March 9, 2023: India: Siemens Scholarship Program, based on the German model of Dual Education, completed 10 years with the induction of 200 students. The program hones youth to become industry-ready engineers and launch a sustainable career in engineering, R&D or manufacturing. As of 2023, over 1,300 students from 125 government engineering colleges across 27 states in India have been part of the Siemens Scholarship Program.
Under this program, Siemens provides financial assistance to deserving meritorious students who are unable to afford the education expenses. The students receive full scholarships covering the college fees and allowances for books, stationery, etc. Based on the German model of Dual Education, the students are provided with internships, training on mechatronics, soft skills, projects and mentorships throughout the four years of engineering to make them truly industry ready. Fifty percent of the students are young women.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said “It is inspiring to see the high level of untapped potential that we have in this country. Through the Siemens Scholarship Program we hope we are able to provide these young engineering graduates with equal opportunities to realize the true potential that India has to offer.”
Siemens Limited is a technology company focused on industry, infrastructure, transport as well as transmission and generation of electrical power. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, to transform the everyday for people. Siemens Limited is the flagship listed company of Siemens AG in India. As of September 30, 2022, Siemens Limited had Revenue from continuing operations of Rs. 14,832 crore and 8,317 employees.
Further information is available on the Internet at www.siemens.co.in.