Innovation is a crucial way to leapfrog into the center stage of global business leadership.

Based on this cornerstone, Marico instituted its CSR initiative in 2003 by forming the Marico Innovation Foundation. The Foundation provides a framework to Industry and Social Sector to leverage innovation for quantum growth. The Foundation plays the role of a catalyst and works towards creating an innovation eco-system through cutting edge research, knowledge creation & dissemination. Its recognition platform – Innovation for India Awards, biennially awards breakthrough innovations from India.

Major Projects:

Popular Research on “11 mission biographies -‘Making Breakthrough Innovation Happen: 11 Indians who pulled off the Impossible” resulting in a best seller publication.

Guiding Social Innovations – Enabling social organizations to apply Innovation as a key tool to significantly increase their social impact and scale programs. Currently 2 organizations are supported on an 18 month innovation incubation program.

Innovation Exchange Portal – One single platform bringing together the Innovation Ecosystem including researchers, innovators, entrepreneurs and academia across industry along with the investors and the mentors. This is in association with IIM, Ahmadabad & the Department of Science and Technology, GOI.

Innovation for India Awards – To acknowledge & foster leadership with innovative focus in various Business & Social sectors. The intent of the Awards is to reward projects and businesses that make a real difference to India and community at large. Based on the criteria of uniqueness, impact & scalability, ‘India’s Best Innovations’ are declared biennially. The applications for the 2012 Innovation for India Awards are now open. Find out more.

  1. Announcing the Awards: On 30th March 2012, Mumbai. «

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