SCHAEFFLER NSE filing

Schaeffler India Honored with CII National Award for Water Management

The RealCase readMedium impact Positive

Schaeffler India received the CII National Award for Excellence in Water Management for its Jal Samruddhi CSR initiative, which improved water security and livelihoods in water-scarce regions of Pune.

Why it matters

The award and the reported positive outcomes of the Jal Samruddhi project (increased water access, improved income) suggest a moderate positive impact on the company's reputation and CSR efforts.

The market read

The press release highlights Schaeffler India receiving an award for their successful CSR initiative, demonstrating a positive impact on water management and community development.

* Schaeffler India received the CII National Award for Excellence in Water Management 2024–25 for its Jal Samruddhi CSR initiative, under the category “Beyond the Fence.” * The Jal Samruddhi Project, implemented with BAIF Development Research Foundation, addressed water scarcity in Wakalwadi and Gosasi villages, Pune district, from July 2021 to December 2023. * Key highlights of the initiative include: * 143,000 cubic meters of water conservation potential created. * 1,268 acres of land treated. * 40% improvement in cropping intensity. * 84% of households reporting enhanced water access. * Household income increase from ₹60,312 to ₹1,06,938 on average. * 70% reduction in tanker-water dependency. * Ms. Shibi Mathew, Head of HR and CSR, Schaeffler India, stated that the Jal Samruddhi initiative showcases their commitment to driving meaningful change beyond their operations through science-led watershed development, community participation, and a long-term focus on sustainable livelihoods.

Filing to action

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Schaeffler India Limited filed this with the NSE as a statutory disclosure, categorised under press release. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Schaeffler India Limited. Read the original for the full detail.

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