Hyundai Motor India Foundation (HMIF), the philanthropic wing of Hyundai Motor India Limited, has initiated the ‘Hyundai Hope Scholarship Program.’ Launched recently by H. D. Kumaraswamy, Union Minister of Heavy Industries and Minister of Steel, Government of India, the program aims to assist underprivileged aspirants preparing for Civil Services exams, Common Law Admission Test, and projects of IIT students across the country. This initiative will see an investment of INR 3.38 Crores, benefiting a total of 450 individuals, including 300 aspirants and 150 IIT student teams.
The launch event was graced by the presence of H. D. Kumaraswamy along with senior officials from Hyundai Motor India Limited, including Puneet Anand, Vertical Head of Corporate Communication & Social, HMIL, and Soon Sang Hong, Vertical Advisor for Corporate Communication and Social.
Puneet Anand elaborated on the program, saying, “Aligned with Hyundai’s global vision of ‘Progress for Humanity,’ we believe in Creating Shared Value and driving positive change in society. The Hyundai Hope Scholarship Program was ideated towards building future leaders and changemakers, by offering social, emotional and financial assistance to help aspiring talent focus on their goals. Through the Hyundai Hope Scholarship Program, we aim to level the playing field and empower the next generation of leaders in India and support the social and economic growth of the nation. This program will provide financial assistance, comprehensive resources, mentorship, and support systems, allowing young talent to focus on their academic pursuits and excel in their chosen fields.”
H. D. Kumaraswamy praised the initiative, stating, “The Hyundai Hope Scholarship Program is a unique initiative by Hyundai Motor India Foundation, and we appreciate the thoughtful approach of supporting students from economically weaker sections of society, who aspire to be the change they want to see. Financial constraints often become a formidable barrier for many deserving candidates, especially in key domains like civil services, law, and technology. This inclusive effort will go a long way in the betterment of the country and stands as a testament to Hyundai Motor India’s commitment towards nation building.”
The program is designed to provide not just financial aid but also emotional and social support, ensuring that deserving candidates can concentrate on their studies without the burden of financial stress. By focusing on critical fields such as civil services, law, and technology, the initiative aims to foster growth and development in these essential sectors.
With a significant financial outlay, Hyundai Motor India Foundation plans to make a real difference in the lives of these students, thereby contributing to the overall development and progress of the nation. This effort underscores Hyundai Motor India’s broader commitment to social responsibility and nation-building through education and empowerment.
