Infosys has revealed its plan to expand its Corporate Social Responsibility (CSR) activities in America through its philanthropic arm, the Infosys foundation, USA. The company has also appointed Sudha Murty, Vandana Sikka and Sandeep Dadlani as the trustees of Infosys Foundation, USA. The initial outlay for Infosys Foundation, USA, would be USD 5 Million per annum.
Speaking about the expansion, Sudha Murty, Chairperson of Infosys Foundation, said, “I am delighted at the expansion of our CSR initiatives in the Americas. Infosys Foundation has always supported the cause of promoting quality education and empowering individuals. I am confident that we will leverage Infosys Foundation’s experience in India of imparting technical education to enhance employability.”
In India, Infosys Foundation funds several programs aimed at alleviating hunger, promoting education, improving health, assisting rural development, supporting arts and serving the destitute. For the fiscal year 2015, Infosys Foundation plans to install approximately USD 40 Million towards these initiatives in India.