DCM Shriram donates Rs 10 cr to PM Covid relief fund

DCM Shriram on Wednesday said it will donate Rs 10 crore to PM-CARES Fund to support the fight against coronavirus and has earmarked another Rs 5 crore for the state relief funds as well as community services.

"DCM Shriram has set up a Rs 15 crore COVID-19 contingency fund, from which Rs 10 crore contribution is being made to the PM CARES fund to support the government's mega efforts to handle this health emergency," the company said in a statement.

The balance Rs 5 crore is committed for initiatives taken up by the company to help communities in kind and for contribution to relief funds of state governments, it added.

In addition, the company's officers, staff and workers have contributed Rs 82 lakh from their salaries and the same has also been donated to the PM CARES Fund.

DCM Shriram has repurposed its manufacturing facilities in Kota (Rajasthan) and Bharuch (Gujarat) to produce sodium hypochlorite (10 per cent solution) which is a disinfectant.

"We have donated approximately 7 lakh litres collectively to Rajasthan, Gujarat and Delhi to be used for sanitisation purposes. We are committed to supporting the states and union territory for any additional requirements as and when needed," it said.

With a surge in demand for sanitisers in the country, the company has also commenced production of hand sanitisers in its two distilleries in Uttar Pradesh.

DCM Shriram is a leading business conglomerate with a group turnover of Rs 7,771 crore. It manufactures sugar, fertilisers, seeds and chlor-vinyl chemical.