Scholarship fund value increased to Rs. 2.92 crores this year

July 19, 2018, Mumbai: The K.C. Mahindra Education Trust (KCMET) today announced that 82 candidates out of the 1066 applicants have received scholarships as a part of K. C. Mahindra Scholarships for Post Graduate Studies Abroad. Aimed at enabling higher education for the brightest and best students in India, this year it has marked a 45% increase in awardees, leading to an increase in the value of the scholarships awarded to Rs. 2.92 crores. The shortlisted candidates included 23 students who had graduated from the IITs, and the balance were from other premier educational institutes including BITS Pilani, SRCC, the National Law Schools, Symbiosis, St. Xaviers, Sir JJ College of Architecture and NID. The candidates had secured admission to the highest-ranking universities overseas such as Harvard, Stanford, Columbia, Carnegie Mellon, UC Berkeley, Pennsylvania, Oxford, LSE & Cambridge. The scholars will be pursuing their post-graduation in subjects ranging from Computer Science, Engineering, MBA, Law, Public Policy and Economics.

Following the two days of intense interviews, Keshub Mahindra, Chairman – K. C. Mahindra Education Trust & Chairman Emeritus – Mahindra & Mahindra Ltd., said “Education is the best weapon to drive positive change, and each year it is our endeavour to aid the brightest and the best minds from the country in this direction. I am positive that the students will carve their niche and contribute towards a better tomorrow by giving back to the nation.”

The selection committee panel comprised of eminent leaders such as Keshub Mahindra, Chairman Emeritus, Mahindra & Mahindra Ltd., Anand Mahindra, Chairman, Mahindra Group, Bharat Doshi, Chairman, Mahindra Intertrade Ltd., Ulhas Yargop, Group President - IT Sector, Group CTO & Member of the Group Executive Board, Mahindra & Mahindra Ltd., Dr. (Mrs.) Indu Shahani, Founding Dean – Indian School of Management & Entrepreneurship (ISME) & Chairperson at The Indian School of Design & Innovation, Ranjan Pant, CEO Advisor, Global Strategy Management Consultant & Change Management Expert and Aishwariya Ramakrishnan, EA to the Chairman, Mahindra Group who interviewed the shortlisted candidates over two days, recommended that all 82 candidates who attended the interviews will be awarded the K. C. Mahindra Scholarship for Post Graduate Studies Abroad.

Anand Mahindra, Chairman, Mahindra Group added, “It’s heartening to see the consistent rise in quality and number of applications we are receiving year-on-year for the scholarships. What is more exciting is the distinctiveness of every application which is truly inspiring and doesn’t cease to amaze me every time. I hope that the candidates make the best use of this opportunity to shine and put India on the global map in diverse and significant ways.”

This was the very first scholarship program set up at the Trust by the founder, Mr. K C Mahindra, and it continues to offer bright Indian students the possibility of pursuing their higher education at reputed universities abroad.

For further details on the K.C. Mahindra Scholarships please visit:
www.kcmet.org

About K C Mahindra Education Trust (KCMET)

The K. C. Mahindra Education Trust (KCMET) was founded by the late K. C. Mahindra in the year 1953, with an objective of promoting literacy and higher learning in the country. With its vision to transform the lives of people in India through education, by providing financial assistance and recognition to them, across age groups and income strata, KCMET has undertaken many education initiatives. Since inception, these initiatives have made a difference in the lives of over 400,000 deserving and needy students through the provision of Rs. 3763.25 million (USD 64.95 million) in the form of grants, scholarships and loans.

About Mahindra

The Mahindra Group is a USD 20.7 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, speedboats, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 240,000 people across 100 countries.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise

For further enquiries please contact:

Ankita Upadhyay
Group Communications
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