Cummins India Ltd.
Sales (2007-2008) =Rs.4200 crores (rounded off)
Net profit after tax =Rs.300 crores (rounded off)
CSR Budget= Not Available
Karmayog 2008 CSR Rating: 2/5
CSR activities:
Corporate Responsibility – Serve and improve the communities in which we live
Our responsibility clearly goes beyond our balance sheet. We believe that our business can only be as healthy as the local communities in which we operate. Therefore, we proactively look for pportunities to positively impact these communities. At the same time we have exercised strict discipline upon ourselves so that our community efforts are not pure philanthropy, but also serve to benefit the company long term.
The three priority areas that the Cummins Diesel India Foundation (CDIF) focuses on are:
- Higher Education (since we would appreciate hiring this talent)
- Energy and Environment related initiatives (since we are an energy related company)
- Local Community Infrastructure Development (since we induct employees from the community and our employees live in these communities)
We expanded the Cummins Scholarship program this year and granted 15 scholarships to deserving undergraduate engineering students from the economically backward class. Most of these students have been assigned a senior Cummins employee as a mentor and we are closely engaged with these scholars to help them develop and succeed. We intend to continue to expand this very promising and fulfilling initiative.
We are supporting an organization called Public Concern for Governance Trust (PCGT) which is focused on bringing integrity in our public governance mechanisms. Numerous education and awareness sessions have been held with various citizen groups. PCGT also celebrated the second anniversary of the Right to Information Act in October. An essay / slogan competition was organized for college students from across Pune in order to create awareness and seek the thoughts of the youth on subjects related to Right to Information. Winning entries were awarded at the event.
Through CDIF, the Company has contributed towards establishing the Cummins Lab at IITBombay, which is a training-cum-research facility at the campus in Powai for increasing awareness amongst students on alternative fuel based power generation systems.
On the business front, over the past few years we have been working on renewable fuels including producer gas or biomass. This has been in partnership with IISc, Bangalore. We have now released unique factory assembled generator sets running on producer gas. The intended use is in rural areas using renewable fuel such as wood, coconut shells etc. Cummins manufactured gas gensets have been designed with extensive field trials of over two years across many installations and several types of biomass. The system developed can provide power plants up to 1.5 MW which makes it a very attractive option for various rural industries as well as communities.
Source: www.cumminsindia.com:8080/xsql/cumminsIndia/CIL/annual_reports.html (pg 11 to 13)
www.cummins.com/cmiweb/attachments (Sustainability Report )
Contact Information:
Cummins India Ltd.
Kothrud
Pune 411 038
Maharashtra
Phone : 20- 2538-5435 / 0240 / 1105
Fax : 20- 2538-0125
E-mail : ashish_sinharoy@cummins.com
Website : www.cumminsindia.com
Industry Sector: Engines
Products / Services: Diesel engine designer and manufacturer above 200 HP.
Other locations of factories / offices: Offices in India and Abroad
Previous year�s CSR activities & rating
www.karmayog.org/csr500companies/csr500companies_7657.htm