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Top 4 biz families anchor a fifth of CSR contributions
Business Standard
|February 27, 2025
India's top four business families - Tatas, Ambanis, Adanis, and the Birlas accounted for 20 per cent of the total corporate social responsibility (CSR) contributions made by family-owned or family-run companies, according to the data for 2023-24 (FY24).
These companies contributed an average of *800 crore to ₹1,000 crore per family group (ranging from 200 crore to 1,500 crore) to CSR, according to the latest India Philanthropy Report 2025 by Bain & Company in collaboration with Dasra, released on Wednesday.
The report also brings into focus the outsized role of the top 2 per cent of business families (who run around 350 firms), as they accounted for over 50-55 per cent of the total CSR contributions made by family-owned or family-run businesses.
This category includes other major business families such as the Munjals of Hero MotoCorp, the Piramal family of Piramal Enterprises, and the Kanwar family of Apollo Tyres, each contributing an average of 20-25 crore.
This story is from the February 27, 2025 edition of Business Standard.
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