In India, some of the biggest business families are making a real difference through corporate social responsibility (CSR). According to recent data for the fiscal year 2023-24, families like Tata, Ambani, and Adani contribute about 20% of total CSR spending by Indian companies. This shows how companies are stepping up to help society while building a positive brand image.
Key Contributions to CSR by India’s Leading Companies
The India Philanthropy Report 2025, from Dasra and Bain & Company, highlights that major business groups donate between ₹800 crore to ₹1,000 crore each for CSR initiatives. In fact, just 2% of businesses account for 50-55% of all CSR spending. The Companies Act of 2013 requires specific companies to give at least 2% of their net profits towards education, healthcare, rural development, and environmental projects.
In fiscal year 2022-23, over 24,000 companies invested significant amounts in CSR across various sectors, including sports, health, and the arts. Let’s look at some of the top contributors in India.
Top Contributors to CSR in India
1. HDFC Bank
HDFC Bank is a front-runner in CSR, primarily focusing on rural development, education, healthcare, and financial literacy. With a net profit averaging ₹41,165 crore, the bank allocated ₹800 crore for its CSR efforts, making it one of the top contributors.
2. Tata Group
The Tata Group prioritizes STEM education in its CSR initiatives. Tata Consultancy Services (TCS) alone has invested about ₹774 crore in education, healthcare, and environmental projects, reflecting its commitment to creating lasting change.
3. Reliance Industries
In fiscal year 2022-23, Reliance Industries spent over ₹743 crore on CSR projects, benefiting around 2.7 million people through rural development efforts. Their focus on community upliftment and sustainability is notable.
4. NTPC
As the largest power utility in India, NTPC allocated around ₹320 crore for its CSR activities. Their initiatives have positively impacted numerous villages and schools, showcasing their dedication to social upliftment.
Final Thoughts
The increased attention on CSR from India’s major business families sets a strong example for future investments in society. As these companies continue supporting education, healthcare, and the environment, they not only improve their brands but also contribute to meaningful changes in communities across the country.
