Schaeffler India Supports the Fight Against COVID-19 Pandemic

Schaeffler India, leading industrial and automotive supplier (BSE: 505790, NSE: SCHAEFFLER) today, shared the details of the company’s…

Schaeffler India, leading industrial and automotive supplier (BSE: 505790, NSE: SCHAEFFLER) today, shared the details of the company’s contribution towards fighting the ongoing COVID-19 pandemic. Schaeffler India took two major initiatives in joining the support – procurement of emergency health equipment for a government run hospital in Pune and voluntary donation of a part of salaries by employees, with the company matching an equivalent amount.

Procurement of emergency medical equipment worth INR 6 million

Schaeffler procured and donated emergency medical equipment and essentials for a government run hospital (Aundh hospital) in Pune city. The Aundh Hospital that specializes in treating diseases related to the respiratory system has been identified as a dedicated COVID-19 hospital by the ministry. It is a 300-bed facility, with allocation of 50-beds to their isolation ward to treat COVID-19 patients and 10 beds to the ICU facility. The equipment and essentials provided by Schaeffler India has significantly improved its capacity to fight against COVID-19 pandemic and treatment of patients.

Donation to PM CARES Fund

In addition, employees voluntarily donated a part of their April salaries, while the company matched the amount to contribute to PM CARES fund set up by the government. The total amount contributed by employees and the company was INR 12.70 million.

Mr. Santanu Ghoshal, VP – HR and CSR, Schaeffler India said, “These are difficult times and its heart wrenching to think of the daily wage earners and their plight. We were determined to contribute to the PM Care Fund as an organization. I am happy to see that each and every employee of Schaeffler India has come forward to contribute to the fund and together as an organization we have been able to support the government initiative.”

He also added that “We feel fortunate to be able to help Aundh Hospital and would like to thank Zilla Ruganalay Aundh for giving us the opportunity to support and serve the city. Aundh hospital is doing a commendable job at treating the less privileged patients without any cost. I want to take this opportunity to sincerely thank all the doctors, nurses and healthcare workers on behalf of Schaeffler. They are the front-line fighters and this is the least we can do to support the system.”

Schaeffler India has been continuously reaching out far and wide to contribute to human progress and positively touch the lives of the surrounding communities. Through their flagship CSR initiative called HOPE, which stands for Healthcare, Occupation Skills for Employability, Preservation of National Heritage, Art and Culture and Empowerment of Society.

About HOPE

Schaeffler India as a part of its CSR program has consolidated its activities and focus exclusively on a few core areas which will make a meaningful impact on the community and make a difference. HOPE is Schaeffler India’s umbrella initiative encompassing the values, vision and mission of the organization. Through this initiative Schaeffler India strives to contribute, to the motto ‘Sarvebhawantu Sukhinha:‘ (May everyone be happy). It is derived from the four core areas of focus – Healthcare, Occupational skill, Preservation of national heritage, art & culture and Empowerment of society. Under HOPE, Schaeffler India runs a number of initiatives for the four focus areas. 

About Schaeffler India Limited

Schaeffler has been present in India for over 50 years. With 3 well known product brands LuK, INA and FAG, 4 manufacturing plants and 11 sales offices, Schaeffler has a significant presence in India. Schaeffler is among the largest Industrial and Automotive supplier with sales of INR 43.6 billion in 2019 and around 2800 employees. The manufacturing plants in Maneja and Savli (Vadodara), produce a vast range of ball bearings, cylindrical roller bearings, spherical roller bearings and wheel bearings that are sold under the brand name of FAG. The plant at Talegaon near Pune, manufactures engine and powertrain components for front accessory drive system, chain drive systems, valve train, gear shift systems and a range of needle roller bearings and elements, under the brand INA. The fourth manufacturing location is based out of Hosur, producing a wide range of clutches and hydraulic clutch release systems for passenger cars, light commercial vehicles, heavy commercial vehicles and tractors sold under the brand of LuK. Schaeffler also has the largest after-market networks serving the industrial and automotive customers. All of this is backed by dedicated engineering, research and development support based in India in support of product teams.

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Sany Donates 1 Lakh N95 Masks & 5 Lakh 3 Ply Masks to Govt of Maharashtra through MIDC

Supporting the Government of Maharashtra in its fight against the COVID, Sany, a leading manufacturer of construction, mining & material handling equipment, heavy machinery and renewable energy solutions donated 1 lakh N95 masks & 5 Lakh 3 Ply Masks to Government of Maharashtra through MIDC. Mr. Deepak Garg, Managing Director, Sany South Asia & Sany India handed over the masks to Shri Rajesh Tope, Minister for Public Health & Family Welfare, Government of Maharashtra. Sany has been in the forefront in helping people during the lockdown by donating masks & PPE kits to various hospitals and people who have been working at the construction sites. Sany also provided food ration to the needy families who were affected due to the lockdown.

(Left to Right): Shri Rajesh Tope, Minister for Public Health & Family Welfare, Govt. of Maharashtra & Mr. Deepak Garg, Managing Director, Sany South Asia & India

Mr. Deepak Garg said, "We firmly believe that the fight against COVID should be a combined effort of the government, corporate houses/industries, healthcare professionals and the citizens in general. Within the company, we are adhering to all possible measures to ensure the safety of all our employees and stakeholders." Speaking about this initiative, he further added, "As a socially conscious company, we have taken this small but significant step in providing the N95 masks with an intention of keeping our corona warriors i.e. our doctors, nurses, paramedic staff, district administrators and police personnel safe from this deadly virus. I also need to applaud the commendable efforts taken by the health ministry in combating COVID. I sincerely hope that we become a corona free country soon."

