Our people form the backbone of our organisation, driving our progress and success. We empower them with opportunities to improve skill sets and strive to nurture an inclusive working environment where people feel valued. It has enabled us to build a diverse, future-ready workforce, equipped to navigate evolving industry demands.
Employees associated for 5+ years
Employees given Performance Reviews
LTIFR
SDGs Impacted
FFinancial Capital
Employee Benefit Expenses increased by 21% YoY
MManufacturing Capital
Ensuring our health and safety practices are best-in-class
IIntellectual Capital
Fostering a culture of continuous development to empower employees in adapting to rapid business changes and complexities
HHuman Capital
Expanded the Polycab workforce to 16,884, with a continued focus on fostering a strong, inclusive community
SSocial and Relationship Capital
Encouraging employee participation in CSR initiatives, enabling them to support and contribute to causes they are passionate about
NNatural Capital
Strengthening our natural capital as a reflection of our commitment to safeguarding the shared future of humanity
Material Topics
7Diversity, Equity & Inclusion
8 Human Capital Development
10 Occupational Health & Safety
13 Data Privacy & Cybersecurity
14 Corporate Governance, Ethics and Integrity
Permanent women employees by 2030
Reduce employee and workers LTI
Training per employee per year
Our approach to employee engagement is grounded in learning, development and continuous improvement. It empowers us to nurture a work culture where innovation thrives and talent flourishes. Our comprehensive training programmes enhance skill sets, and mentorship opportunities support the professional growth and development of employees at different levels. We also organise townhall meetings with the senior management to encourage direct and open communication.
How We Engage with Them
Key Topics Discussed
We are committed to building an inclusive and respectful workplace that empowers individuals across all levels. Our efforts focus on integrating diversity into core operations, promoting equal opportunity and ensuring that every employee feels safe, valued and heard. It also gives us the strength to collaborate and succeed together.
To support smooth integration and continuous improvement, we actively monitor the experiences of new employees through regular feedback mechanisms and surveys, helping us respond proactively to their needs and foster a positive work environment from the outset.
Women’s Participation in Manufacturing
One of our manufacturing and assembly units in Daman is now predominantly operated by women, including both full-time and contractual workers. This initiative reflects our belief in inclusive growth.
As part of our continued effort to integrate women in core operations, we have recently onboarded female employees into manufacturing roles at our Kalsar plant as well. This marks a strategic step forward in building a more balanced workforce.
Cases of discrimination reported in FY 2024-25
We remain committed to developing the skills and capabilities of our people. Our learning and development programmes encompass Functional, Technical, Behavioural and Leadership training — to meet the evolving and diverse needs of our workforce.
In addition, we deliver mandatory training in Safety and Compliance to ensure every employee is aligned with statutory and regulatory requirements. In FY 2024–25, the corporate employees saw an average of 15 learning hours per male employee, while female employees averaged 23 hours.
iLEARN, our Learning Experience Platform, was launched in December 2023 and quickly gained traction, achieving a remarkable 84.7% adoption rate. The platform offers a wide range of courses and has proven to be a valuable resource for our workforce, supporting continuous learning and professional development across the organisation.
The ‘GURUKULAM’ Initiative
Gurukulam, our flagship leadership development initiative, is designed to nurture high-potential employees through a structured, multi-phase journey. The programme blends theoretical learning with practical application through live projects, mentorship and crossfunctional collaboration.
With 45 participants across Halol and Daman, Phase 1 of the project has been completed, Phase 2 is underway and Phase 3 is scheduled for launch. Gurukulam has already demonstrated tangible outcomes in leadership behaviour and business performance.
Key achievements include:
Participants in GURUKULAM initiative
POISE Programme
We introduced POISE, a leadership development programme designed to equip senior leaders with the executive presence required to thrive in high-stake environments. The programme focuses on strengthening leadership impact, strategic communication and the ability to thrive under pressure. It prepares us to navigate complexity, inspire confidence and drive organisational success.
