This op/ed from the Times of India is worth a read. It discusses the rising wealth of many Indians, and argues that a rise in personal philanthropy is not coming along with it. India has 52 billionaires, the most in Asia. But it has only 4 people on the Forbes list of 48 top Asian philanthropists.
Of course, it depends a lot on how you measure philanthropy. A lot of Indian billionaires might be giving generously but unanimously, or giving to poor family members even. But it does indicate that India's wealthy are not sharing their wealth. I wonder how much this is an Indian thing, though. The op/ed gives prominent examples of US philanthropists, but that isn't statistically meaningful. There must be more US billionaires than Indian billionaires. A few examples of the generous doesn't demonstrate a Western priority on giving.
But the author does give a great qute from US philanthropist Christopher Hohn, “‘A man who dies rich, dies disgraced”.