The ministry of textiles has conferred Pratibha Syntex managing director (MD), Mr Shreyaskar Chaudhary with Outstanding Young Entrepreneur Award in the textile sector, in the category of garments and made-ups. He was awarded for his initiatives in the area of product innovation, process innovation, sustainability initiatives and marketing & branding innovation.
With a motto of ‘minimize environmental impact and maximize social impact’, Chaudhary ensured 100pc waste water is recycled and 95 pc of which is reused back to the system. Almost 90 pc of the wastes generated in different processes are either recycled or reused. Cotton wastes are converted into stationery items for internal use.
Mr Shreyaskar Chaudhary said, “We have ensured 30 per cent of our power usage coming through renewable energy. Installation of biomass briquette boiler and plantation of 3 lakh trees resulted in significant reduction in GHG emission.”
He further explained, “Pratibha Syntex Limited has a deep concern for the people we have launched ‘India of my dream’ initiative to empower women residing in slums. Our Gyan Peeth initiative develops skills of local communities and provides them employment. Till now, more than 5,000 people are trained in yarn spinning & garment manufacturing. We have announced interest-free housing to fulfill the dream of associates and employees to have their own home, besides holding regular health check-up camps under the supervision of specialized doctors and counselors. To support the education of the children of employees & associates, a scholarship program has been initiated.”