The GRAS Academy and the Michael & Susan Dell Foundation are set to collaborate on delivering quality vocational training to school dropouts and unemployed youth in India.
Through an equity investment, the Michael & Susan Dell Foundation is joining the GRAS Academy, a pioneer in imparting vocational education and skill development, in aiming to train and assist with job placement of 1.3 million young Indians in different trades across the country.
The GRAS Academy has been successfully conducting training programs to enhance youth employability and skill development, improving the futures of thousands of young people across India.
The Michael & Susan Dell Foundation's global expertise and reputation will bring international quality standards to the Indian vocational and skill set curricula.
Mr. Gautam Sen Gupta, co-Founder and director of the Gras Academy, said:
"It gives us immense pleasure to be associated with the Michael &Susan Dell Foundation. India has a growing pool of youth who would require skill development and up-gradation training in line with industry needs thus reducing the gap for needed skilled manpower. We hope and believe that through our extensive experience and the Dell family foundation's support, the GRAS skill training and employment centres will create entrepreneurs out of these youth, increase their income generation potential, leverage their prior education and personal talent, and motivate them to participate in productive activity."
The GRAS and the Dell Foundation are targeting the bottom of the social pyramid, wanting to ensure that relevant and quality skill education is available for youth across urban and semi-urban areas of the country.
Mr Debasish Mitter, Portfolio Director at the GRAS Academy, said at the announcement:
"The mission of the Dell family foundation is to transform the lives of children living in urban poverty. In that context, we share a common desire to enable underserved and unemployed youth exit poverty by acquiring skills that allow them to enter trades and vocations of modern India. GRAS Academy is a leader in this space and has already set up 18 centers across India to train unemployed youth in industry-relevant job skills and has also successfully provided them with placements."
"The Michael & Susan Dell Foundation's equity investment will help with significantly scaling up the current operations of GRAS Academy, and will enable high quality training to be offered in retail, information technology/IT-enabled services, banking, financial services, insurance and education sectors through 325 GRAS Academy centers overtime."