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    MARUTI   INE585B01010

MARUTI SUZUKI INDIA LTD

(MARUTI)
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Maruti Suzuki India : Podar Learn School in Sitapur, Gujarat, commences academic session

07/21/2021 | 11:46am EDT

Highlights:

* To facilitate quality education for students around Hansalpur and Sitapur region, Gujarat

* Once fully operational, capacity to enroll 1,400 students. Has a total of 37 classrooms

* School to be affiliated to Central Board of Secondary Education (CBSE)

* Funded by Maruti Suzuki Foundation ~ Rs 29 crores investment

* Primary section operational, Secondary wing to commence operations in a phased manner

New Delhi: Maruti Suzuki India Limited today announced the start of first academic year of Maruti Suzuki Podar Learn School at Sitapur in Gujarat. The school has been completely funded by Maruti Suzuki Foundation with a capital investment of Rs 29 crores.

When Suzuki Motor Corporation, the parent company of Maruti Suzuki, decided to set up Suzuki Motor Gujarat plant in Becharaji, Hansalpur, they also understood and planned for the needs of the local community, especially in the areas of education and health.

Accordingly, in October 2018, an MoU was signed between Maruti Suzuki Foundation and Podar Education Network (PEN) Limited to build 'Maruti Suzuki Podar Learn School', a senior secondary school in Sitapur. In April 2019, the construction for the school commenced and it is now ready and open for the primary section. Currently, the school has enrolled over 100 students and started online classes for the primary section. This will be followed by the secondary section in a phased manner.

Besides academic knowledge, the school curriculum is also designed to help students imbibe good ethics, develop moral character and aim at an overall personality development. The school will be affiliated with the Central Board of Secondary Education (CBSE).

On the commencement of first academic year, Mr. Kenichi Ayukawa, MD and CEO, Maruti Suzuki India, said, 'It is our Company's philosophy to pursue Community Development in and around our manufacturing facilities. The commencement of the first academic session at Maruti Suzuki Podar Learn School in Sitapur is a fulfillment of that vision. We are glad to partner with Podar Education Network, which is a pioneer in providing quality education. The school is equipped to impart an all-round education including co-curricular activities and personality development to make students ready for the modern world.'

Elaborating on the initiative, Mr. Harsh Podar, Director, PEN, said: 'Podar Education Network is honoured to be partnering with Maruti Suzuki for this school project. It has always been our endeavour through the Podar Learn School model to set up a network of good quality CBSE/ICSE schools across rural and semi-urban India. Our highly experienced academic team will closely support the school and ensure that Quality of education will be of the highest standards.'

About Podar Learn School:

Every Podar Learn School across the country has the same syllabus, schedules, activities, award winning lesson plans, exams and uniforms as of the Podar International Schools in metro cities. To ensure this consistency without slippages in quality, Podar Education Network provides teacher training, mentoring of Principals and a dedicated troubleshooting system that addresses each school's challenges with speed and efficiency. The school promises to impart all-round education comprising training in English language and technology, various sports and arts, and other co-curricular activities, in alignment with the goal of nurturing students to make them global citizens abreast with the contemporary world.

Key highlights of Maruti Suzuki Podar Learn School

Not more than 40 students per class to ensure personal attention

A team of over 100 educationists from 'Podar Education Network' to design the curriculum

Spread across 4.45 acres with amenities such as cafeteria, multi-sport playgrounds including lawn tennis court badminton court, volleyball court and skating rink, among others

State-of the-art facilities include library, mathematics lab, computer lab, physics lab, chemistry lab, biology lab, music room, dance room and indoor activity room

Additionally, auditorium, cricket ground, football ground and a swimming pool will be developed in a phased manner

The construction of the school is in line with the Government norms with landscaping, green belt and rainwater harvesting, etc.

Click here for more Images: Maruti Suzuki Podar Learn School

Issued by:

Corporate Communication,

Maruti Suzuki India Limited,

1, Nelson Mandela Road,

Vasant Kunj, New Delhi

Email: corp.comm@maruti.co.in

Website: www.marutisuzuki.com

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MARUTI SUZUKI INDIA LTD 1.70% 6969 Delayed Quote.-10.50%
SUZUKI MOTOR CORPORATION -0.71% 5050 End-of-day quote.5.60%
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Sales 2022 902 B 12 218 M 12 218 M
Net income 2022 56 361 M 764 M 764 M
Net cash 2022 459 B 6 213 M 6 213 M
P/E ratio 2022 36,5x
Yield 2022 0,95%
Capitalization 2 068 B 28 040 M 28 023 M
EV / Sales 2022 1,78x
EV / Sales 2023 1,49x
Nbr of Employees 16 025
Free-Float 43,6%
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Kenichi Ayukawa Chief Executive Officer, MD & Executive Director
Ajay Seth Chief Financial Officer
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Rajesh Uppal Chief HR & Information Technology Officer
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