WEATHERING THE COVID-19 CRISIS

The Covid-19 pandemic shifted priorities and pushed us to adopt and excel in new ways of doing business. With thoughtful and judicious moves, we mitigated the challenges to ensure business continuity and kept our stakeholders well supported during the crisis.

Overview

Focussed on employee health and safety while ensuring continued business performance

Initiatives

App developed to enable easy registration of Covid-19 vaccination

Daily monitoring of Covid-19 vaccination status

Mailers and seminars to encourage Covid-19 appropriate behavior

Webinar on Covid-19 insurance coverage

Sessions on hybrid work model and mental and physical well-being

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Overview

Reinvented ourselves with speed and agility to meet the ever-evolving customer requirements

Initiatives

Launch of Thermax Edge

Implemented remote commissioning and IIoT-enabled services

Quick response facilitated through digital platforms to resolve technical issues with greater efficiency

Safety measures were ensured at customer sites, including Covid-19 tests, temperature checks and other SOPs

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Overview

Facilitated various initiatives to enhance their business and grow together

Initiatives

Channel finance provided TCAs with an overdraft facility, helping them with better cash flow

Digital sales commission pay-out for TCAs, ensuring a reduction in process timeline and timely disbursement

Provided online service support to enhance equipment uptime and commissioned an electric boiler remotely, overseas

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Overview

Served and strengthened the marginalised communities through multiple initiatives

Initiatives

Thermax Foundation provided need-based oxygen concentrators, ventilators and bipaps at municipal hospitals in Pune and Covid centres near factory locations

Progress was made on the Social Compact (SoCo) initiative for restoring the equity of migrant workers

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