New Delhi, Sept. 24 -- Corporate Social Responsibility (CSR) spending in India is projected to treble and exceed Rs 1.2 lakh crore annually by 2035, making it the largest pool of philanthropic capital in the country, according to a recent report.

This assertion is based on a 13.48 per cent CAGR observed from the earnings growth of the top 100 listed companies.

The Convergence Foundation (TCF) and its network organisation SCALE launched their report, India Inc. for Building Bharat: How Systemic CSR is Building Enduring Impact for Tomorrow, co-authored with India Impact Sherpas.

The report documented emerging trends in corporate philanthropy, highlighting the rise of catalytic funding directed to organisations which support governments i...