As the COVID cases are on the decline in India JCB India is hopeful of a strong recovery towards the second half of the year.
CEO and Managing Director Deepak Shetty said “From a business standpoint, while we started the year on a strong note, expectedly we saw a disruption to the business cycle in May, We are hopeful of a strong recovery towards the second half of the year.
JCB India is focussing on getting its employees and their family vaccinated. Over 2,000 JCB India employees and their families have been vaccinated at camps held across its Ballabgarh, Pune and Jaipur facilities.
Shetty said: “However, right now it is all about how soon can we vaccinate all our employees and their families, and scale up operations in a safe and sustainable manner.”
He also said, “Between April and May, as the second wave spread, JCB also saw a surge in Covid cases in its factories. JCB was one of the first to take the hard stance of temporarily pausing all manufacturing operations to stop the spread of the virus.
“Multiple Covid Control Rooms were set up to monitor Covid-19 positive cases. The company also extended a telemedicine facility for all its employees in different parts of the country,”.
JCB said it will support the education of the children of its employees who succumbed to COVID-19 besides extending medical insurance for their families to 10 years as part of a relief package for its staff.
Under the initiative, JCB India said, apart from the term insurance policy benefits, the company will be supporting the education of the children of deceased employees to the tune of Rs 1 lakh per child, per year for their schooling and Rs 2 lakh per child, per year for three years for their graduation.