Walmart to donate 20 oxygen-generating plants, cryogenic containers to India to fight Covid-19
SECTIONS
Last Updated: May 01, 2021, 12:25 PM IST
Share
Synopsis
Walmart will donate up to 20 oxygen-generating plants and 20 cryogenic containers to India for the storage and transportation of the life-saving gas and also provide USD 2 million to non-governmental organisations to help them fight the devastating surge in coronavirus cases, the American retail giant has announced.
Agencies
Walmart will donate up to 20 oxygen-generating plants and 20 cryogenic containers to India for the storage and transportation of the life-saving gas and also provide USD 2 million to non-governmental organisations to help them fight the devastating surge in coronavirus cases, the American retail giant has announced.
COVID-19: Walmart to donate 20 oxygen-generating plants, cryogenic containers to India
The decision by Walmart came as India continues to witness a steep increase in the number of COVID-19 cases and deaths, crippling its health facilities, especially the supply of oxygen.
Share Via Email
| A+A A- By PTI
WALMART: Walmart will donate up to 20 oxygen-generating plants and 20 cryogenic containers to India for the storage and transportation of the life-saving gas, and also provide USD 2 million to non-governmental organisations to help them fight the devastating surge in coronavirus cases, the American retail giant has announced.
The decision by Walmart came as India continues to witness a steep increase in the number of COVID-19 cases and deaths, crippling its health facilities, especially the supply of oxygen.
Walmart Joins Indiaâs Fight Against Covid-19, To Donate 20 Oxygen Plants, 3,000 Concentrators And 20 Cryogenic Containers
Walmart (Scott Olson/GettyImages)
Retail giant Walmart along with its associates Flipkart, PhonePe and others have come forward to expand support for Covid-19 relief efforts in India. The company on Friday (30 April) said that it would use its global resources to counter the severe oxygen shortages in the country and support the vaccination drives.
âWalmart is a global family. We feel the impact of this devastating surge on our associates, families and friends across India, and itâs important that we come together to support however we can,â said Doug McMillon, President and CEO of Walmart Inc.
Washington, May 1
Walmart will donate up to 20 oxygen-generating plants and 20 cryogenic containers to India for the storage and transportation of the life-saving gas, and also provide USD 2 million to non-governmental organisations to help them fight the devastating surge in coronavirus cases, the American retail giant has announced.
The decision by Walmart came as India continues to witness a steep increase in the number of Covid cases and deaths, crippling its health facilities, especially the supply of oxygen.
“Walmart will donate up to 20 oxygen-generating plants and 20 cryogenic containers for oxygen storage and transportation, as well as more than 3,000 oxygen concentrators and 500 oxygen cylinders for delivering oxygen therapy to patients at home or in hospital,” Arkansas-headquartered company said in a statement.
BENGALURU: As India fights the second wave of the pandemic, help is pouring in from around the globe. Goldman Sachs has pledged an additional $10 million (Rs 74 crore) commitment to support relief and recovery efforts in India. The commitment builds on the $42 million Goldman Sachs has already deployed to more than 300 non-profits across 31 countries through the Covid-19 Relief Fund.
David M Solomon, its chairman and CEO, said, “India is home to three Goldman Sachs offices and we have a responsibility to respond and provide our firm’s support and assistance.” Goldman Sachs s Bengaluru centre is its second largest office after New York, with over 6,000 employees working across all the businesses of the financial institution – securities, asset management, banking, risk, compliance, internal audit and human capital management.