Hyundai Foundation Disburses Rs 3.38 Crore in Scholarships

Program supports 783 underprivileged students across 23 states, including civil service aspirants and IIT innovation teams pursuing higher education and research initiatives.

Sarthak MahajanBy Sarthak Mahajan calendar 18 Feb 2025 Views icon1631 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Hyundai Foundation Disburses Rs 3.38 Crore in Scholarships

The Hyundai Motor India Foundation (HMIF) has completed its scholarship distribution process, awarding ₹3.38 crore to 783 underprivileged students across India through its Hope Scholarship Program.

The program, which commenced in August 2024, evaluated applications from 23 states nationwide. Recipients include 440 students preparing for Civil Services examinations and Common Law Admission Tests, as well as 343 students from various Indian Institutes of Technology (IITs) working on innovation projects.

At the award ceremony held yesterday, Union Minister Kiren Rijiju presented the scholarships alongside HMIF officials. The Minister highlighted the program's contribution to skill development and self-reliance among India's youth.

"This initiative provides essential financial support to talented students from challenging economic backgrounds," said Rijiju during the ceremony.

Gopalakrishnan Chathapuram Sivaramakrishnan, Trustee of HMIF, emphasized the program's alignment with Hyundai's broader mission. "We're focusing on developing future policymakers and innovators who can contribute meaningfully to India's progress," he stated.

The outreach campaign reportedly connected with over 44,000 students nationwide before the final selection process. BharatCares is implementing the scholarship program on behalf of the Foundation.

The scholarships specifically target students from underprivileged socioeconomic backgrounds who have demonstrated academic merit or innovative potential in their respective fields.

RELATED ARTICLES
Apollo Tyres To Cease Production At Enschede Plant Amid Rising Costs And Market Shifts

auther Shahkar Abidi calendar25 Apr 2025

Indian manufacturer plans to wind down the Netherlands operations by summer 2026.

Ather Energy Raises Rs 1,340 Crore from Anchor Investors ahead of IPO

auther Shruti Shiraguppi calendar25 Apr 2025

SBI Mutual Fund schemes picked up around 23.1% of the total shares purchased by anchor investors, while Aditya Birla Sun...

Maruti Suzuki to Equip All Cars with Six Airbags This Year, Says Chairman Bhargava

auther Prerna Lidhoo calendar25 Apr 2025

"From a safety point of view, the government was very keen that six airbags should be in all cars. We will implement thi...