Procter & Gamble India (P&G) stated today that from 2021 to 2025, it will invest Rs 500 crore in "deliberately engaging with women-owned and women-led enterprises in India."
P&G committed to spending a total of Rs 300 crore on this effort last year. "After investing more than Rs 200 crore in the first year of this project across India, the business is now increasing its commitment to Rs 500 crore by 2025," P&G stated.
P&G said at its third annual 'WeSeeEqual' summit that the new commitments are aimed at improving equality and inclusiveness across India.
P&G India also announced the launch of the 'P&G ReLaunch programme,' which will provide targeted assistance and development to outstanding individuals who have taken a hiatus from the industry and are looking to begin their careers in STEM fields.
Madhusudan Gopalan, CEO, P&G Indian Subcontinent, said, “In India, we have made strong progress in driving equality and inclusion inside and outside of P&G by taking deliberate actions that break barriers and tackle biases that hold us back. This year, taking this further, we are announcing bold actions and new commitments and also expanding existing ones which will enable us to play an active role in driving equality and inclusion in society. We will continue to leverage the voice of our company and brands to raise awareness on issues that matter and partner with expert organizations and individuals to address them. We remain steadfast in our commitment to advance equality and inclusion by making meaningful impact for our employees, through our brands and with our partners in our communities.”
