486.05 (3.38%) Maruti Suzuki India has earmarked a budget of Rs 140 crore for Corporate Social Responsibility (CSR) activities for FY18. The country’s largest passenger car manufacturer spent Rs 89.45 crore in 2016-17 on the same, which is 140% higher than 2014-15 and 14% more than 2015-16.
The company has created a multiplier effect through the CSR initiatives and put major thrust on improving the quality of beneficiaries’ life through scalable, replicable and sustainable solutions. The company will also step up its ‘Road Safety’ initiatives and explore innovative technology in the area of traffic management and control.
Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.