CSR-DRIVEN INDUSTRY-ACADEMIA COLLABORATION: ACCELERATING INNOVATION AND SUSTAINABILITY UNDER VIKSIT BHARAT@2047

Corporate Social Responsibility (CSR) has emerged as a transformative tool for sustainable development in India. Under the visionary framework of Viksit Bharat@2047, CSR-driven industry-academia collaborations are gaining significance in accelerating innovation and sustainability. This research paper explores the strategic role of CSR funding in fostering stronger partnerships between industry and academic institutions to address critical societal challenges, drive technological advancements, and promote sustainable development goals (SDGs). The paper examines key models and case studies where CSR funding has been effectively utilized to build collaborative research ecosystems, skill development programs, and knowledge transfer initiatives. It highlights the potential of such collaborations to bridge skill gaps, drive local innovations, and create long-term socio-economic benefits. Key challenges such as alignment of objectives, effective monitoring, and the need for policy frameworks to streamline CSR investments are also discussed. The analysis underscores that industry-academia partnerships backed by CSR funding can significantly contribute to building a knowledge-driven, equitable, and resilient India aligned with the goals of Viksit Bharat@2047. The paper concludes with strategic recommendations for policymakers, corporate leaders, and educational institutions to optimize CSR investments for national progress.