Honorable Shri Rajesh Tope, minister of state for Public Health & Family Welfare, Government of Maharashtra thanked Sany for the donation of masks and advised Sany to keep doing such activities for the betterment of people of India.

Dr. P. Anbalagan, (IAS), CEO of MIDC said, "It's really commendable to see that companies like Sany stand united with us in our fight against this invisible enemy. By providing the N95 and 3 Ply Masks, they have helped the real life warriors who are in the frontline and vulnerable to this deadly virus. As far as protective measures are concerned, it is critical to maintain the constant supply of masks and PPE kits to ensure the safety of our frontline workers. Having said that, I urge more companies to come forward and lend their support in whatsoever way possible."

Mr. Subhedar, Joint CEO of MIDC, said, "With the entire country living under the threat of this fast spreading virus, the need of the hour is to follow preventive measures like wearing a mask. This becomes mandatory for our corona warriors who are more vulnerable in contracting COVID-19. Sany's gesture of providing masks will go a long way in keeping our corona warriors safe and healthy."

Sany has adopted a number of initiatives, both online and offline to promote a healthy and safe atmosphere for their employees. Offline measures like work from home and onsite measures like thermal screening and proper sanitization are being practiced to ensure safety. Online measures include "SANYtization", which is a digital initiative to promote awareness amongst the whole community through social media channels.

About Sany India

Sany India was incorporated in 2002 and offers the widest range of Construction Machinery in India & South Asia. In 2012, Sany India invested more than INR 500 crore to develop infrastructure for R&D, Manufacturing, Quality Inspection, Testing and Service at their manufacturing facility in Chakan, Pune. Through this facility, the company operates in four Business verticals viz: Excavator, Heavy Equipment, Concrete Machinery and Renewable Energy. Presently, Sany India offers products like excavators, truck mounted cranes, all terrain and rough terrain cranes, crawler cranes, transit mixers, batching plants, boom pumps, trailer pumps, piling rigs, motor graders, pavers, compactors, reach stackers, rubber tyred gantry cranes, rail mounted gantry cranes, mining equipment, wind turbine generators and many more. The company has already established a strong network of around 25 dealers across India to cater to the growing demand and provide support to all its customers & associates. Sany has more than 12000 machines delivered on ground, contributing to infrastructure development projects in India & other South Asian countries. Owing to its widest product range, superior build quality, service commitment, innovative solutions, and global expertise, Sany India has achieved market leadership in various construction equipment segments. With Government of India's focus on infrastructure development and modernization, the company is poised for tremendous growth.

About MIDC

MIDC was established in 1962, under M.I.D. Act 1961 as the premier industrial infrastructure development agency of Government of Maharashtra. It has one of the largest industrial land banks amongst all the Industrial development corporations in India. Through 16 regional offices, MIDC manages its 289 industrial complexes. Standing true to its corporate Philosophy "Prosperity to all through Industrialization" MIDC built 289 Industrial Areas with 66273.82 hectares of land. (Approx.) MIDC has also developed specialized parks for different industrial sectors including IT, BT, Special Economic Zones.

Carpathy Launches Protect+ Car Revival and Sanitization Program in Partnership with Gulf Oil

COVID-19 was unprecedented and unfortunate - leading to the country being shut down for more than 2 months. With markets now on the verge of gradually opening up, people now feel the need for safer and hygienic transport options more than ever.

Carpathy Protect+

Private vehicles, which have been inactive for quite some time, are expected to be back on roads but consumers continue to face challenges with limited access to services like jumpstart, flat tyre repair and AC service. Sanitization of vehicles is also in high demand as most customers are looking to get their cars sanitized and germ free, before they can commute again.

Carpathy - India's largest car-service network, with more than 1000 workshops across 50 cities in India, has launched its Protect+ Car Revival and Sanitization Program. Protect+ promises to deliver best-in-class essential car care services at doorstep, with superior safety measures and precautions.

Divyanshu Bansal, Founder and CEO of Carpathy said, "Sanitization is one of the major offerings of the program with other essentials such as jumpstart, AC gas top-up and Oil change available at doorstep. Special teams have been trained to follow end-to-end safety precautions and ensure contactless service for customers. The package is also priced at a nominal Rs. 300, thereby not taking a hit on the pocket."

Ravi Chawla, MD, Gulf Oil India said, "Today, we are in the midst of unprecedented times, and as we navigate through the rapidly-evolving situation, it is utmost necessary to safeguard our loved ones. By associating with Carpathy in this noble initiative we further reinforce our motto of delighting customers with unmatched products and service."

"For the program, Personal Protective Equipment (PPE) kits have been given to all mechanics thereby ensuring safety for both professionals and customers. In addition, we have also provided our mechanics with COVID-19 insurance. We are also happy to have our strategic partners Gulf Oil support us in this initiative. Gulf Oil's superior products help us deliver on our promise of quality while reaching the customer in these tough times," added Bansal.

Protect+ is currently available in 5 cities - Delhi, Gurgaon, Mumbai, Bangalore and Hyderabad, and is rapidly expanding to other cities with an up-surge in demand from all corners of the country. The company is also setting up camps in residential societies and workplaces to ensure safer cars for more people. "Protect+ services will also be made available across all Carpathy workshops shortly," said Divyanshu Bansal.

More details about the Protect+ program and can be found at Carpathy's website www.carpathy.com/protect-plus.

Carpathy was started in 2015 by Divyanshu Bansal, Himanshu Bansal and Akshat Lavania. It operates a network of technology-enabled car service centers and provides end-to-end technology, operations procurement support to workshops on its platform. The company also offers franchises to individual workshop owners and has more than 30 franchises in Tier-II cities like Bhopal, Ahmedabad, among others.