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Fairfax Commits $5 Million for COVID-19 Relief in India April 28, 2021
The contribution is being made together with the Fairfax India Charitable Trust and Fairfax India Holdings Corp.
The first proposed initiative by Fairfax calls for rapidly creating emergency hospital facilities. The plan is to coordinate with its investee companies, Quess Corp. and Bangalore International Airport, and work with the local government and tap the expertise of Dexterra Group, a Fairfax investee company in Canada.
Fairfax said it is working with its Indian investee companies to determine further initiatives.
In addition to these initiatives, Fairfax said it will commit the funds necessary to respond to the needs of the employees of its Indian investee companies during the COVID-19 pandemic.