About
Marico, a prominent name in the beauty and wellness industry, is one of India's leading consumer goods companies. Based in Mumbai, it operates in over Read more 25 countries across Asia and Africa's emerging markets. In FY23-24, it achieved a consolidated turnover of INR 96.5 billion (USD 1.2 billion) through domestic and international sales. Its products reach one-third of India's population through well-known brands such as Parachute, Saffola, Livon, and Set Wet. Internationally, the company earns 26% of its revenue from brands including HairCode, Fiancée, Purité de Prôvence, Ôliv, and X-Men.
Grant Value
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2021-22
Grant ValueRs. 223,200,000CSR BudgetRs. 215,000,000 -
2022-23
Grant ValueRs. 226,900,000CSR BudgetRs. 219,100,000 -
2023-24
Grant ValueRs. 237,900,000CSR BudgetRs. 235,100,000
Geographical Coverage
Organisations Supported
Programs
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Sustainable Agriculture
DescriptionMarico Industries Limited established the Parachute Kalpavriksha Foundation, a certified non-profit entity, on September 2, 2017, to improve the lives of small-scale farmers by enhancing their productivity and livelihoods. It promotes sustainable agriculture through increased and sustainable crop yields, empowering farmers with self-reliant skills, and shifting from traditional to scientific farming practices. The Foundation operates Kalpavriksha Knowledge Centres, which provide training on farm management practices like pest and water control under experts’ guidance. It also runs Agribusiness Centres, offering farm care inputs, technical services, and affordable access to high-quality equipment and labor. These centers support small-scale farmers with tools and services, often facilitated by local entrepreneurs.
CauseImpactFarmers enrolled 81000Farmers benefitted through agri business centres 1600Acres enrolled 311000Percentage increase in productivity of enrolled farmers 16Download of mobile application achieved 80000Agri business centres set up 4Supported NGOsPartners for Sustainable Agriculture -
Nihar Shanti Pathshala Funwala
DescriptionMarico Industries Limited, through its Nihar Shanti Pathshala Funwala initiative, focuses on education as a key driver of social progress. It aims to provide quality education to underprivileged students in rural India and enhance teachers' skills in imparting English literacy. The program utilizes technology, collaboration, and scalability to achieve its goals. It employs WhatsApp Enterprise-based learning modules to upgrade teachers' abilities and uses practical, innovative approaches tailored for rural needs. By addressing educational gaps, it strives to create measurable improvements in learning outcomes.
CauseStatesImpactTeachers positively impacted 241000Students positively impacted 1081000Presence in aspirational districts 50Supported NGOsPartners for Nihar Shanti Pathshala Funwala -
Jalashay
DescriptionMarico Industries Limited, through its Jalashay water stewardship program, focuses on ensuring water security for domestic and agricultural use in less rain-fed areas. It emphasizes effective water conservation and management by replenishing more water in communities than it consumes in its operations. Key activities under the initiative include dam desiltation, construction of farm ponds, rainwater harvesting, optimizing water usage, and organizing community awareness programs on water conservation. The program benefits farmers and local communities by promoting sustainable water practices.
CauseStatesImpactCrore litres of cumulative water capacity created 2920000000 -
Social innovation - Marico Innovation Foundation
DescriptionMarico Industries Limited, through its Marico Innovation Foundation (MIF) established in 2003, promotes and nurtures social innovation in India. It focuses on inspiring groundbreaking Indian innovations and supporting their journey toward becoming self-sustaining enterprises. The Foundation conducts programs aligned with Schedule VII of the Companies Act, 2013, aiming to drive innovation across themes like environmental conservation, social empowerment, and ethical responsibility. Its efforts benefit Indian start-ups and enterprises centered on innovation.
CauseStatesImpactInnovations onboarded 6Innovations being supported 15Supported NGOsPartners for Social innovation - Marico Innovation Foundation -
Afforestation
DescriptionMarico Industries Limited's afforestation initiative focuses on restoring ecosystems and maintaining balance by nurturing biodiversity, conserving water, preserving soil, and addressing climate change risks. It involves planting trees with support from local communities and farmers to expand green cover and grow fruit orchards on barren farmlands, which also creates livelihoods for farmers. This program aims to establish local carbon sinks to offset operational carbon emissions and achieve its global net-zero targets by 2040, benefiting both the environment and local communities.
CauseImpactTrees planted 73250Farmers benefitted 5000 -
Factory Area Sustenance
DescriptionMarico Industries Limited emphasizes supporting communities near its manufacturing facilities as part of its stakeholder engagement efforts. It provides assistance to schools, old age homes, NGO partners, and local administrations to address development needs. This initiative benefits communities residing within a 10 km radius of its factory locations.
CauseStatesImpactBenefeciaries impacted 344000Students impacted 25000Schools enrolled in Eat Right 100Capability sessions conducted 3
Annual Reports
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2024
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2023
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2022
Leadership Team
Website
Location
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Headquarters
7th floor, Grande Palladium, 175, CST Road, Kalina, Santacruz (East)
Directions, Mumbai, Maharashtra
Contact
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Phone Number
2266480480
News
Awards & Recognitions
1. Nihar Shanti Amla is the FICCI CSR Award winner in the 'Education' category for the Teacher Empowerment Program in Madhya Pradesh : 2021
2. Nihar Shanti Amla has been honoured with a Gold Award in the 'CSR Campaign' Category for its 'Re-Teach the Teachers' campaign at the ET Brand Equity Shark Awards : 2021
3. Certificate of Appreciation at the 9th ICSI CSR Excellence Awards : 2024