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Welspun initiates digitisation drive for its workers
Jan '17
Courtesy: Welspun
Courtesy: Welspun
Welspun Group, India’s largest textile conglomerate, has initiated the country’s biggest digitisation drive involving 15,000 of its workers using the RBI’s Unified Payment Interface (UPI) to promote cashless economy. In a mass event, 500 workers of the firm installed the UPI app and will further be trained on using the application for online transactions.

At the event held at the Anjar plant, and presided by Dr Kavita Gupta, IAS, textile commissioner, the Welspun team demonstrated the usage of the application in making purchases, transferring money, paying tuition fees and utility bills. Welspun will further initiate the rest of 14,500 workers to the digital application in the coming weeks.

Besides the UPI app, the three-day camp saw Welspun workers being made aware of other digital mode of payment systems such as Unstructured Supplementary Service Data (USSD), prepaid wallets, cards, Point of Sale (PoS) and Aadhar enabled payment transfer system among others.

“We should at least make a beginning, once we start, we will move ahead with great ease. Twenty years ago, who would have thought that so many mobiles would be in our hands. Slowly we cultivated a habit and now we cannot do without a mobile. May be a cashless society will assume a similar form. But the sooner this happens, the better it will be,” said Gupta.

Following demonetisation, there has been a rise in digital payments across the country and both the volume and amount of money transacted through digital methods has increased, said the company in a statement.

“Welspun Group’s digitisation drive comes in the backdrop of Prime Minister Narendra Modi’s two prestigious projects – Economy Digitisation and Vibrant Gujarat. The drive will bring around 15,000 Welspun workers into the fold of the cashless economy, empowering an equal number of families and opening up a future of digital lifestyle. It is an important start and we are thankful to the textile commissioner for her initiative and support,” said Rajesh Mandawewala, group managing director, Welspun Group. (KD)

Fibre2Fashion News Desk – India

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