L&T to donate Rs 150 crore in PM-CARES fund
Larsen & Toubro, India’s leading technology, engineering, construction, manufacturing and financial services conglomerate, is committed to participate in corporate India’s response to COVID-19 through funds, community welfare plans and by leveraging its expertise to offer assistance. Responding to the call given by Prime Minister of India, the company will donate Rs 150 crore to PM-CARES Fund.
The project management conglomerate has set aside an outlay of over Rs 500 crore per month to support about 160,000 contract workers by continuing to pay their wages during the ongoing lockdown and providing them with food and basic amenities at labour camps, while maintaining the COVID-19 prevention and containment protocol.
L&T is considering transforming all company-owned training centres and other select establishments into isolation wards. It is exploring to supply critical healthcare equipment to hospitals engaged in treating COVID-19 patients. The company has also committed to offer use of its community health & medical centres 24X7 and use ambulances to transport patients to nearest hospitals.
L&T Smart World & Communication, a business unit of Larsen & Toubro, has installed smart technologies in over 20 major cities, including Mumbai, Pune, Nagpur, Prayagraj, Ahmedabad, Visakhapatnam, Hyderabad, etc. These technologies will help various state governments as well as local authorities to fight COVID-19 pandemic effectively.