Hero Group contributes Rs 100 crore towards COVID-19 relief efforts
In addition to Rs 100 crore, the Hero Group will distribute masks, sanitisers, gloves, 100 ventilators, and more than 10,000 meals every day.
The Hero Group has announced that it will contribute Rs 100 crore as aid for the ongoing COVID-19 relief efforts in India. Half of this sum or Rs 50 crore will be contributed to the 'PM Cares Fund' and the remaining Rs 50 crore will be spent in other relief efforts.
Distribution of masks, sanitisers, gloves and 100 ventilators will also be undertaken by the company. In addition to this, Hero has promised to distribute more than 10,000 meals every day and is offering to deploy modified motorcycles as two-wheeler ambulances in rural areas.
The Hero Group (BML Munjal family) companies contributing to this fund include Hero MotoCorp, Hero FinCorp, Hero Future Energies, Rockman Industries and Hero Electronix. Hero Enterprise and AG Industries have also contributed to this fund.
Dr Pawan Munjal, chairman, Hero MotoCorp said, “Our country, and indeed the entire world, is currently facing an unprecedented challenge in the form of COVID-19. In such critical times, it is of utmost importance and urgency that we all come together and support the marginalised sections of the society, along with those who are in dire conditions. I also urge the citizens of our country to support the Prime Minister and local authorities by staying home and help in stopping the spread of the pandemic coronavirus.”
RELATED ARTICLES
Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws
The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to l...
VinFast’s second plant in Vietnam goes on stream ahead of India factory
Vietnamese EV maker’s second plant in its home market, which has a 200,000 EVs-per-annum capacity, will focus on produci...
Continental exits TBR market in India, shifts focus to car and SUV radials
German tyre manufacturer aims to tap the double-digit market growth opportunity for big SUV and luxury car tyres which w...