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India Inc Shows Support, Announces Support for Coronavirus Relief

Here are a few corporates who have extended support in the grim scenario by offering monetary as well as material assistance.

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Saavriti
New Update
Ratan Tata

Coronavirus, one of the scariest pandemics in history, has gripped the globe by locking people down in their homes. It's been a while since we've stepped out of our houses since everything from malls, offices, markets to schools, universities flights and trains have been shut down to contain the transmission of the deadly virus. As much as mentally taxing and physically straining the situation is, it is financially draining too. In such times, when governments across the world are doing everything they can to economically support the denizens, corporates, too, have stepped in to offer monetary as well as material assistance.

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Read Also: India’s first coronavirus testing kit is here. She made it happen

Here are a few corporates who have extended support in the grim scenario.

TATA

The corporate giant has offered a sum of Rs 500 crores to provide for personal protective equipment for medical personnel on the frontlines, respiratory systems for treatment, testing kits, setting up modular testing facilities for the infected, knowledge management and training of health workers and the general workers.

Xiaomi

The consumer electronics company has imported lakhs of N95 masks that are being distributed across Delhi, Karnataka, and Punjab through government authorities. The company has also distributed Hazmat suits to ensure the safety of doctors. Xiaomi was one of the first companies to switch to work from home policies for its employees and initiated social distancing measures at the retail outlets that were open in the initial stages.

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Godrej Group

The Godrej Group has promised Rs 50 crore for community support and relief initiatives in India. The company hopes to supplement the outlay in the future if need be. The fund will finance the initiatives underway focused on public health and essential supplies, as well as additional efforts being proposed for the future. The group, realizing the gravity of the situation, wishes to cater to its customers, employees, communities, and country in whatever way possible.

PayTM

PayTM has committed five crore rupees to help all innovators and companies working on indigenous solutions to tackle the potential shortage of clinical ventilators and other critical medical equipment. India has an untapped potential that can help us usher out of these dark times, and funding becomes essential to bring out the innovations in the market that can save hundreds of lives in the coming weeks.

Reliance Foundation

Reliance Retail has assured a sufficient supply of essential daily use items at its 736 grocery stores across the country. The company strives to minimize the physical contact between consumers and staff by facilitating order and pick-up from the storefront and limiting the number of people in the store. It will also run vehicles stocked with essential items in certain areas for sale to customers during the complete lockdown.

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Mahindra & Mahindra

Anand Mahindra, the Chairman of Mahindra & Mahindra group tweeted about the grit of engineering teams of Mumbai (Kandivali) and Pune (Igatkari) plants who committed to manufacturing low-cost special ICU ventilators in 48 hours. The device is an automated version of the Bag Valve Mask ventilator (commonly known as Ambu bag) with a self-inflating mechanism, which would aid patients in breathing. The team is now seeking the approval of specialists to carry out the large-scale production of the same to beat the scarcity of ventilators.

SpiceJet

SpiceJet has offered its services to the government to take on any humanitarian mission during the 21-day lockdown to aid the migrant workers traveling on foot across the country. The company has provided its aircraft and crew members to operate some flights from Delhi and Mumbai to Patna. The firm has already been running daily flights to deliver food, medicines and medical equipment for the government on its freighter aircraft.

Read Also: Coronavirus: Social Networking Has Moved To The Balconies, Again

Saavriti is an intern with SheThePeople.TV

coronavirus lockdown Financial Assistance Corporates
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