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Diamond Power Infrastructure: Proudly aligned to the Companies Act 2013

diamond power infrastructure md

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Dicabs

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.

India is investing in future so are we : Diamond Power Infrastructure MD

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.

CSR Activities of Dicabs

  1. Eliminating hunger, poverty and malnutrition prevailing largely in the country, and promoting good healthcare and sanitation facilities
  2. Making safe drinking water available for in and around its operational locations
  3. Promoting education for all, including special education, and providing employment to the locals
  4. Helping the unemployed to enhance their vocational skills, especially among children, women, elderly through organizing livelihood enhancement projects
  5. Promoting gender equality, empowering women, setting up homes and hostels for women and orphans, old age homes, day care centers and such other facilities for senior citizens
  6. Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro-forestry, conservation of natural resources and maintaining quality of soil, air and water;
  7. Preservation of the national heritage, art and culture, which includes restoration of sites of historical importance and works of art
  8. Financially backing up the military veterans, war widows and their dependents
  9. Setting up camps to promote sports in remote areas of the country, to encourage the promising talent to participate in sporting events
  10. In line with the Prime Ministers’ National Relief Fund, the company provides funds for the country’s socio-economic development. It also contributes towards the welfare of the backward classes and minorities
  11. Funding the technology incubators within the government approved academic institutions

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.

3 Comments

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