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Schaeffler India Wins CII National Award for Water Management

Story Highlights
  • Schaeffler India is recognized for its Jal Samruddhi initiative, enhancing water security.
  • The project improved agricultural productivity and livelihoods in Pune’s rural areas.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Schaeffler India Wins CII National Award for Water Management

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An update from Schaeffler India Ltd ( (IN:SCHAEFFLER) ) is now available.

Schaeffler India has been awarded the CII National Award for Excellence in Water Management 2024–25 for its Jal Samruddhi CSR initiative. This project, in collaboration with the BAIF Development Research Foundation, has significantly improved water security and agricultural productivity in water-scarce regions of Pune, benefiting over 400 rural families. The initiative has led to a 40% improvement in cropping intensity, increased household incomes, and reduced dependency on tanker water, showcasing Schaeffler India’s commitment to community-centric sustainable development.

More about Schaeffler India Ltd

Schaeffler India is a leading motion technology company focused on providing innovative solutions in the field of motion and mobility. The company is involved in various initiatives aimed at sustainable development and community welfare.

Average Trading Volume: 6,011

Technical Sentiment Signal: Strong Buy

Current Market Cap: 608.1B INR

Find detailed analytics on SCHAEFFLER stock on TipRanks’ Stock Analysis page.

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