GMR Group to fund Rs.1540 Cr to the NGO

Mumbai: GMR Group has committed $340 million (Rs 1,540 crore) for the GMR Varalakshmi Foundation (GMRVF) to serve the under-served sections of the society.

Rao and various members of his family own 100 per cent in GMR Holdings, which holds close to 71 per cent in GMR Infrastructure. GMR Infrastructure has a top line of Rs 5,000 crore.


GMRVF, the group's corporate social responsibility arm, operates in areas of education, community service, health, hygiene and livelihood, especially in rural areas.