KONE India & Chitkara University Ink Partnership for the Graduate Program & Talent Management

CHANDIGARH, India - Aug. 6, 2018 - PRLog -- KONE India, a leading Elevator & Escalator company in the country and Chitkara University have entered into a Memorandum of Understanding (MoU) to offer a 3-year full-time diploma program in Mechanical Engineering with specialisation in Vertical Transportation. With this MoU, KONE and Chitkara will undertake curriculum Development & Talent Management in Mechanical Engineering, which is requisite to the Vertical Transportation Industry.

The MoU has been signed by Mr. Amit Gossain, Managing Director, KONE India and Dr. MadhuChitkara, Vice Chancellor, Chitkara University in the presence of officials from the University & KONE India. The program is a 3-year full-time Diploma in Mechanical Engineering with specialization in Vertical Transportation for Students after class 10^th. The Program will commence from August 2018 and the first batch of students will graduate in July 2021, and will be available for suitable placements. During the final year of the program, students will be entitled to an internship for a period of 5 months with KONE India.

"Through industry-academia partnerships, KONE is committed to transforming the lives of young people and inspire the next generation of innovators and skilled professionals," said MrGossain.He further added, "Chitkara University is known foran itsunique approach to imparting knowledge & training to its students across multiple disciplines .We are pleased topartner with Chitkara to commence industry & country's first diploma program in vertical transportation, which is designed to fulfil the requirement for a skilled workforce in our industry."

On the occasion, Dr Madhu Chitkara, Vice-Chancellor of Chitkara University said, "Industry linkages are crucial to ensure continued relevance between syllabus with industry development and latest R&D. We are delighted to collaborate with KONE India as part of our Industry associations initiative. Through this collaboration we will be leveraging on KONE's strength and industry insight for curriculum development and training thereby, creating job-ready graduates who can make a meaningful contribution to the organization they serve."

About KONE

At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings.  In 2017, KONE had annual net sales of EUR 8.9 billion, and at the end of the year over 55,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. For more information, please visit www.kone.com

About KONE India

KONE's presence in India dates back to 1984 and today it is the leading elevator company in India. Based in Chennai, KONE India serves customers all over the country through its 40+ branches and provides sustainable People Flow™ solutions for India's rapidly growing cities. It employs about 4500 people in the country.

KONE's production unit in Chennai produces elevators for the Indian market as well as for Bangladesh, Nepal, Bhutan and Sri Lanka. At KONE's training centres, installation engineers and field mechanics are trained to meet KONE India's strong reputation for high quality and uncompromised safety, as well as the expectations of Indian customers, when installing and maintaining elevators and escalators. KONE's global technology and engineering centre is a testing and research hub, which supports the latest technology and development of future KONE solutions.

KONE contributes to sustainable urban development with eco-efficient solutions that offer energy savings in buildings and deliver the best user experience. KONE is a pioneer in developing Eco-efficient™ solutions. KONE along with the KCF (KONE Centennial Foundation) supports the social development of a local community in Chennai in collaboration with Single Teacher Schools. For more information, please visit www.kone.in

About Chitkara University

In the year 2002, Chitkara Educational Trust established its Punjab campus 30kilometers from Chandigarh, on the Chandigarh–Patiala National Highway. In the year 2010 Chitkara University was established by the Punjab State Legislature under "The Chitkara University Act". Chitkara University, the best university in Punjab is a government-recognized university with the right to confer degrees as per the Sections 2(f) and 22(1) of the UGC Act, 1956.

Chitkara University has been founded by Dr Ashok Chitkara andDr Madhu Chitkara who have been passionate teachers for more than 40 years now. Chitkara Education brings with it a reputation that has been earned through years of serving the career – needs of the student community. It is a reputation for excellence and innovation among coveted employers for preparing graduates who have the knowledge and skills they need for success in their workplace. Chitkara University graduates go on to great careers, as they have their hands on the responsive teaching methodology. Students from around the county are attracted to Chitkara University because of their commitment to teaching excellence, because they conduct research that makes a difference, because of their industry partnerships and because of their tailored courses. This difference has been acknowledged by students, parent, alumni, government, and industry since the inception of the university.

Within a decade, most of Chitkara University academic programs are ranked among the top 50 programs in the country which speaks volumes about their string academic heritage, highly committed faculty, extensive industry collaborations, great international connections, and state of the art campus facilities. For more information, please visit www.chitkara.edu.in