The Company strives to contribute towards Equitable Development through various partnering organisations and NGOs already active in the field. We are focusing on social development programmes and inclusive growth. We are primarily involved in the fields of healthcare, child welfare and education. Some of our key programs towards equitable development are listed below
We strongly believe that children are a nation’s assets and the nation’s future depends upon them. Hence, we have chosen child welfare as a key element of our corporate social responsibility strategy and have partnered with St. Jude India Childcare Centre, an NGO that works to save lives of children suffering from chronic illnesses such as Cancer. We have contributed Rs. 1.2 Mn in FY 2021-22 to St. Jude India Childcare Centre.
We believe in nurturing today’s young talent to build tomorrow’s nation and have partnered with Ekam foundation and contributed Rs. 2.5 Mn in FY 2021-22 for enabling underprivileged children to access good quality education in institution and schools that provide value-basededucation. Furthermore, the Company’s has also contributed Rs. 4.0 Mn in FY 2021-22 for development of young entrepreneurs through IIM Visakhapatnam Foundation for Incubation, Entrepreneurial Learning and Development. We are also involved in Skill Development initiatives through regular recruitment of apprentices and training them on various manufacturing technologies.
A health society contributes to the productivity of the businesses and the Nation. Hence, we have partnered with Ekam foundation for providing medical aid to less privileged children in need of life saving medical interventions; in this regard, we have contributed Rs.2.0 Mn in FY 2021-22.
Our initiatives are currently driven through our NGO partner organisations such as St Jude India Childcare Centre, Ekam Foundation and IIM Visakhapatnam Foundation.
MTAR believes that corporate social responsibility is an integral part of the organisation and gives utmost importance to protecting the interests of all the stakeholders
Business Practices: We are involved in fair and ethical business practices and emphasise on upholding our integrity while expanding our business potential
Development of Employees: Nurturing the talent has always been a prime focus for MTAR. We impart regular trainings to our employees at all levels, there promoting the knowledge transfer and contributing to the personal development of the employees
MTAR believes in providing a safe and sustainable environment to future generations and has placed special emphasis on green product portfolio. Our involvement in the Clean Energy Supply Chain is a small contribution towards this. By supplying power units to fuel cells of Bloom Energy, which consumes methane that emits 60% less carbon compared to LPG, the company is indirectly helping reduce carbon emissions. In addition, we are involved in manufacturing hydrogen boxes and prototypes for electrolyzers that do not emit carbon. We are looking to cater to other global clean energy manufacturers leading to business sustainability
Creating Value to Stakeholders
We create value to suppliers, customers and shareholders through our safe business practices. We deliver the critical components and assemblies with superior quality on-time, thereby creating value to our customers. We closely work with our vendors to help them meet the quality standards by following prescribed set of processes, which create a huge value to our suppliers. The revenue and high margins generated by indulging in safe business practices are translated as a value to the shareholders
WHAT OUR CLIENTS SAY ABOUT US
Dear Mr. Reddy,
The successful launch of the GSLV MK3 on 5th June 2017 enables the country to assume a strong and independent position in space transportation using efficient launch vehicle technology. Our collaboration with you has unfolded very effectively, thanks to the experience and industry expertise of MTAR staff and the sustained support of MTAR management also merits special gratitude. The results speak for themselves and are proof of great team performance. Congratulations Team MTAR, Milestone Accomplished!
With warm Regards,
Thank you very much for your complementary message and inspiring words on the successful launch of GSLV Mk-III/M1 Chandrayaan-2 Mission. On this occasion we hereby acknowledge the excellent contribution of your team also in the successful mission. We expect the continued co-operation and support from your side in future missions also.
Dear Shri PJ Reddy,Thank you so much for your warm greetings. Convey my greetings to the Executive Director, Shri Satyanarayana Reddy and Shri Srinivas Reddy and to the entire family. While in LPSC, I was very strongly associated with you. I am sure that you in MTAR will be reinforcing a strong bond with LPSC and will be contributing significantly. I cherish the association and expect more tasks to be accomplished banking on your expertise in aerospace manufacturing area.
MTAR Technologies Limited, 18, Technocrats Industrial Estate, Balanagar, Hyderabad, Telangana 500037
Phone number: 040 4455 3333