Japanese firm to sponsor education of 5 meritorious students of IIIT Delhi

Japan-based Fast Retailing has announced a partnership with Indraprastha Institute of Information Technology (IIIT), Delhi, to help promising students become global leaders of tomorrow. 

The company has signed an agreement with the IIIT Delhi to create the Fast Retailing Educational Sponsorship Programme for students with high potential who seek financial assistance. 

Educational sponsorship programme  

The educational sponsorship programme will be funded by Fast Retailing and cover full tuition and related costs for a total of five freshman students a year, covering the full four-year period for a bachelor’s degree and two-year period for a master’s degree. While the structure of the programme will be determined by the university to ensure it provides maximum benefit, recipients will be able to participate in Japanese language and culture studies and intern at UNIQLO India. Candidates who pass certain milestones will also be eligible to join Fast Retailing in Japan or UNIQLO in India, to help leverage skills they gain during their studies. 

“From the very beginning of our discussions with corporate and government leaders in India, I have been impressed by the exceptional talent, ambition and diligence of the young people I have met," said Tadashi Yanai, Chairman, President and CEO of Fast Retailing. 

Tadashi said, “We hope that our new programme will foster the skills that both India and our company will need in the future and help young talented individuals become business leaders on the global stage. I believe these premier universities are uniquely well-placed to fulfil this mission.” 

Commenting on the partnership, Prof Ranjan Bose, Director, IIIT Delhi, said, “IIIT-Delhi is a young and agile institute that is fast accelerating on the path of becoming one of the leading comprehensive research-led teaching institutes in India. It has proven to be consistently responsive towards the evolving needs of society. The partnership with Fast Retailing will provide further impetus to our vision of being socially relevant, industry facing, and globally connected.” 

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