CHENNAI and PUNE, India, Oct 9, 2023 —HCLFoundation, which delivers the corporate social responsibility agenda of HCLTech in India, has signed a memorandum of understanding (MoU) with Stanley Black & Decker, a worldwide leader in tools and outdoor powered equipment, to skill youth in India to make them employable in the manufacturing industry.
Stanley Black & Decker will establish training and development hubs at two government-run industrial training institutes (ITIs)—ITI Morwadi in Pune and ITI Guindy in Chennai—where HCLFoundation will implement the power tools skill development program.
Approximately 1,000 youth are expected to benefit annually from the collaboration. The program will also impart advanced training to ITI trainers, aligning them with the latest market technologies. Industry outreach activities, technical guest lectures, job fairs and health camps will also be organized.
"Our mission is to equip youth and the industrial workforce with job-ready skills and support the growth of manufacturing sector in India,” said Dr. Nidhi Pundhir, Vice President, Global CSR, HCLFoundation. “By harnessing the combined strengths of HCLFoundation and Stanley Black & Decker, we are poised to make a tangible impact on the lives and careers of countless individuals.”
“We are proud to contribute to this endeavor and share our expertise in power tools. This initiative is not only about skill development but also about enhancing safety practices and efficiency in the industry,” said Sunil Krish, Director-Manufacturing, Stanley Black and Decker India Pvt. Ltd.
HCLFoundation delivers the corporate social responsibility agenda of HCLTech in India. The Foundation contributes to national and international development goals by investing in long-term sustainable programs and special initiatives with thematic focus on education, nurturing grassroots sports, health and sanitation, skill development and livelihood, environment and disaster risk reduction, and response management. To ensure equitable development, child protective strategies, inclusion and gender transformative approaches are at the core of all the programs of the Foundation. Till date, the HCLFoundation has positively impacted over 5.5 million lives. To learn more visit www.hclfoundation.org
HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending June 2023 totaled $12.8 billion. To learn how we can supercharge progress for you, visit hcltech.com.
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