Greaves Cotton Limited launches ‘PRIME’reskilling program totransform Mechanics into Entrepreneurs

Chennai, 14th May2018: The industry leader in last mile transportation solutions, Greaves Cotton Limited, today announced the launch of its latest CSR project PRIME, focusing on Reskilling Mechanics into Entrepreneurs. Following the success of its multiple social initiatives in the past, Greaves Cotton Limited aims to continue contributing to the betterment of the society, this time by providing mechanics an opportunity to grow their business.

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The Program on Real Independence & Mechanic Empowerment (PRIME) is an initiative that recognizesmechanics as valuable contributors to mobility ecosystem and enablesthem to play on their strengths and grow in the field of auto motives and spares. Through the PRIME program,Greaves Cotton Limited aims toreskill mechanics and help them become independent entrepreneurs, by opening up their own spares shop, service center / small garage and by advising customers. To help ease this process of setting up a new business, the program also provides financial assistance to the mechanics by arranging initial capital investment. Through a 90-day plan on growing businessdevelopments coupled with expert training, Greaves Cotton Limited is all geared up tohelp mechanics move up in life, be independent and be empowered.

Speaking about the PRIME program, Mr. Nagesh Basavanhalli, MD and CEO of Greaves Cotton Limitedcommented“As a responsible conglomerate, westrongly believe in the philosophy of Care, Commitment and Compassion towards service to our customers, the progress of our nation and contributing to the betterment of the society. Under this reskilling program, we’re supporting mechanics get technical training business know-how & guide on financial assistance thus enabling them become entrepreneurs.As a small step we have implemented this program across 4 Zones and 20 locations in India, targeting 500 mechanics with 1000 training man hours.

Over the years, CSR has been at the forefront for Greaves Cotton Limited. With PRIME, Greaves Cotton Limited hopes, the participatingmechanics will rise in knowledge, workmanship skills and become independent to earn and provide livelihood to many more people and elevate their living standards. They will become future growth catalysts in their families and societies and that is the objective of building this program.

About Greaves Cotton Ltd:

Greaves Cotton Limited, a Rs.1800 crore, multi-product, multi-locational company is one of the leadingengineering companies in India with core competencies in fuel agnostic powertrain solutions and services, farm equipment and Gensets. The Company sustains its leadership through six manufacturing units which produce world class products backed by comprehensive spares and service through its 3500 plus service outlets across India. It also manufactures approximately 400,000 engines annually at their plants in Pune, Aurangabad and Ranipet. This segment provides the most affordable mobility solutions to the majority of population in India, moving more than 1 crore passengers and 5 lakh tonnes of cargo every day.   More at www.greavescotton.com

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