TVS Group announces Rs 25 cr donation to PM-CARES fund to fight Covid-19

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers and its Group Companies TVS Credit Services Ltd, Sundaram-Clayton Ltd., and others announced their commitment to donate Rs. 25 Crores to the PM’s Relief Fund (PM-CARES) to aid the battle against COVID-19.

This is in line with the company’s recent announcement of Rs 30 crore support to curb the spread of Covid-19. In the past week, the company announced in its press release: “TVS Motor Company, India’s one of the largest manufacturers of two-wheelers and three-wheelers and die-caster Sundaram-Clayton Ltd. (SCL) have announced spending Rs 30 crore to support the nationwide efforts to curb the spread of COVID-19.”

“The COVID-19 pandemic marks an unprecedented time in modern history and it will require the best of humanity to overcome the battle. We applaud the Govt’s strong resolve and numerous actions to fight this. Now, more than ever, it requires all of us to cooperate and support each other as a nation,’’ said Venu Srinivasan, Chairman, TVS Motor Company.

Srinivasan Services Trust (SST), the social arm of the group is implementing various measures ranging from manufacturing and supplying supportive equipment such as masks, to providing cooked meals to those in the frontline — from healthcare workers to police officers. 

In India and across the world, big corporate leaders and industrialists are speaking with one voice showing their solidarity in these challenging times.

Website | + posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: