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Diageo India added ₹49,000 crore to Indian economy: report
Diageo India added ₹49,000 crore to Indian economy: report

The Hindu

time04-08-2025

  • Business
  • The Hindu

Diageo India added ₹49,000 crore to Indian economy: report

Diageo India's operations added approximately ₹49,000 crore in value to the Indian economy in 2023-24 and the company supported nearly 6.5 lakh jobs in that year said ⁠Pahlé India Foundation (PIF), in its report 'Economic and Social Impact Assessment of Diageo India'. Employing the input-output model developed by Nobel Laureate Professor Wassily Leontief, the report which provides an in-depth analysis of the company's national footprint, has quantified the company's direct and indirect impact on employment. Out of the ₹49,000 crore in that specific year (FY 2024) the direct contribution of Diageo India was ₹25,300 crore and the remaining was indirect through the economic activities and demand generated by the company, said Abhishek Jha, the author of the report. The findings highlight how procurement-related activities are creating forward and backward linkages across various industries encompassing primary agriculture, transportation and logistics, packaging, hotels, trade, and tourism. In addition to traditional financial metrics, the report has covered factors such as employee satisfaction, sustainability initiatives, corporate social responsibility (CSR) activities, as well as fiscal contributions to government revenues. In sustainability front, the company in FY 2025 had cut water consumption by 11%, water withdrawal by 10%. This was achieved as a result of efforts made at the plant level. The company improved its water-use efficiency by 48% in distilleries and by 31% in packaging, as per the report. The company had also eliminated coal use, and reduced Scope 1 and Scope 2 emissions by 87% and 98% respectively. As a part of decarbonisation strategy, the company increased its in-house solar energy capacity to 2.6 MW and achieved 98.6% renewable energy use status in direct operations, according to the report. The company spends approximately ₹20 crore on CSR programs each financial year, impacting over 1,00,000 people across various regions. The programs are focused on community development, increasing agro-produce and agri-income, healthcare, water access, providing sanitation facilities, women's empowerment, and livelihood generation around the company's 36 manufacturing facilities across several states. Rajiv Kumar, Chairperson, PIF, said: 'The alcobev industry stands at the crossroads of agriculture, logistics, tourism, and retail. With targeted reforms to improve ease of doing business, especially in taxation and interstate trade, India can become a key player in the $5.7 trillion global spirits market by 2032.' 'We must recognise that India cannot become 'first' unless the private sector is empowered. Anchor investors, such as Diageo, are vital to this transition. If the company can deepen its cultural and social presence, it can contribute to redefining India's global manufacturing footprint,' he said. 'Simplifying licensing norms and harmonising excise policies across states will be critical to making 'Made in India' alcobev products globally competitive,' he added. Praveen Someshwar, Managing Director and Chief Executive Officer, Diageo India in a statement said, 'As India embarks on its transformative journey towards Viksit Bharat, Diageo India remains a committed partner in this endeavour, contributing to India's emergence as a global economic powerhouse by 2047.' 'Our alignment with the nation's priorities — driving investments, fostering innovation, creating jobs, advancing sustainability, and enabling inclusive progress — reflects our commitment to shaping a future that is both prosperous and inclusive,' he said. 'This Economic and Social Impact Assessment by Pahlé India Foundation highlights our strategic investments in people, partners, and national development,' he added.

AIIMS Nagpur To Head National Study On Lead Exposure In Children
AIIMS Nagpur To Head National Study On Lead Exposure In Children

Time of India

time10-07-2025

  • Health
  • Time of India

AIIMS Nagpur To Head National Study On Lead Exposure In Children

1 2 Nagpur: In a significant step towards safeguarding children's health, the All India Institute of Medical Sciences (AIIMS) Nagpur has joined hands with Pahlé India Foundation to launch a nationwide study assessing blood lead levels in children and the impact on their cognitive and mental health. An MoU formalising this collaboration was signed at AIIMS Nagpur by Dr Prashant P Joshi, executive director and CEO of AIIMS Nagpur, and Dr Ishan Joshi, director, Programmes and Partnerships, Pahlé India Foundation. Senior faculty members, including Dr Jyoti E John, principal investigator of the project, and other experts from AIIMS Nagpur and Pahlé India Foundation attended the signing ceremony. Lead, a toxic heavy metal, has long been associated with severe health hazards, particularly in children, including neurological, psychiatric, and behavioural disorders. Despite this, the extent of lead exposure among Indian children remains inadequately documented. "Children are particularly vulnerable because their developing brains are highly susceptible to the toxic effects of lead, which can have lifelong consequences," said Dr Jyoti E John, professor and head, department of biochemistry at AIIMS Nagpur. "This study is crucial to generate evidence on how widespread the problem is and what socio-demographic and environmental factors contribute to it." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Đây có thể là thời điểm tốt nhất để giao dịch vàng trong 5 năm qua IC Markets Tìm hiểu thêm Undo The multi-centric study, titled 'Assessment of Blood Lead Levels in Paediatric Population and Evaluation of its Effects on Cognitive and Mental Health', will cover around 13,000 children across India. It is set to be conducted over the next 18 months in collaboration with seven AIIMS institutions: Nagpur, Raipur, Jodhpur, Patna, Bibinagar, Kalyani, and Mangalagiri. Pahlé India Foundation has committed funding of approximately Rs3.08 crore for the initiative. "We believe this study can provide crucial evidence for govt interventions to protect the health and development of India's children," said Dr Ishan Joshi from Pahlé India Foundation. The research team at AIIMS Nagpur comprises specialists from various departments, including paediatrics, psychiatry, biochemistry, neonatology, obstetrics and gynaecology, and community medicine as well as public health experts from Pahlé India Foundation. Given the silent yet widespread nature of lead exposure, health experts hope that the study's results will serve as a wake-up call and pave the way for stronger regulations and preventive measures to ensure a healthier future for India's next generation.

Need incentives for farmers to adopt non-chemical fertiliser-based farming: Agri secretary
Need incentives for farmers to adopt non-chemical fertiliser-based farming: Agri secretary

Time of India

time05-05-2025

  • Science
  • Time of India

Need incentives for farmers to adopt non-chemical fertiliser-based farming: Agri secretary

NEW DELHI: There is a need for structuring a comprehensive and fool-proof set of incentives for farmers to voluntarily adopt non-chemical fertiliser-based farming practices, agriculture secretary Devesh Chaturvedi has said. Addressing an event organised by policy research institute Pahlé India Foundation (PIF), Chaturvedi, secretary in the Department of Agriculture & Farmers' Welfare, also suggested that natural farming need not to remain confined to a niche market and said it should be mainstreamed so as to make nutritional products available for the common people. #Pahalgam Terrorist Attack Inside Operation Tupac: Pakistan's secret project to burn Kashmir Who is Asim Munir, the Zia-style general shaping Pakistan's faith-driven military revival 'Looking for partners, not preachers': India's strong message for EU amid LoC tensions Also speaking at the event, former NITI Aayog Vice Chairman Rajiv Kumar said that to achieve nutritional, ecological and health security, a paradigm shift in agriculture is necessary and rigorous empirical research is needed to establish the viability of non-chemical farming in this regard. Harpinder Sandhu of Federation University, Australia, and Aditi Rawat, PIF, presented a methodology for a pan-India study to assess the viability and scalability of regenerative farming across diverse agro-climatic zones. The study aims to generate scientific evidence to guide future policy and practices. Other experts at the event also emphasised the urgent need for scientific data, scalable models, and stronger collaboration among researchers, government, and practitioners to accelerate adoption of regenerative farming across India's agro-climatic zones.

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