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Dollar Industries Ltd Pledges to Stand Strong by the People to Fight COVID-19


News provided by

Dollar Industries Ltd

03 Apr, 2020, 13:56 IST

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KOLKATA, April 3, 2020 /PRNewswire/ -- The COVID-19 pandemic marks an unprecedented time in modern history and it will require the best of humanity to overcome the battle. As a socially responsible company, Dollar Industries Ltd strongly believes that they have a responsibility towards the society at large and hence has risen to the occasion in this hour of crisis during the pandemic. India is under a 21-day nationwide lockdown as the government is taking up various measures to combat the spread of COVID-19 that has led to a global health scare.

There is a definite dearth of essential items and basic medical equipments mainly due to transportation being brought to a standstill, which people require in order to maintain safety and hygiene - one of the most essential ways to prevent COVID-19 from spreading.

In a bid to help needy and the poor families, Dollar Industries Ltd stepped into the shoes of humanity and contributed a huge portion in kind which included 6,000 kgs of rice, 40,000 packets of biscuits, 40,000 masks and 10,000 soap bars. These mentioned products are very much essential for a basic survival/living.

This huge distribution was done in West Bengal under the proper guidance of Kolkata Police (Central and North) and social workers, who made sure that these items were distributed in more than 60 wards across Kolkata. The distribution process was carried out maintaining the protocols of social distancing.

With factories and businesses facing the brunt of 21-day lockdown, enormous count of migrant workers are stranded without basic essentials like food and shelter. Jobless and homeless, many migrant workers are walking back on foot to their hometowns, thus posing a risk to themselves and others around them. Many workers are losing their lives after walking miles on road without any food and water, thus leaving this world without even meeting their near and dear ones. In this hour of need, management at Dollar Industries Ltd from Tirupur,Tamil Nadu took the responsibility to take care of the migrant workers and hence have turned their factories to a shelter for them. It has ensured the safety of its workers and distributed masks, hand washes, essentials, maintaining social distancing.

Speaking on the initiatives undertaken, Mr. Vinod Kumar Gupta, MD, Dollar Industries Ltd said, "At times like this, when people are putting their best foot forward to fight the COVID-19 outbreak, there are many aspects which need to be taken care of, one of the most important of which is making sure that essential items reach the people in need. We are trying our best to take care of the ones in need, because the stronger we are together, stronger will be our resistance against COVID-19."

About Dollar Industries Ltd:

From a humble beginning as a hosiery brand to a leading name in the innerwear segment, Dollar Industries Limited ranks among the top hosiery and garment manufacturing giants in India, covering entire range of knitted garments, from basic wear to outer wear. Behind its success lay a saga of business transformation, dedication, courage and confidence to swim against the tide and go beyond the call of duty. The focus has always remained on the demanding needs of a globalized world and end customer satisfaction. Today through its advanced quality products, Dollar has focused on achieving global excellence in cost, quality and productivity. The styles introduced by Dollar have always stayed in tune with the latest fashion.

Identical with top quality and value for money products, brand Dollar enjoys the trust of millions satisfied consumers across globe leaving far reaching footprints in global market.The company has a substantial pan-India presence and has established its market abroad, in countries like UAE, Oman, Jordan, Qatar, Kuwait, Bahrain, Yemen, Iraq, Nepal, and Sudan in past few years. The Company has also got listed in NSE & BSE in recent past.

Dollar Industries holds 15% of the total market share in the organised segment and is the first Indian innerwear company to have a fully integrated manufacturing unit which is equipped with all the latest processing technology and the top-most finishing range to produce finished raw material dyed in any possible colour. Dollar has focused on excellence in cost, quality and productivity.

Please visit website: www.dollarglobal.in  (BSE: 541403) (NSE: DOLLAR)

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