Integrating two worlds: Global business with local communities

India Investment Journal September Edition, Flagship Scheme
by Rusen Kumar & Abhishek Ranjan
Corporate social responsibility (CSR) observers weigh up how CSR in India is different from the rest of the world.

A majority of Fortune 500 companies have a base in India and according to a Bain analysis report, between 1991 and 2012, the number of MNCs in India more than quadrupled. And over 20 years, total MNC revenue grew at a compound annual rate of 18 per cent — faster than the overall economy.