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Indian sport gets a fillip as CSR expenditure sees significant rise
Hindustan Times Ranchi
|May 03, 2025
Corporate entities investing in promoting sports and building sporting infrastructure through Corporate Social Responsibility (CSR) funding has seen a spike in recent years, according to data released by the Ministry of Corporate Affairs.
MUMBAI:
According to the latest data published on its website, 1200 companies spent a combined ₹526.14 crore in 2022-23 towards promoting sports through CSR investments, nearly double compared to the previous financial year (₹291.75 crore). A decade ago in the 2014-15, that figure was a little over ₹55 crore.
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