Marico Limited

Marico, based in Mumbai, is a leading Indian consumer goods company operating in 25+ countries, offering popular brands like Parachute, Saffola, and Livon.

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

  • 2021-22

    Grant Value
    Rs. 223,200,000
    CSR Budget
    Rs. 215,000,000
  • 2022-23

    Grant Value
    Rs. 226,900,000
    CSR Budget
    Rs. 219,100,000
  • 2023-24

    Grant Value
    Rs. 237,900,000
    CSR Budget
    Rs. 235,100,000

Geographical Coverage

Bihar
Jharkhand
Madhya Pradesh
Rajasthan
Uttar Pradesh
Tamil Nadu
Maharashtra
Karnataka
Puducherry
Assam
Gujarat
Himachal Pradesh

Organisations Supported

    Programs

    • Sustainable Agriculture

      Description

      Marico 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.

      Cause
      Impact
      Farmers enrolled 81000
      Farmers benefitted through agri business centres 1600
      Acres enrolled 311000
      Percentage increase in productivity of enrolled farmers 16
      Download of mobile application achieved 80000
      Agri business centres set up 4
      Supported NGOs
      Partners for Sustainable Agriculture
    • Nihar Shanti Pathshala Funwala

      Description

      Marico 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.

      Cause
      States
      Impact
      Teachers positively impacted 241000
      Students positively impacted 1081000
      Presence in aspirational districts 50
      Supported NGOs
      Partners for Nihar Shanti Pathshala Funwala
    • Jalashay

      Description

      Marico 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.

      Cause
      States
      Impact
      Crore litres of cumulative water capacity created 2920000000
    • Social innovation - Marico Innovation Foundation

      Description

      Marico 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.

      Cause
      States
      Impact
      Innovations onboarded 6
      Innovations being supported 15
      Supported NGOs
      Partners for Social innovation - Marico Innovation Foundation
    • Afforestation

      Description

      Marico 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.

      Cause
      Impact
      Trees planted 73250
      Farmers benefitted 5000
    • Factory Area Sustenance

      Description

      Marico 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.

      Cause
      States
      Impact
      Benefeciaries impacted 344000
      Students impacted 25000
      Schools enrolled in Eat Right 100
      Capability sessions conducted 3

    Annual Reports

    Leadership Team

    • Satya Naidu LinkedIn Logo
      Manager, CSR
    • Madhubala Sharma LinkedIn Logo
      CSR Professional
    • Meha Sodhani LinkedIn Logo
      Consultant, CSR

    Location

    • Headquarters

      7th floor, Grande Palladium, 175, CST Road, Kalina, Santacruz (East), Mumbai, Maharashtra

      Directions

    Contact

    • Phone Number

      2266480480

    News

    News Image
    Nihar Shanti Pathshala Funwala language learning program impacts over
    News Image
    Marico didn't wait for CSR spending regulation to start making an impact: Harsh Mariwala
    News Image
    Marico’s Jalashay Water Stewardship Programme Has Generated 12.4 Crore Litres of Water Conservation Potential at Jalgaon
    News Image
    Marico Innovation Foundation
    News Image
    Marico’s CSR arm to launch Innowin magazine

    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