perm_identityKrishan Datt email@example.com
roomChandigarh Road , Ludhiana, Punjab - 141010
view_headlineArea of focusEducation
₹CSR Estimated budget ₹3,000,000
Incorporated in the year 1962, The Vardhman Group is a globally recognized textile conglomerate in India with an annual turnover of more than 1 billion USD. Spanning over 24 manufacturing facilities located in five states of the country, the Group’s business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel. The Group encompasses the following corporate entities - Vardhman Holdings Ltd, Vardhman Textiles Ltd, Vardhman Acrylics Ltd and Vardhman Special Steels Ltd.
Early on, Vardhman Group recognised its possible role in the development of society and was conscientious of the environmental impact of its activities. Today, the company has a full fledged CSR program that encompasses Education, Society, Environment and Health and Safety. The Company’s vision is to pursue a corporate strategy that enables shareholder value enhancement in a mutually reinforcing and synergistic manner.
The Vardhman Group has been engaged in the social economic growth around the local areas where it has manufacturing activities. This engagement has been through two Trusts (Smt. Banarso Devi Oswal Public Charitable Trust and Sri Aurobindo Socio-Economic and Management Research Institute) run by it as well as through direct activities or projects.
Areas identified for CSR are as follows:
1) Promotion of Education
2) Environment Protection adn Energy Conservation
3) Development of Human Capital
4) Rural Development
To continue our endeavour for promoting education by setting up schools, colleges to deliver high quality education to students of all strata of society.
To protect environment and to sustain and continuously improve standards of Environment, Health and Safety through the collective endeavour of Company and its employees at all levels towards attaining world class standards.
To encourage the development of human capital through skills development, vocational training programmes.
To contribute to development in rural areas near by unit of the Company and knowledge sharing and other social practices such as soil and moisture conservation and watershed management etc.
To contribute to empowering women economically, supplementing primary and secondary education and participating in rural capacity building programmes and such other schemes.
To respond to emergency situations & disasters by providing timely help to affected victims and their families.
Any other project/programme pertaining to activities listed in Schedule VII of the Companies (Corporate Social Responsibility) Rules, 2014 and amendments thereto.
The Vardhman Group has been engaged in the social economic growth around the local areas where it has manufacturing activities. This engagement has been through 2 Trusts (Smt. Banarso Devi Oswal Public Charitable Trust and Sri Aurobindo Socio-Economic and Management Research Institute) run by it as well as through direct activities or projects.
Sri Aurobindo Public School, Baddi is a Senior Secondary School, affiliated to CBSE, run by Smt. Banarso Devi Oswal Public Charitable Trust and sponsored by Vardhman Group of Industries. The School was initiated in April 1996, on the request of the Himachal Pradesh Government to the Vardhman Group to promote quality education in the region.
Sri Aurobindo Public School is recognised as the best school in the region andhas made its mark in academic as well as sports fields.
Sri Aurobindo College of Commerce and Management (SACCM) was set up in the year 2004 by Sri Aurobindo Socio-Economic and Management Research Institute.
The college is affiliated with Panjab University, Chandigarh and offers B.Com, B.Com (Hons) and BBA Programmes. SACCM campusis located in the pollution-free Village Jhande at Ludhiana.