Mahindra to open skills training school in Srinagar
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Diversified conglomerate Mahindra & Mahindra today said it will start its fifth Mahindra Pride School (MPS) in Srinagar as part of its strategy to train and create a pool of one million employable youth by 2022.
"The Mahindra Group is setting up its fifth Mahindra Pride School (MPS) in Srinagar by October 8... MPS Srinagar will commence its first batch with the specific objective of helping the youth of Jammu and Kashmir channelise their energies productively," Mahindra & Mahindra (M&M) said in a statement.
The other MPS are located in Pune, Patna and Chandigarh, graduating 600 students annually each, besides 800 students from Chennai, it added.
Earlier, Mahindra Group Chairman Anand Mahindra had said the aim of MPS will be to train and create a pool of one million employable youth by 2022.
"The Group has set up these schools with the aim of helping to mainstream socially and economically disadvantaged youth through vocational education and training.
"The aim is to make them employable in the organised private sector with over 85 per cent of them coming from the Scheduled Castes and Scheduled Tribes," the statement said.
The MPS graduates get specialised training in a range of fields, including retail, hospitality and house-keeping, BPO and KPO, it added.
Commenting on the development, M&M President (Group HR and Aftermarket Sector) Rajeev Dubey said: "The Mahindra Group recognises that there is a larger need to appropriately skill massive numbers of unemployed Indian youth for the burgeoning service sector, where there is a huge demand for a skilled job-ready workforce at the entry level."
The Mahindra Partners' investment division is actively exploring options to significantly scale up the number of trained youth by evaluating further expansion of the Pride School network, he added.
The first MPS was set up in March 2007 in Pune that currently has 4,503 alumni.