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Savitribai





                                            Phule                                                                                        tudents from the weaker section of society   villages in the Pune and Khed region.


                                                                                                                                         in Pune will soon receive a comprehensive
                                                                                                                                         academic scholarship sponsored by Maxion
                                                                                                                                                                                      Suhas Majrekar, Managing Director of Kalyani Maxion
                                                                                                                                         Wheels and Savitribai Phule University. The
                                            University                                                                          Sprogramme will support the students with             Wheels’ light and commercial vehicle steel wheels
                                                                                                                                                                                      plants in Pune said, “We are very proud to bring the
                                                                                                                                 100% tuition being reimbursed as well as providing the
                                                                                                                                                                                      highly successful Formare program from Brazil and
                                                                                                                                 students with uniforms, transportation, meals, and a
                                                                                                                                                                                      Mexico to EWS students in our Ganeshkend, Kurali and
                                                                                                                                 monthly stipend.
                                                                                                                                                                                      Nimagon communities.”
                                            & Maxion                                                                             Maxion Wheels, a leading global wheel manufacturer   Pieter Klinkers, CEO of Maxion Wheels stated, “At
                                                                                                                                 for passenger cars, light trucks, buses, commercial
                                                                                                                                                                                      Maxion Wheels, we embrace our responsibility as a
          Academic Scholarship                                                                                                   trucks and trailers, in partnership with lochpe      corporate citizen, we champion education, healthcare,
                                                                                                                                 Foundation from Brazil and Savitribai Phule Pune
                                                                                                                                                                                      and other initiatives in the communities where we
          to help students                  Wheels launch                                                                        University, is initiating “Formare”, a well-established   operate. Together, we create opportunities to shape a
                                                                                                                                 academic scholarship program to the region of Pune,
                                                                                                                                                                                      brighter future for all. Supporting the establishment of
          from the weaker                                                                                                        India.                                               the Formare program in India is a new milestone for us
          section in Pune to                                                                                                     Currently, the Iochpe-Maxion Group is running six    at Maxion Wheels”.
          access education                  scholarship for                                                                      Formare program units; four in Brazil and two in     Rahul Vaidya, Managing Director of Maxion Wheels’

          opportunities in                                                                                                       Mexico. India will be the first outside of the Americas.   light vehicle aluminum wheels plant in Khed City,
                                                                                                                                                                                      Pune, added, “The program aims to enhance the
                                                                                                                                 The Formare program has impacted the lives of
          manufacturing                                                                                                          thousands of young Brazilians and Mexicans over the   employability of underprivileged Indian youth in the
                                                                                                                                                                                      region by connecting classroom learning with real-
                                                                                                                                 last 35 years. According to a 2023 survey carried out
          technology under the              Students from                                                                        by Plano CDE (a consultancy and research company     world workplace experiences. This will be achieved
          “Formare” programme.                                                                                                   focused on social impact), the Formare program is    by incorporating university curriculum education at
                                            Economically                                                                         Unlike other educational scholarship programs in the   providing targeted professional and social skills training
                                                                                                                                 changing the lives of its students in meaningful ways:
                                                                                                                                                                                      Savitribai Phule Pune University while simultaneously
                                                                                                                                                                                      at Maxion Wheels’ facilities in the Pune area.”
                                                                                                                                 region, “Formare” is not focusing on developing new
                                                                                                                                 employees for partnering, instead it focuses on giving
                                            Weaker                                                                               participants an opportunity to succeed in the job    India was selected as a third country of operation
                                                                                                                                 market overall.
                                                                                                                                                                                      for Formare to bring an educational opportunity to
                                                                                                                                                                                      highly talented and motivated Indian youth with
                                                                                                                                 Explains Prof. Dr. Radhakrishna Pandit, Director Skill
                                                                                                                                                                                      otherwise limited economic prospects. The program
                                                                                                                                 Development Centre, Savitribai Phule Pune University,
                                                                                                                                                                                      aims to support the Indian government’s EWS and skill
                                            Sections                                                                             “By focusing on job readiness and industry relevance,   development initiative.
                                                                                                                                 this unique program, set to start in the academic year
                                                                                                                                 2024-2025 as per the National Education Policy (NEP)
                                                                                                                                                                                      Applications for the program will be handled by
                                                                                                                                 of the Government of India, opens doors to a wide
                                                                                                                                                                                      Savitribai Phule Pune University. The selection process
                                            (EWS)                                                                                range of employment opportunities, fostering a new   includes an exam, conducted by the university, followed
                                                                                                                                                                                      by a counseling session, and finally a home visit by
                                                                                                                                 generation of skilled professionals.”
                                                                                                                                                                                      representatives of Maxion Wheels. The admission
                                                                                                                                  The new two-year program, for which 30 students
                                                                                                                                 who are part of India’s Economic Weaker Section (EWS)   process and program will commence with the academic
                                                                                                                                                                                      year 2024. To be eligible for the program, students
                                                                                                                                 will be selected, will join a Manufacturing Technology   require a 10+2 (Science) or equivalent educational
                                                                                                                                 academic diploma program. The student application and   background and their family must qualify for the
                                                                                                                                 selection process, which includes the goal of at least   Economic Weaker Section.
                                                                                                                                 50% female participation, will take place in selected

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