@byasdeV1 @iimk_backwaters There are countries that are willing to accept our product even for a slightly higher price owing to our USP & unbeatable quality. We are focusing on improving sales in these countries in the short run & are strategizing ways to fix it in long run.
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1/5-The fact that the government worries about the local economy is absolutely acceptable. But making a decision to levy a high tax, especially on water sold domestically, that too without consulting the industry is unacceptable and irrelevant.
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@shahdeep682@iimk_backwaters Re-read the problem statement bro! But anyways answered your question. The core value at Devprayag is to support, and empower our employees as well as our society. Both are our valuable assets.
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@shahdeep682@iimk_backwaters Currently demand is low, so prodn reduced.Those who had no work were laid off. Unskilled labor form 90% of our workforce. Compensation benefits and temporary jobs with a promise to re-recruit them once things get under control have been offered.
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@byasdeV1 @iimk_backwaters How can you company claim to offset carbon footprint by 120% when you have just begun your partnership and do not have a plan in action?
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@Chirag72680133 @iimk_backwaters considering the scale of your business, wouldn't you be using up bamboo faster than its replenishing rate? you would be adding to the environmental burden. Wouldn't it be added cost to collect back bottles. It would reflect on the selling price
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@KarwatkarAayush@iimk_backwaters So you want to spend $35mn apart from CSR funds on social service activities, instead of incurring a $30mn loss on profits a year? Why would you want to spend excess of $5mn? I don't think it is practical. How would you even do it every year
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@Samrath03034577@iimk_backwaters If you work for the welfare of the society, why did you reduce your man-power? You have well-dedicated programs for welfare of society, but seems like your company itself creates unemployment.
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5/5-The detailed report of our plans and our progress in this footprint reduction journey will be published by next week.
Sustainability is a core part of our business. I would reiterate that we are water wise and our 'every drop is green'.
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4/5-Quality and genuineness in every work, is of utmost importance at Devprayag. We follow lifecycle assessment (LCA) method to calculate our carbon footprint.
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