Hyundai Motor to set up Rs 150 cr Academy for Technical Skills

Chennai: Auto major Hyundai Motor India on Friday said it would invest Rs 150 crore to set up the ‘Hyundai Academy for Technical Skills’ through its Corporate Social Responsibility division Hyundai Motor India Foundation aimed at skill development for aspiring youth.

Hyundai Motor has undertaken initiatives to enhance the key skill sets of youth to ensure that they stay contemporary and industry ready, Hyundai Motor India Managing Director S S Kim said.

“We have also envisioned an innovation centre which will provide facilities to budding innovators to translate their projects to reality”, he said.

The upcoming training centre would serve as an incubation centre for skilling people and focus on human-centric innovations and mobility solutions.

The new infrastructure would take training programmes to the next dimension while making Hyundai Motor India as a global hub for think-tanks, the company said in a statement.