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Our mission is to positively impact as many lives possible

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ICR engages Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corp, in a detailed conversation about the company’s Corporate Social Responsibility initiatives, its success stories and vision for the future.

What is your vision and mission for Nuvoco’s CSR programme?
Through our corporate social responsibility projects and sustainable development initiatives, we envision the creation of a self-reliant world – one in which local communities can positively engage and create tangible value. Our mission is to positively impact as many lives as possible through projects on health, education, livelihood and environment protection by partnering with relevant stakeholders to contribute to achieving UN Sustainable Development Goals.

What is the budget allocated by your organisation for CSR and community building activities? What will be the areas of focus for FY 2022-23?
Nuvoco has had a long-standing commitment to sustainable development through its core value of ‘Care’. The company’s CSR activities are based on five overarching themes namely:

  • Sangrahit Bharat (Natural Resource Management & Clean Energy)
  • Swasth Bharat (Health)
  • Shikshit Bharat (Education)
  • Saksham Bharat (Livelihood)
  • Sanrachit Bharat (Infrastructure development)


The pandemic-induced disruptions over the past two years have led to major setbacks for primary and secondary education, this is especially true for children from disadvantaged backgrounds and socio-economically weaker sections of society, who didn’t have the same access to online education as their urban counterparts. Hence, for FY23, our focus will be on improving the health status of women and children, and promoting quality education infrastructure.

Which of your flagship CSR projects have been the most successful? What are its most notable achievements?
Below are some of Nuvoco’s most notable flagship CSR projects that we would like to highlight.
Project Daksh: Last year, in association with Shahi Exports, Nuvoco provided training in industrial skills to more than 175 girls from rural areas of which nearly 150 girls have been successfully employed in various organisations. Nuvoco also provided basic training on bedside patient assistance to these young girls to increase their employability. These skills training programmes have helped girls from socio-economically disadvantaged backgrounds garner meaningful job opportunities and sustain their families in rural areas.
Project Samriddhi: In the last year, Project Samriddhi has helped train more than 750 farmers in new and improved agriculture techniques and methods. We have trained farmers in West Bengal in SRI (System of Rice Intensification) – a method of paddy cultivation. Through this, they were able to enhance their paddy productivity by 25 to 30 per cent. We have also trained 100 women farmers in mushroom cultivation and this has helped them to earn an additional income of around 3000 to 4000 rupees per month. We also federated 450 women farmers to form a Sanchari Women Farmer Producer Company Limited; so far, they have collected a total share capital of 4.5 lacs for the registration of the company.
Project TARA: This project aims to support the frail healthcare infrastructure in villages and improve healthcare services in rural areas in India surrounding Nuvoco’s plants and factories.

  • Through project TARA, we have adopted 162 anganwadis near our Chittorgarh Cement Plant and are working to transform them into model recreational units.
  • We also aim to achieve 100 per cent ANC (Ante-Natal Care) tests for pregnant women in our project villages. To achieve this, we have provided mobile Ante-Natal Care (ANC) check-up kits that are integrated with a mobile app to the government health workers in these rural areas. Government health workers like ANM (Auxiliary Nurse and Midwife), ASHA (Accredited Social Health Activist) and AWW (Anganwadi Worker) were trained to operate the kits and conduct compulsory ANC for pregnant women in our project villages. Through this initiative, we have been able to bring crucial ANC facilities to the doorstep of rural families in need.
  • Furthermore, there is another initiative called the Girls Health Group wherein we seek to address health issues faced by adolescent girls in rural areas. Our team decided to form these groups across rural areas so that girls from every village can become members and discuss issues related to their health with their peers and seek solutions for them. For instance, the non-availability of sanitary napkins in villages was a major problem for young girls and women. In order to tackle this issue, we started sanitary pad banks in villages through our GHGs. Today, we are proud to highlight that almost every girl in our project village has access to sanitary napkins, thereby improving their menstrual hygiene and limiting the occurrence of infections.

