Fast Retailing Co. Ltd. which is the parent company of global apparel retailer UNIQLO, announces that it is participating in the Covid crises by providing urgent support worth approximately Rs 220 million rupees which is around 3 million USD. This amount will help the people of India battle the sudden surge of COVID-19 cases.
The company will be donating Rs 100 million to non-profit organisations GiveIndia and the Akshaya Patra Foundation. Additionally, it has decided to provide the front line workers with more than 600,000 UNIQLO AIRism masks.
GiveIndia will effectively use these funds to provide instantly the urgent provisions of medical equipments such as oxygen concentrators and also to strengthen healthcare infrastructure in critical states. This will also serve as a cash relief for families of deceased and helpless. Funds that will be donated to Akshaya Patra Foundation will be utilised in providing cooked meals and dry ration supplies to low-income daily wage workers on BPL who are vastly impacted by the second wave.
The CEO, President and Chairman of Fast Retailing, Tadashi Yanai, believes that the company is committed to helping India, given the situation is highly critical. He believes that this an emergency that demands global solidarity and hopes that the company’s contribution will provide immediate support to the people and soon the country will be on a track to recovery. His team keeps everybody in prayers and thinks of the people who have been affected and the medical professionals who are working day and night to provide assistance during these difficult times.
Additionally, he also says that UNIQLO was welcomed into the Indian community about 19 months ago and as a global company it feels happy to be able to contribute to their Indian market in this challenging time.
Download EntNetwrk App for more updates.