Social arm of TVS Motor to invest Rs 100 mn in water conservation
WATER & WASTE

Social arm of TVS Motor to invest Rs 100 mn in water conservation

The social arm of TVS Motor Company, Srinivasan Services Trust and Sundaram-Clayton Ltd. two of the world's largest automakers, has invested more than Rs 210 million in water conservation initiatives in Tamil Nadu and Maharashtra over the past six years, the firm announced. According to the corporation, Srinivasan Services Trust further intends to invest more than Rs 100 million in water conservation projects over the next three years.

According to a news statement from the Trust, it has completed 350 projects, including the desilting of tanks and irrigation channels which has increased the amount of water that can be stored in villages in Tamil Nadu and Maharashtra. The Trust has carried out programmes, including the construction of 19 check dams and 120 agricultural ponds, in the TN districts of Tiruvannamalai, Tirupattur, and Krishnagiri with the help of the local communities and the National Bank for Agriculture and Rural Development (NABARD).

Swaran Singh, Chairman, Srinivasan Services Trust, stated, “The mission of Srinivasan Services Trust to assist rural communities is motivated by a single vision: the empowerment and self-sufficiency of rural India. This new water conservation expenditure brings that goal closer to reality.” In order to aid in the sustainable management of water resources, Srinivasan Services Trust will continue to identify places and implement activities using scientific approaches, he continued.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

The social arm of TVS Motor Company, Srinivasan Services Trust and Sundaram-Clayton Ltd. two of the world's largest automakers, has invested more than Rs 210 million in water conservation initiatives in Tamil Nadu and Maharashtra over the past six years, the firm announced. According to the corporation, Srinivasan Services Trust further intends to invest more than Rs 100 million in water conservation projects over the next three years. According to a news statement from the Trust, it has completed 350 projects, including the desilting of tanks and irrigation channels which has increased the amount of water that can be stored in villages in Tamil Nadu and Maharashtra. The Trust has carried out programmes, including the construction of 19 check dams and 120 agricultural ponds, in the TN districts of Tiruvannamalai, Tirupattur, and Krishnagiri with the help of the local communities and the National Bank for Agriculture and Rural Development (NABARD). Swaran Singh, Chairman, Srinivasan Services Trust, stated, “The mission of Srinivasan Services Trust to assist rural communities is motivated by a single vision: the empowerment and self-sufficiency of rural India. This new water conservation expenditure brings that goal closer to reality.” In order to aid in the sustainable management of water resources, Srinivasan Services Trust will continue to identify places and implement activities using scientific approaches, he continued.

Next Story
Real Estate

Singapore's CapitaLand Plans Major India Expansion

CapitaLand Investment Limited (CLI), one of Singapore's largest real estate investment managers, has announced plans to significantly expand its investments in India. The company aims to more than double its India portfolio by 2028, signaling its confidence in the country?s burgeoning real estate market. Current Portfolio and Growth Target: CLI currently manages assets worth USD 3.3 billion in India. With its sights set on future growth, the company is targeting a dramatic increase in its India investment kitty to over USD 7 billion by 2028. This move comes as part of a broader strategy to ca..

Next Story
Infrastructure Transport

Air India MRO Facility Key Hub

Air India has launched a state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility at Bengaluru Airport City, establishing a crucial hub for aircraft servicing in India?s burgeoning aviation sector. This new MRO facility aims to enhance Air India?s operational capabilities, improve turnaround times for aircraft maintenance, and reduce reliance on overseas servicing. Strategic Importance of Bengaluru: The facility, located at the Kempegowda International Airport (KIA) in Bengaluru, is strategically positioned to serve as a critical aviation hub. Bengaluru is a key center for both domest..

Next Story
Infrastructure Transport

BMC Notifies Properties for Water Tunnel

The Brihanmumbai Municipal Corporation (BMC) has initiated a crucial step in Mumbai's infrastructure development by notifying several properties for its ambitious underground water tunnel project. This project aims to bolster the city's water supply system, ensuring a more reliable and efficient distribution network. Project Overview: The underground water tunnel project is designed to address Mumbai's increasing demand for water by creating a robust network of tunnels deep below the surface. This tunnel system will transport water from reservoirs directly to various parts of the city, signif..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000