Express distribution and supply chain Indian major Gati has initiated CSR program 'Gati Muskaan' with the intent of not only fulfilling its social responsibility but truly spreading 'muskaan' i.e. happiness and touch lives in the true sense.
This one-of-its kind program will focus on all aspects of life, which need attention like education, health, environment and community development. The company realizes that unless all these facets are considered in totality, the efforts to bring about any positive change will be sporadic and outcome not sustainable.
'Muskaan' initiative began today by planting 200 saplings across 16 locations in India, where Gati has its Express distribution centres. Some of these cities include Hyderabad, Bangalore, New Delhi, Mumbai and Chennai to name a few. In June 2013, Gati Infrastructure had committed itself to planting 1-lakh trees in Sikkim, which was very well received by the local communities in the region. Now, this drive has been extended on a pan-India scale in a new capacity under 'Gati Muskaan'.
Shares of the company declined Rs 2.7, or 3.62%, to trade at Rs 71.85. The total volume of shares traded was 598,536 at the BSE (Thursday).