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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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