INDIA'S FOREMOST
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Supreme Infrastructure India Ltd. moves a step ahead in its CSR policy by providing vocational training to the youth and absorbing them as workforce. In the process, it empowers lives, sustains livelihoods and creates an equitable society.

 

 

By virtue of being an infrastructure developer ina ‘development starved’ country like India, Supreme Infrastructure India Limited (SIIL) is already pledged towards the chronicles of corporate philanthrophy. After all, the infrastructural bottleneck has been the biggest challenge in halting India’s sustained economic growth and lowering its economic competitiveness. Lack of high-quality physical and social infrastructure has been the prime hurdle in enabling India’s growth to become more inclusive and sustainable and making its economy turnaround.

SIIL is a diversified EPC player and an integrated infrastructure enterprise. The Company has developed solid competencies, operational abilities and skill-sets in executing large-scale and challenging projects across different geographies and business verticals in the EPC segment. The Company has a healthy current order book of Rs 60 billion executable over the next 2-3 years.

SIIL is not the one to have rested on past laurels. It doesn’t envision its role in building India’s infrastructure as one of Corporate Social Responsibility.In fact, SIIL contemplates CSR as a distinct activity to its core business, with a larger objective to invest part of its profits beyond business for the society’s larger good. Its endeavour is to enable people with the wherewithal to become more productive by weaving in the concept of sustainable livelihoods.

Towards this objective, SIIL has been undertaking several projects, including facilitating quality education for students – providing computers, books, notebooks and stationery. It recently another feather in its cap towards its aim of sustaining appropriate development programs for its neighbouring communities. SIIL inaugurated the Supreme Technical Institute (STI), a vocational educational institute, at Talavli, Padgha (Bhiwandi, Thane, Maharashtra) in October 2013, which provides vocational courses to students. The institute also offers free IT education to the society’s youth.

The institute was inaugurated by ShriJeevanSonawane, the Honourable Commissioner of Bhiwandi Nizampur Municipal Corporation. Other honourable guests who attended the event were: Shri Kapil Patil, Chairman, Thane District Central Co-operative Bank –TDCCB and Vice President of NCP Maharashtra; Shri Mohan Andhere President – Rural District & NCP; Shri Pandit Patil, Industrialist; and Shri Suresh Manore, Police Incharge – Padgha.

 

 

Outcome - Understanding Market Expectations & Investor
Perception

  • By Tracking Pre-Result Analyst Estimates and Post- Result Change in Analyst Estimates for the Corporate
  • Tracking Coverage on the Company and Change in Buy / Sell ratings Post the Quarterly Results
  • Understanding the Rationale for the Change in Ratings provides Good Insight into Investor Perception

SIIL feels a great responsibility towards the society’s development. “We sincerely believe that education and employment are two major concerns deterring India’s development. Our new institute is aimed towards fulfilling our vision of achieving our objective and contributing towards the society,” said Shri Bhawanishankar H. Sharma, SIIL’s Chairman.

The institute is aimed towards the society’s economically diffident and under-privileged segment by offering them free-of-cost IT courses. Affiliated by the Maharashtra State Board of Vocation Education Examination (MSBVEE), there are six-monthly certificate courses offered by STI. These are: Servicing and Repairing of Diesel Engine; Automobile Electrical & Electronics Mechanic; and Road Construction, culminated with an examination under the Maharashtra State Board. More courses will get added in a phased manner, besides a special wing being incorporated for female students.

The students will be provided orientation through workshops, followed by actual induction being conducted at SIIL’s offices. The move is aimed towards enriching the knowledge of students and enabling them to gain the required expertise in their respective domain. Upon successful completion of their course, the candidates will get absorbed within SIIL’s corporate workforce.

According to Mr. Sharma, SIIL’s endeavour through such initiatives is to actively contribute towards the social and economic development of communities it operates in. “Our activities are suitably designed to build individual capabilities, thereby creating a sustainable way of life for the weaker sections and positively impacting their lives,” said Mr. Sharma.

The SIIL management maintains that its CSR policy continues to be to function as a responsible corporate citizen, while discharging its social responsibilities towards stakeholders. Through its CSR initiatives, SIIL remains committed to raise India’s human development index and fulfil its bit in eliminating the structural imbalances in the Indian economy.

- IR Connect
Editorial Team