SALCOMP AND NORDSTJERNAN SUPPORT INITIATIVES

Salcomp and Nordstjernan through their Indian organisation, Salcomp Manufacturing India Ltd, have partnered with Hand in Hand through an MoU signed on the 15 April 2008 to execute their Corporate Social Responsibility programme in India for the next two years. The partnership was inaugurated in Kolathur village with the presence of the Salcomp board members from Sweden and Hand in Hand representatives.

The programmes under this partnership would be to provide soft skill and vocational skill training to 2,250 men and women in about 90 batches and make them employable in the nearby Special Economic Zones (SEZs) with a prospect of a good absorption by Salcomp and Nokia. The programme also includes a comprehensive environmental initiative with solid waste management and bio-gas plants in two villages of Kancheepuram, a total sanitation project with community participation in another two villages, and support to the renovation of primary health centres in rural areas of Kancheepuram district. The project outlay is estimated at USD 200,000 for a 24-month period.

This signifies the commitment of foreign companies like Salcomp to improve the lives of the communities in the area they are located in through their Corporate Social Responsibility programme.

For further reading, please see the article in The Hindu, 16 April 2008 here.