IGNITE Programme
We launched IGNITE; a sales capability development programme aimed at strengthening the core skills required for success in sales roles. Designed for our Business Sales Managers, the initiative promotes a culture of continuous learning and performance excellence.
With over 250 participants, the programme focuses on six key sales competencies, providing foundational training while tracking progress to ensure measurable improvement and sustained sales effectiveness.
Participants in IGNITE Programme
Six Key Skills Covered in IGNITE Programme
An engaged workforce is vital for organisational success. Our employee engagement strategy fosters a positive, inclusive environment where everyone feels valued and inspired to perform their best. Through transparent communication, recognition and a strong sense of belonging, we aim to enhance commitment and workplace satisfaction. By prioritising people, we establish a workplace where engagement is a collective experience.
Culture Workshops
To strengthen our culture, we held workshops to embrace essential cultural elements for growth and success. These sessions encouraged open reflection, helping us identify areas for improvement and promote a positive, inclusive environment. Senior leaders participated actively, engaging in discussions and collaborative activities to define core values and practices for an empowering workplace. This diverse involvement offered a broad perspective, enhancing our understanding of the culture we aim to cultivate.
Leadership Mirror
We believe continuous development is key to a high-performance culture. Leadership Mirror, our 360-degree feedback programme, provides holistic insights to support leadership growth and selfawareness. By gathering feedback from peers, team members and managers, over 180 leaders received well-rounded input to align behaviours with organisational values, enhance effectiveness and identify development areas.
The initiative promotes a culture of open feedback, empowering leaders to take ownership of their growth while strengthening agility, accountability and impact across the organisation.
Participants in Leadership Mirror Programme
Celebrating our People
A dedicated and motivated team is essential for organisational success. We build a supportive, inclusive culture where everyone feels valued and connected. Through open dialogue, recognition, and community-building, we inspire employees to excel and create a workplace where everyone feels a sense of purpose and belonging, enabling personal and professional growth.
We achieve this through initiatives like leadership conversations, recognition programs, and continuous learning. We prioritise local engagement and cultural connection, celebrating milestones and promoting well-being to encourage participation and empowerment. These efforts foster a culture of connection, collaboration, and shared success.
Shopfloor birthday celebrations for workers
Recognising and appreciating employee talents
Festive celebrations including Diwali, Navratri, Holi and more
Kaizen and 5S activities for continuous improvement
International Women’s Day events
Spot rewards for outstanding performance
Polycab Cricket Tournament to build camaraderie
Mandatory helmet policy for employee safety on shopfloor
Quality Month and National Road Safety Week observances
Annual health check-ups
Well-being and stress management training
On-roll staff and workers honoured with long service award in FY 2024-25
On-roll staff and workers honoured with long service award in FY 2024-25
Our Rewards and Recognition (R&R) Framework
Criteria for R&R
Performance Management System
We have enhanced our Performance Management System to make it more impactful, employee-friendly and aligned with organisational objectives. The revised framework includes critical elements that improve clarity, consistency and ease of execution, helping employees better understand expectations and focus on meaningful outcomes.
To make performance management more effective and meaningful, we have introduced several enhancements aimed at improving employee experience, clarity and developmental impact:
Performance Conversations
Recognition of Key Achievements
Structured Documentation
Skill Development & E-Learning Integration
Appraisal Skills Training
As a part of our commitment to building a feedback culture, we drive the Green Dot/Black Dot initiative to promote real-time performance conversations that are simple, timely and effective.
This ongoing process encourages instant recognition, supports constructive dialogue and creates a continuous record of individual performance. It plays a key role in reinforcing our culture of accountability, improvement and excellence across the organisation.
We have introduced comprehensive benefits to support the professional and personal well-being of our employees, who are the driving force behind our success. Our health insurance plans provide peace of mind while our retirement schemes are designed to secure their future long after their tenure with us.
