With Companies Act 2013, India became the first country to mandate Corporate Social Responsibility (CSR) for all companies. Business houses, with annual revenues of over 10 billion rupees are required to entrust at least 2 per cent of their net profit to charity.India is home to a few family-led conglomerates that have a long tradition of serving the society. Headed by Amit Bhatnagar, Diamond Power Infrastructure MD (Dicabs) has a legacy of undertaking welfare initiatives for the socio–economic development of the country.
The company has been serving the underprivileged communities in the country, by being a responsible business house. Diamond Power Infrastructure Ltd has also been carrying out various initiatives, in the vicinity of all its manufacturing units, thereby fulfilling duties towards the society.
Amit Bhatnagar vadodara believes that CSR must be broadened beyond the statutory requirements, for helping people improve their living standards. During the product development, the experts ensure to produce environment-friendly products, thereby eliminating any adverse impact on the society, at large. The motive for CSR is pronounced to establish in a sustainable business model, which turns out to be favorable for a hale society.
The company’s core philosophy stands firm on ingenious and action-based solutions to help the underprivileged sections of society accomplish their aspirations. This can be achieved through suitable advancements in the areas of health, education, sanitary and employment. Every financial year, MD Amit Bhatnagar earmarks funds for the CSR activities.
At Dicabs, CSR activities for empowering communities and achieving a holistic growth of the country are an integral part. Being a major economic power, the company has always been significantly contributing towards India’s growth story.
Tier rankings also put significant weight on manufacturing capacity – Manufacturers who achieve ‘Tier 1’ status are usually among the largest manufactures in the world.