Coronavirus impact: Hero Group to contribute Rs.100 Crore towards Covid-19 relief
The Hero Group has recently announced a contribution of Rs 100 Crore towards the relief measures from the Coronavirus pandemic. The group will be giving Rs 50 crore to the PM-Cares fund while the remaining Rs 50 crore will be used for other relief measures. The companies participating in the contribution from the Hero Group are Hero MotoCorp, Hero FinCorp, Hero Future Energies, Rockman Industries, Hero Electronix, Hero Enterprise and AG Industries.
Dr Pawan Munjal, Chairman, Hero MotoCorp, " I also urge the citizens of our country to support the Hon'ble Prime Minister and local authorities by staying home and help in stopping the spread of the pandemic coronavirus."
As part of the relief measures, Hero MotoCorp will distribute masks, sanitisers, gloves and 100 ventilators to hospitals and health departments. It has also offered to donate more than 60 motorcycles to the health departments in the rural areas in various states. The motorcycles - having undergone the necessary modifications can be used as mobile ambulances. Further, the company is distributing more than 10,000 meals to daily wage workers, stranded labourers and homeless families in several areas of the Delhi NCR, Rajasthan, Haryana, Uttarakhand, Andhra Pradesh and Gujarat. The meals will be prepared by the kitchen staff at the company's manufacturing facilities in Gurgaon and Dharuhera in Haryana; Neemrana in Rajasthan; Haridwar in Uttarakhand, Halol in Gujarat; Chittoor in Andhra Pradesh as well as at the Company's R&D facility the Centre of Innovation and Technology (CIT) in Jaipur. Additionally, the company will also be providing food packets at shelter homes and will be distributing 2,500 ration kits for the families in Delhi, Maharashtra and Kerala.
The Hero Centre of Innovation and Technology (CIT) located in Jaipur
Hero FinCorp will be offering a special product for those impacted by COVID-19 in order to help small businesses with working capital and retail customers with their daily needs. The SME product has been designed to help re-start their businesses and stabilise their cash flows. On the other hand, Hero Future Energies and BML Munjal University will be distributing food items and hygiene kits to people spread across 150 villages along with offering its 2,000-bed hostel for use as an isolation and treatment ward by the local health departments respectively.
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