Page 14 - EW March 2025
P. 14

Education News



           MAHARASHTRA                                                     interview with your correspondent:
         Magnum force K-12 venture                                         “Our mission has always been to

                                                                           make quality education accessible
                                                                           to every learner, regardless of her
                                                                           socio-economic background. This
                                                                           collaboration agreement with the
                                                                           Adani Foundation will strengthen
                                                                           our reach and impact, and enable
                                                                           us to provide our global education
                                                                           expertise to learners and teachers in
                                                                           diverse regions of India.”
                                                                             This high-potential ambitious en-
                                                                           terprise is being helmed by Francis
                                                                           Joseph, an alumnus of Mumbai
                                                                           University who previously served for
                                                                           15 years in senior management posi-
                                                                           tions with the transnational Ryan
                                                                           International Group which has pro-
                                                                           moted and manages 134 K-12 schools
                                                                           in India and the Middle East, and
                                                                           was appointed Executive Director of
         Varkey (left) & Adani: game-changing CSR initiative. Inset: Francis Joseph  GEMS Education India in 2023.
                                                                             “This partnership offers us a
            n what’s widely being interpreted   to philanthropic causes during his   unique opportunity to integrate the
            as one-upmanship, Gautam      lifetime. This partnership of munifi-  advanced industry technologies and
         IAdani, chairman of the Adani    cent billionaires intends to establish   skills of the Adani group with the
         Group of infrastructure construc-  state-of-the-art upscale English me-  global K-12 schools management
         tion and management companies    dium K-12 schools in India with the   expertise of  GEMS Education in
         (ports, airports, highways), ranked   first one in Lucknow slated to admit   our unprecedented joint venture.
         India’s second wealthiest individual   its first batch in July this year.   It’s pertinent to note that GEMS
         (net worth $63.2 billion) and among   “At least 20 more” at a budgeted   Education has unique experience of
         the Top 25 globally by the US -based   cost of Rs.2,000 crore, will become   implementing and managing the syl-
         Forbes business magazine, has    operational during the next three   labuses/curriculums of over a dozen
         stolen a march over Mukesh Am-   years. Globally benchmarked infra-  examination boards worldwide. This
         bani, ranked #1 with a net worth of   structure for academic, co-curricular   combination of technology and skills
         $95.4 billion (Rs.839,500 crore). On   and sports apart, the distinguishing   and curriculum enrichment will be
         the occasion of the marriage of his   feature of the Adani-GEMS Schools   invested in our new Adani-GEMS
         son Jeet on February 7, Adani an-  of Excellence is that 30 percent of   Schools of Excellence,” vows Joseph
         nounced an education CSR (corpo-  capacity will be reserved for gifted   who says he is “excited about his new
         rate social responsibility) initiative of   children from EWS (economically   role as CEO” of this high-potential
         game-changing possibility.       weaker section) households who will   partnership in K-12 education.
            Ten days later, Adani inked an   be provided free-of-charge educa-  Undoubtedly by launching this
         agreement with Sunny Varkey,     tion.                            ambitious socially beneficial initia-
         Chairman of the Dubai-based GEMS   “This initiative reflects our com-  tive in school education to celebrate
         Education described by Forbes    mitment to making world-class    his son’s marriage, Adani is one
         as “the largest operator of private   education affordable and widely   up in the public esteem compared
         kindergarten-to-grade-12 schools in   accessible. By adopting global best   with Mukesh Ambani, whose lavish
         the world, with a network of over 80   practices and innovative digital   celebration on the marriages of his
         schools in over a dozen countries”.   learning through our partnership   three children drew considerable
         Moreover, Varkey is a billionaire   with GEMS Education, we aim to   adverse comment from leftists and
         in his own right with a net worth   equip the next generation of change-  woke liberals for conspicuous con-
         estimated by Forbes at $3.5 billion   makers to become socially respon-  sumption and epicureanism.
         and among the first magnates to   sible leaders of India,” said Adani in   However even with the global
         sign the global Giving Pledge vowing   a press statement (February 17).    schools management expertise of
         to donate at least half his wealth    Added Sunny Varkey in a brief   Varkey and his sons Dino and Jay

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