Japan's Ministry of Economy, Trade and Industry (METI), today granted a certificate of accreditation to Maruti Suzuki's upcoming Japan-India Institute for Manufacturing (JIM) in Uncha Majra, Gurugram, Haryana.
Mr Akimasa Ishikawa, Hon'ble Vice Minister, METI, H.E Raj Kumar Srivastava, Deputy Chief of Mission, Embassy of India, Tokyo, handed over the certificate to Mr Hisashi Takeuchi, Managing Officer, Global Automobile Marketing, Suzuki Motor Corporation, Japan, at a ceremony held at METI office in Tokyo.
This 2nd JIM by Maruti Suzuki will train over 500 youth annually and is expected to begin operations in second quarter of FY 2018-19. Maruti Suzuki's first JIM, also METI accredited, is operational at Mehsana Gujarat, since 2017. The first batch from JIM Mehsana, received 100% placement last year.
On the occasion, Mr A K Tomer, Executive Advisor, Corporate Social Responsibility, Maruti Suzuki India Limited, said, "Receiving accreditation from METI, for our second JIM, is a matter of great honour for us. We are thankful to both Indian and Japanese Government for their trust and belief in us. We are fully committed to Government of India's Skill Development initiative and continuously work towards enhancing the skill and knowledge of youth making them industry ready."
Talking about readiness of JIM Uncha Majra, he said, "The work is on full-swing and as per the timelines. We expect the institute to be operational in this academic year. We will start the admission process in the coming weeks."
Shares of MARUTI SUZUKI INDIA LTD. was last trading in BSE at Rs.6947.6 as compared to the previous close of Rs. 6983.9. The total number of shares traded during the day was 23769 in over 3339 trades.
The stock hit an intraday high of Rs. 6999.55 and intraday low of 6867. The net turnover during the day was Rs. 164883703.