Vodafone Group Plc will establish a Foundation in India with an investment of $10 million to strengthen its presence in the country.
Vodafone India Foundation's aim would be to contribute to the society by providing direct grants to locally registered charities and global NGOs with social investment aims and objectives, a company release said.
"As someone who was born and raised in India, I recognise the urgent need for our youth to be empowered from a knowledge perspective. We believe the Foundation will become an effective catalyst in this regard, Vodafone Chief Executive Officer Arun Sarin said.
Sarin would be the first chairman of the foundation.
The foundation would initially focus on projects associated with providing education to youths across the country, enabling