Tatas Pledge Rs 1,500 Crore to Help India Fight Coronavirus Crisis

Tata Trusts committed Rs 500 crore and Tata Sons pledged Rs 1,000 crore to help fight the coronavirus crisis.

Tata Trusts committed Rs 500 crore and Tata Sons pledged an additional Rs 1,000 crore to aid India’s fight against the coronavirus crisis.

(Photo: Altered by The Quint)

On Saturday, 28 March, Tata Trusts committed Rs 500 crore and Tata Sons pledged an additional Rs 1,000 crore to aid India’s fight against the coronavirus crisis.

That is a total of Rs 1,500 crore in contributions by the Tatas.

“The COVID 19 crisis is one of the toughest challenges we will face as a race. The Tata Trusts and the Tata group companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time.”

Ratan Tata, Chairman Emeritus of Tata Sons and Chairman of Tata Trusts

What Work Will the Contributions Be Directed Towards?

According to Ratan Tata’s statement, Tata Trusts is committing Rs 500 crore for the following:

• Personal Protective Equipment for the medical personnel on the frontlines
• Respiratory systems for treating increasing cases
• Testing kits to increase per capita testing
• Setting up modular treatment facilities for infected patients
• Knowledge management and training of health workers and the general public

Tata further added, “The Tata Trusts, Tata Sons and the Tata group companies are joined by committed local and global partners as well as the government to fight this crisis on a united public health collaboration platform which will strive to reach out to sections that are underprivileged and deprived.”

Tata Sons Announces Additional Rs 1,000 Crore in Aid

A couple of hours after Ratan Tata announced Tata Trusts’ contribution, Tata Sons declared that they would be contributing an additional 1,000 crore rupees to support the fight against COVID-19 and related activities.

“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.”

N Chandrasekaran, Chairman of Tata Sons

Read Ratan Tata’s full statement here.

Ratan Tata’s statement.(Photo courtesy: Twitter)

And here is the full statement by N Chandrasekaran, Chairman of Tata Sons.

“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. Earlier today, Mr. Ratan N. Tata, Chairman, Tata Trusts, announced a set of actions and committed Rs. 500 Crores towards tackling the situation.

Tata Sons announces an additional Rs. 1000 Crores support towards COVID 19 and related activities. 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.

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.”

Praise Pours in on Social Media

The announcements by the Tatas were met with a flood of praise and adulation on social media.