How many women from Aakriti, an initiative under Saksham Bharat, have been empowered since its inception?
Project Aakriti is one of our most successful and unique initiatives that has helped to accelerate progress toward the economic empowerment of rural women. This project started in 2014 as a single Stitching Training Centre, today, it has graduated to a ‘Production Centre’ with a turnover of more than 20 lakhs per annum, supporting the livelihood of more than 400 women across locations (Mejia, Sonadih and Arasmeta). All the women trained under project Aakriti have benefitted immensely from the skills imparted and most of them are now self-employed or have jobs. Due to its extraordinary success, the project was the winner of the FICCI CSR Award 2017-18 for Women Empowerment.

What efforts have been taken by your organisation in the education sector? What has its impact been on the children?
We have installed state-of-the-art smart classes in 40 government schools across five states. These smart classes have audio-visual course content in local languages from class 1 to class 12, making it easier for students in higher secondary classes to grasp complex science and mathematical concepts. These smart classes proved to be a huge boon for both students and teachers during the lockdown as they could use the content for online classes and ensure that learning wasn’t interrupted. Overall, the project has ensured that the quality of education in government schools is improved and that there is a rise in digital-forward education practices in rural areas that often tend to get left behind when it comes to adopting tech-based education.

How did the pandemic impact your community-building activities?
The pandemic has had a significant impact on our community development projects and initiatives. Due to the devastating impact of Covid-19 across the country, we had to pivot and shift our focus to relief related activities such as setting up Covid Care centres in villages, conducting sanitization drives, spreading awareness on Covid-19 protocols and providing sanitisers and face masks to the villagers.

In which areas are you planning to expand your CSR and community building activities? What results are you expecting from the same?
In the past few years, we have streamlined our CSR activities so that there is an increased focus on achieving Global Sustainable Goals. Last year, we added the theme of Sangrahit Bharat through which we will be focusing on natural resource management and promoting clean energy initiatives in villages. Apart from our other themes of health, education and livelihood, this theme will focus on promoting the sustainable use of natural resources, especially groundwater – an increasingly scarce resource across the country. We will work towards improving groundwater availability through recharging, rainwater harvesting and reducing the rampant use of underground water. This will involve activities such as constructing recharging pits, anicuts on small water streams and rainwater harvesting structures in local buildings.
We will also focus on promoting clean energy initiatives in villages by installing solar street lights, promoting the use of solar pumps, and installing small solar plants in community buildings like panchayat offices, primary health centres in villages, government school buildings, etc.

What are the biggest challenges you face while building and empowering communities around your plants?
One of the biggest challenges that we face while building and empowering communities around our plants is the matter of creating ownership of projects among stakeholders. Community members often feel that it is our responsibility to continue to run all the projects for an indefinite period rather than for a fixed period with a particular objective.
Also, since most of the villages we work with are situated in remote rural areas that lack basic infrastructure facilities, we often face resistance when it comes to implementing health, education and livelihood-based programmes. Hence, a lot of knowledge sharing, and awareness creation activities are conducted to convince communities to accept the facilities.

Tell us about the awards and accolades

  • won by your organisation for CSR and community building.
  • 2015-16 – BT CSR Award by Bureaucracy Today for innovative CSR projects
  • 2016-17 – FICCI CSR Award (Jury Recommendation) for Women empowerment
  • 2017-18 – FICCI CSR Award for Women Empowerment
  • 2017-18 – NGO Box CSR Award for Women Empowerment
  • 2018-19 – FICCI CSR Award (Jury Recommendation) for Education.

Kanika Mathur

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UltraTech Appoints Jayant Dua As MD-Designate For 2027

Executive named to succeed current managing director in 2027

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UltraTech Cement has appointed Jayant Dua as managing director (MD) designate who will take charge in 2027, the company announced. The appointment signals a planned leadership transition at one of the country’s largest cement manufacturers. The board has set a clear timeline for the handover and has framed the move as part of a structured succession plan.

Jayant Dua will be referred to as MD after assuming the role and will be responsible for overseeing operations, strategy and growth initiatives across the company’s network. The company said the designation follows established governance norms and aims to ensure continuity in executive leadership. The appointment is expected to allow a phased transfer of responsibilities ahead of the formal changeover.

The decision is intended to provide strategic stability as UltraTech Cement navigates domestic infrastructure demand and evolving market dynamics. Management will continue to focus on operational efficiency, capacity utilisation and cost management while aligning investments with long term objectives. The board will monitor the transition and provide further information on leadership responsibilities closer to the effective date.

