The Indian multinational conglomerate, Tata Group is one of the most renowned, ethical, and respected organizations in India. Headquartered in Mumbai and founded in 1868, the company is into IT, hospitality, automobiles, and retail among others. However, the group has always been known for its philanthropic initiatives.
And in these difficult times, it has once again stood by its reputation of charity.
The Tata Trust, a charitable organization headed by famed entrepreneur Ratan Tata, has pledged INR 500 crore towards procuring medical equipment and setting up health facilities. To add to this, Tata Sons, the holding company of the Tata Group, has earmarked an additional INR 1,000 crore towards relief efforts.
In a post on social media, Ratan Tata said, “The current situation in India and across the world is of grave concern and needs immediate action… In this exceptionally difficult period, I believe that urgent emergency resources need to be deployed to cope with the needs of fighting the COVID-19 crisis, which is one of the toughest challenges the human race will face.”
The COVID 19 crisis is one of the toughest challenges we will face as a race. The Tata Trusts and the Tata group companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time. pic.twitter.com/y6jzHxUafM
— Ratan N. Tata (@RNTata2000) March 28, 2020
Aside from offering monetary support, Tata Sons also has plans to manufacture ventilators.
Quite a few Indian philanthropists, business leaders, and celebrities have donated generously towards the relief efforts.
Meanwhile, Anand Mahindra, Chairman of the Mahindra Group, has offered to convert the resorts of his company into temporary quarantine facilities. He also pledged to create a fund to support small business and the self-employed that might be adversely affected due to the coronavirus crisis.
—To help in the response to this unprecedented threat, we at the Mahindra Group will immediately begin work on how our manufacturing facilities can make ventilators.
—At Mahindra Holidays, we stand ready to offer our resorts as temporary care facilities. (3/5)
— anand mahindra (@anandmahindra) March 22, 2020
Also, Anil Agarwal, the Executive Chairman of Vedanta Resources, has pledged INR 100 crore to combat the pandemic.
I am committing 100 cr towards fighting the Pandemic. #DeshKiZarooratonKeLiye is a pledge that we undertook & this is the time when our country needs us the most. Many people are facing uncertainty & I’m specially concerned about the daily wage earners, we will do our bit to help pic.twitter.com/EkxOhTrBpR
— Anil Agarwal (@AnilAgarwal_Ved) March 22, 2020
It is heartening to see so many philanthropists from India come forward to fight this global pandemic. We believe only collaborative efforts will help fight this menace.1