Sunday, April 20, 2025

Covid-19: Anand Mahindra to contribute his full salary

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Anand Mahindra, the Chairman of Mahindra & Mahindra has offered his full salary to deal with Coronavirus. He has also directed his group to immediately begin work on the manufacturing of ventilators at its own factories as Covid-19 appears to be reaching stage 3 of transmission.

Anand Mahindra on Sunday tweeted that we will encourage associates to voluntarily contribute to the Fund. I will contribute 100% of my salary to it & will add more over the next few months. I urge all our various businesses to also set aside contributions for those who are the hardest hit in their ecosystems (5/5)

He also said “A lock-down over the next few weeks will help flatten the curve and moderate the peak pressure on medical care. However, we need to create scores of temporary hospitals and we have a scarcity of ventilators. To help in the response to this unprecedented threat, we at Mahindra Group will immediately begin work on our manufacturing facilities can make ventilators.”

The coronavirus pandemic will leave behind a global recession with small businesses, self-employed and daily wagers taking the worst hit, Mahindra Group Chairman Anand Mahindra said

Mr. Mahindra added that Mahindra Holidays will offer resorts as temporary care facilities and the group’s project team stands ready to assist the Govt/Army in erecting the temporary care facilities.

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