Biocon Foundation Sets up Hostel in Haliyal with V.R. Deshpande Memorial Trust to Support Skilling of Rural Women



Bengaluru, Karnataka, India: February 20th, 2017

Biocon Foundation, the CSR arm of Bengaluru-based Biocon Ltd., Asia’s premier biopharmaceuticals company, has invested Rs 1 crore to set up an ultra-modern hostel for women in Haliyal, Uttara Kannada. The hostel built for the Canara Bank Deshpande Rural Self Employment Training Institute will provide accommodation to women from the weaker sections of society who are undergoing vocational training at the institute.

Shri R.V. Deshpande, Minister for Large & Medium Industries & Infrastructure Development, Government of Karnataka and Ms Kiran Mazumdar-Shaw, Founder, Biocon Foundation, inaugurated the hostel facility today. The ~8,000 sq. ft. hostel, which can accommodate 65 women at a time, has well-furnished dormitories, waiting room, dining facilities for the trainees in addition to rooms for faculty.

Kiran Mazumdar Shaw and R.V. Deshpande inaugurated the CBD RSETI Ladies Hostel in Haliyal
 Kiran Mazumdar Shaw and R.V. Deshpande inaugurated the CBD RSETI Ladies Hostel in Haliyal


Kiran Mazumdar Shaw cutting the ribbon along with R.V Deshpande
 Kiran Mazumdar Shaw cutting the ribbon along with R.V Deshpande
Kiran Mazumdar Shaw unveiling the plaque at CBD RSETI Ladies Hostel
Kiran Mazumdar Shaw unveiling the plaque at CBD RSETI Ladies Hostel

Speaking at the inaugural ceremony, Shri R.V. Deshpande, Minister for Large & Medium Industries & Infrastructure Development, Government of Karnataka, stated, “I am happy that Biocon Foundation came forward and extended their full support in building the hostel for women. I am thankful to Kiran Mazumdar-Shaw and Biocon Foundation for supporting us in our journey of promoting skill development among rural women.”

Kiran Mazumdar-Shaw, Founder of Biocon Foundation and CMD of Biocon said, “Biocon Foundation is pleased to partner with V.R. Deshpande Memorial Trust for providing vocational training to rural women. This initiative builds on the Foundation's efforts to empower women through skill development. I hope the new hostel facility at the training institute will encourage women in the region to embrace this initiative which has the potential to provide them financial independence. I congratulate Canara Bank Deshpande Rural Self Employment Training Institute for their contribution to socio-economic development of the region.”