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Hyundai commits support to central, state govts to fight Covid-19

Hyundai Motor India Foundation (HMIF), the CSR arm of Hyundai Motor India, on Saturday said it will contribute relief funds to the central and state governments to fight against Covid-19 pandemic.

PTI|
Last Updated: Apr 04, 2020, 04.08 PM IST
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Hyundai Motor India Foundation (HMIF), the CSR arm of Hyundai Motor India, on Saturday said it will contribute relief funds to the central and state governments to fight against Covid-19 pandemic. The foundation said it is also preparing to provide the Indian medical fraternity with much needed protective and patient care equipment.

"In these challenging times, our global vision - 'Progress for Humanity', holds us firmly rooted to core values of community service," Hyundai Motor India Ltd (HMIL) MD and CEO SS Kim said in a statement.

The company is committed to support India in this fight against the Covid-19 crisis and it is advancing its CSR initiatives that are aimed at enhancing support and care of society and communities, he added.

The auto maker will contribute to PM CARES Fund and Tamil Nadu Chief Minister's Public Relied Fund. It will also provide advanced Covid-19 diagnostic kits imported from South Korea.

HMIF said it will also join hands with local manufacturer to enhance the production of ventilators to meet growing demand in Tamil Nadu and other states.

Besides, it is working on in-house development of a prototype ventilator which has already been submitted to Tamil Nadu government for consideration, the automaker said.
(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)
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