Fast Retailing Co., Ltd. today announces a partnership with one of India’s top universities to help promising students become global leaders of tomorrow. The company has signed an agreement with the Indraprastha Institute of Information Technology Delhi (IIIT-Delhi) to create the Fast Retailing Educational Sponsorship Program for students with high potential who seek financial assistance.
Through this initiative, Fast Retailing is further demonstrating its commitment to Indian society after opening a production office in September 2016, its first UNIQLO store in Delhi in October 2019, and officially launching its e-commerce business in India last month with the new UNIQLO online store.
The educational sponsorship program 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 a two-year period for a master’s degree. While the structure of the program 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.