These programmes aim to set a benchmark for occupational health and safety (OHS) by implementing an OHS Management System in line with ISO 45001:2018 standards. The system has been rolled out across our key manufacturing facilities in Halol and Daman. The programmes encompass a wide range of topics, including work ethics, health and safety training, quality systems, HR policies and practices, environmental awareness, fire safety and evacuation drills, the prevention of sexual harassment and the critical importance of safety tools and kits. We also prioritise accident preparedness and encourage the proactive reporting of potential hazards.
LTIFR for workers (per one million person-hours worked)
Employees covered under health insurance, accident insurance, and maternity benefits
Mental Health Awareness Programme
We recognise that mental health is as important as physical health, yet often less visible and addressed. To bridge this gap, we launched a Mental Health Awareness Programme to help employees and workers better understand the importance of emotional and mental well-being.
The initiative began with leadership-level commitment, ensuring that mental health is acknowledged as a key factor in overall workplace effectiveness. Awareness sessions were held across locations to highlight how mental well-being impacts both professional performance and personal life.
By promoting open dialogue and education, we aim to build a workplace where mental health is supported, productivity is enhanced and people feel empowered to seek help when needed.
On 29 March 2025, we organised a nationwide blood donation drive across our manufacturing facilities, warehouses and offices — as a heartfelt tribute on our CMD’s birthday. In collaboration with partner hospitals and NGOs, the initiative was a unified act of community service aimed at saving lives and raising awareness.
Led by a cross-functional team including Occupational Health Centres (OHCs), HSE, Administration and unit-level teams, the camp ran seamlessly across locations.
Blood units collected in just 12 hours
Continual Health Assessment and Improvement Programme
We launched a health initiative aimed at supporting the well-being of every employee and worker. This programme involved a comprehensive set of medical tests, ensuring thorough health check-up across all locations in Halol. The tests included:
All employees underwent tests and follow-up actions were initiated to ensure appropriate care and ongoing support.
Monthly Safety Audits
Our HSE team led the implementation of monthly safety audits across all manufacturing units, intending to standardise safety practices, strengthen shop floor discipline and build a proactive safety culture.
Awareness Drives for a Safer Workplace
Strengthening safety culture on the shop floor has been a key focus, aligned closely with our OHSE Policy. Over the year, a series of awareness initiatives were conducted to enhance understanding of health, safety and environmental practices, while reinforcing the leadership message of ‘I Care’.
Observances such as National Safety Week, Road Safety Week, Fire Safety Week and World Environment Day created opportunities to engage employees in safety-first thinking. Activities like badge distribution and sweet sharing helped build a sense of positivity and inclusion around these themes.
Interactive events, including mural painting competitions on HSE topics, as well as hands-on exercises like the ‘Walk with Fire Extinguishers’ and ‘3 Men Hose Drill’, offered valuable emergency preparedness learning in an engaging format. These initiatives have played a key role in creating a proactive safety mindset, rooted in awareness, participation and shared responsibility.
SPARSH, our digitised Health, Safety and Environment (HSE) management system, was introduced to move from person-dependent practices to a structured, data-driven model. It provides real-time analytics to unit heads, enabling immediate action, better prioritisation and shopfloor improvement tracking. The system has enhanced efficiency, speed, accuracy and reporting while reducing cost and time overruns. With standardised recordkeeping and monitoring, SPARSH supports faster adoption of international HSE benchmarks and strengthens process discipline, adaptability and risk management. It optimises HSE resources across locations, shortens improvement cycles and enables informed decisionmaking and greater accountability. SPARSH reinforces our leadership in HSE by setting new industry benchmarks for safety, reliability and performance
Ethical behaviour is at the core of our operations, as outlined in our Code of Conduct. It emphasises respect for human rights and ensures fair treatment of individuals at all levels.
Our efforts to promote human rights extend beyond the organisation and reach out to our supply chain partners as well. We actively work to eliminate discrimination, prevent harassment and eradicate all forms of exploitation. By adhering to these principles, we foster an environment where trust, accountability and social responsibility are fundamental to our corporate ethos.
Instances of complaints pertaining to child labour, forced labour and involuntary labour
New Hires by Age
Rate of New Hires