Business NewsBajaj Auto Foundation commitsRs 400 cr to empower women engi...

Bajaj Auto Foundation commitsRs 400 cr to empower women engineers

MUMBAI, JUN 11 (PTI): Bajaj Auto’s CSR arm Bajaj Auto Foundation on Thursday announced it is committing Rs 400 crore over the next decade to empower women engineers, and unveiled its unified vision towards skilling and empowerment.
The initiative will be implemented through the Rupa Rahul Bajaj Scholarship for Women in Engineering (RRBSWE), it said.
The announcement was made at an event held at the company’s headquarters in Pune in the presence of Kiran Mazumdar-Shaw, Chairperson and Founder of Biocon Limited, and Rajiv Bajaj, Managing Director of Bajaj Auto Ltd.
It also formally unveiled the scholarship identity and felicitated the inaugural cohort of 506 meritorious young scholars from 40 reputed engineering institutions, considered to be the country’s largest scholarship programme for women in core engineering.
The scholarship has been conceived for meritorious young women pursuing core engineering disciplines, including mechanical, electronics, industrial instrumentation, mechatronics, robotics engineering and allied fields.
Under the programme, scholars will receive financial support of up to Rs 8 lakh across the course of their engineering education at 40 leading engineering institutions, including IITs, NITs, IIITs, and reputed state and private universities, the foundation said.
The event also saw the unveiling of Bajaj Auto Foundation’s unified vision towards skilling and empowerment. Beyond financial assistance, the scholarship is designed to nurture the next generation of women leaders in engineering, the foundation said.
The scholarship programme seeks to address the persistent underrepresentation of women in core engineering and manufacturing sectors at a time when advanced manufacturing, deep technology, and industrial innovation are becoming increasingly critical to India’s economic growth and global competitiveness, it said.

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