Corporate Feature     

Published: June 15, 2024
Updated: June 15, 2024

Pashupati Group

Focus on organic farming and farm to fabric with zero emissions

In a world grappling with environmental challenges such as ozone layer depletion and greenhouse gas emissions, Pashupati Group, under the visionary leadership of founder and promoter Saurin Parikh, has emerged as a trailblazer in environmental conservation and sustainability. Their pioneering initiatives in solar and wind energy highlight the group’s unwavering commitment to a greener future.

Recognizing the critical need to address global environmental issues, Pashupati Group has invested heavily in renewable energy projects. The group has installed an impressive 2.7 MW of rooftop solar panels and a 9.5 MW ground-mounted solar project. These solar installations generate approximately 19 million units of green energy annually, significantly reducing the group’s reliance on non-renewable energy sources. Parikh emphasizes that “these solar projects are not just about energy generation but also about setting a precedent for industrial responsibility towards the environment.”

In addition to solar energy, Pashupati Group has made significant strides in wind energy. The establishment of a 2.7 MW Hybrid Wind and Solar project, along with a standalone 2.7 MW windmill, exemplifies their comprehensive approach to renewable energy. These wind projects contribute around 17 million units of green energy each year. According to Parikh, “the integration of wind energy not only enhances energy efficiency but also ensures a steady and substantial output, aligning with the company’s strate gic goals of sustainable power usage.”

Beyond their commitment to renewable energy, Pashupati Group is dedicated to comprehensive environmental management. The group has implemented advanced waste management techniques to minimize greenhouse gas emissions and efficiently recycle waste. This includes an innovative process of converting biological waste into fertilizer, with an annual capacity of 35,000 kg. Parikh points out that “these efforts are crucial in mitigating the environmental impact of industrial activities.”

Water conservation is another critical area where Pashupati Group has made significant strides. The group employs rainwater harvesting and wastewater treatment methods to ensure the reuse of water within their facilities. Additionally, their afforestation efforts, with over 2,000 trees planted on their campus, contribute to biodiversity and promote a greener environment. Parikh underscores that “these initiatives are integral to the group’s environmental stewardship, reflecting a deep-seated commitment to sustainability.”

Pashupati Group prioritizes sustainability, governance, and social responsibility through initiatives like community outreach, cancer awareness, education support, and employee welfare. They also focus on animal welfare programs, reflecting their holistic approach to corporate social responsibility.

At Pashupati, we believe in creating a responsible supply chain mechanism. We aim to encompass our motto of FARM to FABRIC in the principles of sustainability. The group strives to grow and process the best quality of cotton by adopting best practices and adhering to necessary standards so that cotton is grown in a sustainable manner.

August 15, 2024 - First Issue

Industry Review

VOL XVI - 01
August 01-15, 2024

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

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