Drug maker Zydus Cadilla spent Rs 22.008 crore on Corporate Social Responsibility (CSR) activities in
fiscal year 2019-20 as against Rs 21.97 crore the previous year, according to the company’s annual
The company spent 2 per cent of the average net profits for previous three years computed, as
prescribed under the Companies Act of 2013 on education and healthcare, including preventive
healthcare and infrastructure development, the report states.
According to the report, the company, in a bid to serve the needs of the patients and bring world class
medical education to the rural interiors of Gujarat, manages the Zydus Medical College and Hospital at
Dahod. The Hospital provides free treatment including OPD, Indoor, all investigations, surgeries,
anesthesia, oral medicines, injectables and food for patients. The Zydus Medical College is the first
Medical College to be set up in Dahod and 350 students are currently enrolled in the MBBS programme.
Reaching out to make a difference in the community, the Company also extends support to the School
for Deaf-Mutes Society. Established in the year 1908, the School for the Deaf and Mutes Society
is one of the oldest organizations working in the field of education and rehabilitation of persons with hearing, speech, and visual impairment.
The Company has outlined the following thrust areas in the CSR Policy:
i) Swasthya–Health, Safety and Environment,
ii) Shiksha and Sodh–Education, Knowledge Enhancement and Research,
and iii) Saath–Social care, concern and outreach in times of emergencies.
The Board of Directors, on the recommendation of CSR Committee, approved the CSR spending, apart
from others, on providing financial support for creating additional infrastructure / renovations
and other assistance to Zydus Foundation, a section 8 Company, which runs hospital and
The said institution provides hospital services to the patients.The medical college provides
education and facilities to the medical students.
The objectives of the institution include, amongst others, to help the
marginalized and economically weaker section people of the society, the report states.
Zydus Cadilla is a global pharmaceutical Company with subsidiaries in India and across the world.
As on date, the Company has 38 subsidiary Companies, including 25 subsidiaries outside India.
By: Murtuza Merchant