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Business Companies 30 Mar 2020 Covid 19: TVS Motor ...

Covid 19: TVS Motor pledge Rs 25 crore to PM's Relief Fund

Published Mar 30, 2020, 1:55 pm IST
Updated Mar 30, 2020, 1:55 pm IST
TVS Motor Company on Monday announced their commitment to donate Rs 25 crore to the PM's Relief Fund to aid the battle against COVID-19
TVS Motor Company. (Photo- PTI)
 TVS Motor Company. (Photo- PTI)

Bengaluru: TVS Motor Company and its Group Companies TVS Credit Services Ltd., Sundaram-Clayton Ltd., and others on Monday announced their commitment to donate Rs 25 crore to the PM's Relief Fund (PM-CARES) to aid the battle against COVID-19.

"This is in line with the company's continuous endeavour to ensure prosperous and sustainable communities. It is in addition to the ongoing activities being already undertaken through Srinivasan Services Trust, the CSR arm of the group," it said in a statement.


"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 Government's strong resolve and numerous actions to fight this," 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, it said.

Some of the key initiatives that have already begun include: Making and supplying one million protective face masks for essential service providers; deploying vehicles and disinfectants to municipalities and helping produce medical equipment.

Employing factory kitchens at the manufacturing units in Hosur, Padi and Mysuru to make pre-packed cooked meals, which will be supplied to all essential care workers in the vicinity, from police personnel, municipal staff to healthcare workers.

In Baddi, Himachal Pradesh, dry rations will be supplied to daily wage workers who have been displaced and to villagers without food supplies, the statement said, adding, the company is evaluating collaboration with 3D printing companies to make ventilators to support the hospitals.

Location: India, Karnataka, Bengaluru