As the coronavirus pandemic has affected the entire country, LNJ Bhilwara Group company, a multi-product and services conglomerate with ventures in areas as diverse as textiles, graphite electrodes and power, has decided to stand with the central and state governments of India by donating a total sum of ₹5.51 crore in COVID-19 relief funds.

The company has decided to bifurcate the amount as ₹2 crore to the PM-Cares fund, ₹1.5 crore to the Madhya Pradesh CM Relief fund, ₹1.01 crore to the Rajasthan CM Relief fund, ₹50 lakh to the Himachal Pradesh CM Relief fund and ₹30 and ₹lakh to the Bhilwara and Ajmer Local DM Relief fund respectively.

Promoters of the group companies (HEG Ltd and RSWM Ltd) have decided to undertake a 50 per cent cut on their basic salaries for the year 2020-21. All guest house facilities of RSWM Ltd around Bhilwara district totalling 80 beds have been offered for quarantine procedures to local authorities.

“We stand with the government and the people in this crisis and will extend our entire support to help combat the pandemic,” said Ravi Jhunjhunwala, chairman of LNJ Bhilwara Group. “The company through Jawahar Foundation is working on ground for food packet distribution and is working directly in the districts of Bhilwara and Ajmer providing food relief packages to underprivileged families.”

LNJ Bhilwara Group was founded in 1960 by LN Jhunjhunwala and established as a textile mill. The group has completed 50 years. The group has strategically diversified and stands proud as a multi-products and services conglomerate. The group is proud to have played a pioneering role in many contemporary businesses.

Fibre2Fashion News Desk (PC)

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