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

27 Mar 2023 CW Team

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.

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