Tata Sons announces Rs 1000 crore for Covid-19

Prameyanews English

Published By : Prameya News Bureau | March 28, 2020 IST

Mumbai, March 28: Tata Sons today announces an additional Rs. 1000 crores support towards Covid-19 19 and related activities. Earlier today, Ratan N. Tata, Chairman, Tata Trusts, has announced a set of actions and committed Rs 500 crores towards tackling the situation. “The current situation in India and other parts of the world owing to the impact of COVID 19 is very worrisome and requires our very best action.  We will work together with the Tata Trusts and our Chairman Emeritus Mr. Tata and would be fully supporting their initiatives, and work in a collaborative manner to bring the full expertise of the group,” said Chairmanof Tata Sons N. Chandrasekaran. “In addition to the initiatives articulated by Tata Trusts, we are also bringing in the ventilators necessary and are gearing up to also manufacture the same soon in India. The country is facing an unprecedented situation and crisis. All of us would have to do whatever it takes to alleviate and enhance the quality of lives of the communities we serve,” he added.

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