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2019-11-06

LANXESS India adds to employability through its vocational skill centre

  • LANXESS B-ABLE Skill Centre helps train 129 candidates with vocational training and job assistance in Thane in 2019
  • Initiative part of a 3-year commitment of over INR 1.5 crores for the project
  • Training currently being conducted successfully in Jhagadia; to train candidates in Nagda next year

Thane, 6 November, 2019 – LANXESS India Private Limited established a skill development centre in Thane as part of its Corporate Social Responsibility programme to provide training to aspiring candidates looking for suitable employability. The LANXESS  B-ABLE SKILL CENTRE was set up in association with BASIX Academy for Building Lifelong Employability Limited (B-Able) who is the implementation partner for the project for a period of three years covering Thane, Jhagadia and Nagda.

At a brief event in Thane, LANXESS AG Board of Management members Dr. Rainier van Roessel and Dr. Anno Borkowsky along with Mr. Neelanjan Banerjee, Vice Chairman and Managing Director, LANXESS India, presented a cheque of Rs. 5 million to Mr. D Sattaiah, CEO & MD of B-Able for project implementation in the second year.

In its first year, LANXESS India successfully trained 129 candidates in its centre in Thane wherein the candidates were given training under the categories of Sewing Machine operators and Call Centre executives. The courses started in January 2019 and after completion, candidates were assisted with placements. A total of 96 candidates which is 78% of the total enrolments, have been placed in companies or have started their own business after the project concluded. LANXESS has supported B-Able on this project with the cost of mobilization, training, human resource, rent for the facility etc.

The project is focused on providing skill development training for the youth who are unskilled, semi-skilled, school drop outs and come from the underprivileged sections living in and around LANXESS India’s operations.  LANXESS India has funded the project to provide sustainable livelihood to such underprivileged youth. This program has been designed for three years starting from Thane in the first year, Jhagadia in the second and Nagda in the third year with nearly 125 candidates being trained each year.

For the current financial year, an on-ground survey in and around Jhagadia in Gujarat found that the most popular employability choices for the local youth with lower academic qualification was that of a retail trainee associate. Taking a lead from the survey conducted by B-ABLE, LANXESS has financially supported the project in Jhagadia this year.

The first batch of candidates has already commenced with batch strength of 25 participants.

Commenting on the project, Neelanjan Banerjee, Vice Chairman and Managing Director, LANXESS India said, “Lack of higher education due to any reason should not be a hindrance in employability opportunities for the underprivileged youth of our nation. Through this project we have attempted to provide skills to such youth that will help them sustain a decent livelihood. We see this project as a small gesture in contributing positively to the country’s skill development goals.”

D Sattaiah, CEO & MD of B-ABLE said, “It is a gratifying experience to see these young boys and girls becoming self-confident and securing gainful employment with our training. We are fortunate to have partnered with LANXESS for this extremely productive and positive skill development programme. I am sure we will do exceedingly well going ahead, also.”

About LANXESS
LANXESS is a leading specialty chemicals company with sales of EUR 7.2 billion in 2018. The company currently has about 15,400 employees in 33 countries and is represented at 60 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.

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