the financial support, the SKF Scholarship Program also has in-built personality advancement, holistic development and career guidance components in the program.
Manish Bhatnagar, Managing Director, SKF India Ltd, said, “We are happy to extend our successful and effective SKF Scholarship Program for Girls to Karnataka. With four factories in the state, SKF is an integral part of the community. We look at creating a positive impact be it through the environmental programs like Mantapa lake or with this scholarship program. This program aims at giving deserving girls a chance of realizing their ambitions and aspirations. We are pleased to bring a change in the lives of these bright girls and will continue to connect with the community with our effective CSR initiatives”.
SKF India is supported by Prerana, an NGO and development facilitation agency, as its implementation partner for the program in Karnataka.
SKF’s mission is to be the undisputed leader in the bearing business. SKF offers solutions around the rotating shaft, including bearings, seals, lubrication, condition monitoring and maintenance services. SKF is represented in more than 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2018 were SEK 85 713 million and the number of employees was 44,428. http://www.skf.com
SKF Group started trading operations in India in Kolkata in 1923 and since then the Group’s operations have been consolidated into SKF India Limited. SKF India also has associate companies called SKF Technologies (India) Pvt. Ltd, Lincoln Helios India Ltd, providing Seals and Lubrication systems. The company has manufacturing plants in Pune, Bangalore, Mysore and Haridwar. The company also has a Global Technical Center in Bengaluru.
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