Industry-academia collaboration has long been the backbone of real world worthy solutions. Iochpe-Maxion which operates 33 manufacturing plants across 14 countries, including three in India produces approximately 50 million wheels annually, supplying a significant portion of the chassis for trucks in North and South America. The manufacturing facilities are strategically located close to customers, ensuring that client needs are met efficiently. As the global vehicle production hovers around 90 million units annually, the entity is prepared to scale operations in response to the anticipated growth in markets like India. It has found the answer to bridge the skill gap in a bid to execute on ground.
One such transformative initiative is the ‘Formare’ programme. Brought to India by the Lochpe Foundation and its long-time partner, Maxion Wheels, the focus on equipping economically disadvantaged youth with the tools for the real world is paying off. The skillset required for employability and bridging the gap between academia and industry are being imparted under the initiative. The programme aims to bring about sustainable change in both personal and professional spheres. Formare’s course work and journey, its expansion into India, the challenges faced, and the success stories from Brazil, and Mexico are beginning to reflect in India as per Claudio Anjos, President of the Lochpe Foundation
Early roots and horizon
The Formare program, initiated by the Lochpe Foundation, has a simple yet powerful goal: to empower vulnerable youth by providing them with technical education and hands-on industry experience. With successful implementation in Brazil and Mexico, Formare has helped thousands of students break out of the poverty cycle by focusing on three core Key Performance Indicators (KPIs): employability, income generation, and continued education.
Bu hikaye Auto Components India dergisinin October 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Auto Components India dergisinin October 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
U.S. COMMERCE DEPARTMENT ISSUES PRELIMINARY DECISION ON TURKISH BRAKE DRUM SUBSIDIES
On December 06, 2024, the U.S. Department of Commerce announced a preliminary affirmative determination in the Countervailing Duty (CVD) investigation concerning certain brake drums imported from the Republic of Türkiye as per The Brake Report.
BHARAT MOBILITY GLOBAL EXPO 2025 THE COMPONENTS SHOW PREVIEW
The Bharat Mobility Global Expo 2025, slated for January 17-22, is ready to dazzle the world with its expansive and innovative display of automotive and mobility solutions, writes Ashish Bhatia.
INTELLIGENT TRAILERS
Today's trailer customers enjoy access to a complete range of integrated solutions, writes Ashish Bhatia.
UNLOCKING THE POTENTIAL OF USED EVS IN INDIA'S GROWING EV MARKET
India's EV market, valued at USD 2 billion, is on the fast track to becoming the third largest globally by 2025. However, maintaining this momentum will depend heavily on developing a robust second-hand EV market
SAPIENCE HARNESSES AI FOR ROAD SAFETY
Sapience Automata is banking on Al-driven ADAS innovations to curb accidents, and improve fleet efficiency, writes Upendra Kasbekar.
TRAFFIC SURVEILLANCE SOLUTIONS
CP Plus is offering innovative traffic surveillance solutions to enhance on-road safety. writes Richa Tyagi.
LEGACY BRAND RENEWED PURPOSE
As Godrej Enterprises Group celebrates its 127th anniversary, the company unveiled a bold vision to chart a sustainable and innovative path forward, writes Ashish Bhatia.
GLOBAL AUTOMOTIVE SOLUTIONS
Raghavan Sampath, Director of Business Development, India Business Development Division at MediaTek, shared the company's strategic approach of offering global automotive solutions, with Richa Tyagi.
SOUTH KOREAN BATTERY MAKERS' DECLINING SHARE
Three South Korean electric vehicle battery makers saw their combined global market share fall from a year earlier in the first 10 months of 2024 amid robust growth of Chinese rivals, industry data showed on Monday.
UNO MINDA GPT-ENABLED MUSIC SYSTEM
Uno Minda Ltd. has introduced India’s first GPT-enabled Android music system, the WTUNES-464DN-GPT, revolutionizing the in-car experience.