Investors and market observers will have time to assess the implications of the announcement before the change is effected, and analysts will review the company’s outlook in the context of the succession. The company indicated that it will communicate any additional executive appointments or organisational changes as they are finalised. Shareholders were advised to refer to formal filings and company releases for definitive details on governance or remuneration.

The leadership change will be managed with attention to stakeholder interests and operational continuity, and the company reiterated its commitment to delivery on ongoing projects and customer obligations. Senior management will engage with employees and partners to ensure a smooth handover while maintaining focus on safety and compliance. Further updates will be provided through official investor communications in due course.

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Concrete

Merlin Prime Spaces Acquires 13,185 Sq M Land Parcel In Pune

Rs 273 crore purchase broadens the developer’s Pune presence

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Merlin Prime Spaces (MPS) has acquired a 13,185 sq m land parcel in Pune for Rs 273 crore, marking a notable expansion of its footprint in the city.

The transaction value converts to Rs 2,730 mn or Rs 2.73 bn.

The parcel is located in a strategic area of Pune and the firm described the acquisition as aligned with its growth objectives.

The deal follows recent activity in the region and will be watched by investors and developers.

MPS said the acquisition will support its planned development pipeline and enable delivery of commercial and residential space to meet local demand.

The company expects the site to provide flexibility in product design and phased development to respond to market conditions.

The move reflects an emphasis on land ownership in key suburban markets.

The emphasis on land acquisition reflects a strategy to secure inventory ahead of demand cycles.

The purchase follows a period of sustained investor interest in Pune real estate, driven by expanding office ecosystems and residential demand from professionals.

MPS will integrate the new holding into its existing portfolio and plans to engage with local authorities and stakeholders to progress approvals and infrastructure readiness.

No financial partners were disclosed in the announcement.

The firm indicated that timelines will depend on approvals and prevailing market conditions.

Analysts note that strategic land acquisitions at scale can help developers manage costs and timelines while preserving optionality for future projects.

MPS will now hold an enlarged land bank in the region as it pursues growth, and the acquisition underlines continued corporate appetite for measured expansion in second tier cities.

The company intends to move forward with detailed planning in the coming months.

Stakeholders will assess how the site is positioned relative to existing infrastructure and connectivity.

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Concrete

Adani Cement and Naredco Partner to Promote Sustainable Construction

Collaboration to focus on skills, technology and greener practices

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Adani Cement has entered a strategic partnership with the National Real Estate Development Council (Naredco) to support India’s construction needs with a focus on sustainability, workforce capability and modern building technologies. The collaboration brings together Adani Cement’s building materials portfolio, research and development strengths and technical expertise with Naredco’s nationwide network of more than 15,000 member organisations. The agreement aims to address evolving demand across housing, commercial and infrastructure sectors.

Under the partnership, the organisations will roll out skill development and certification programmes for masons, contractors and site supervisors, with training to emphasise contemporary construction techniques, safety practices and quality standards. The programmes are intended to improve project execution and on-site efficiency and to raise labour productivity through standardised competencies. Emphasis will be placed on practical training and certification pathways that can be scaled across regions.

The alliance will function as a platform for knowledge sharing and technology exchange, facilitating access to advanced concrete solutions, innovative construction practices and modern materials. The effort is intended to enhance structural durability, execution quality and environmental responsibility across developments while promoting adoption of low-carbon technologies and green cement alternatives. Companies expect these measures to contribute to longer term resilience of built assets.

Senior executives conveyed that the partnership reflects a shared commitment to strengthening quality and sustainability in construction and that closer engagement with developers will help integrate advanced materials and technical support throughout the project lifecycle. Leadership noted the need for responsible construction practices as urbanisation accelerates and indicated that the association should encourage wider adoption of green building norms and collaboration within the real estate and construction ecosystem.

The organisations said they will also explore integrated building solutions, including ready-mix concrete offerings, while supporting initiatives aligned with affordable and inclusive housing. The partnership will progress through engagements, conferences and joint training programmes targeting rapidly urbanising cities and growth centres where demand for efficient and environmentally responsible construction grows. Naredco, established under the aegis of the Ministry of Housing and Urban Affairs, will leverage its policy and advocacy role to support implementation.

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