Godrej Group

Godrej Group
Private
Industry Conglomerate
Founded 1897 (1897)[1]
Founder Ardeshir Godrej
Pirojsha Burjorji Godrej
Headquarters Mumbai, Maharashtra, India
Area served
Worldwide
Key people
Adi Godrej (Chairman)
Jamshyd Godrej
Nadir Godrej
Tanya Dubash (Godrej)
Nisa Godrej
Pirojsha Godrej
Navroze Godrej
Sohrab Pirojsha Godrej
Ardeshir Godrej (Founder)
Pirojsha Burjorji Godrej (Co-Founder)
Naval Godrej
Anil Verma
Products Aerospace
Agriculture
Consumer goods
Home appliances
Chemicals
Construction
Electronics
Furniture
Real estate
Security solutions
Infotech
Revenue Increase US$4.1 billion (2015)[2]
Number of employees
28,000 (2016)
Subsidiaries GCPL, Godrej Infotech Ltd, Godrej Industries Ltd, Godrej Properties, Godrej Agrovet, Godrej & Boyce
Website www.godrej.com

The Godrej Group is an Indian conglomerate headquartered in Mumbai, Maharashtra, India, managed and largely owned by the Godrej family. It was founded by Ardeshir Godrej and Pirojsha Burjorji Godrej in 1897, and operates in sectors as diverse as real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products.[3] Subsidiaries and affiliated companies include Godrej Industries and its subsidiaries Godrej Consumer Products, Godrej Agrovet, and Godrej Properties, as well as the private holding company Godrej & Boyce.[4]

Career

In 1897 a young man named Ardeshir Godrej gave up law and turned to lock-making. Ardeshir went on to make safes and security equipment of the highest order, and then stunned the world by creating toilet soap from vegetable oil. His brother Pirojsha Godrej carried Ardeshir's dream forward, leading Godrej towards becoming a vibrant, multi-business enterprise.[5] Pirojsha laid the foundation for the sprawling industrial garden township now called Pirojshanagar in the suburbs of Mumbai, where the Godrej Group has its headquarters.

Timeline

Social responsibility

Godrej has a philanthropic arm that has built schools, dispensaries and a residential complex for their employees. Trusts established by Godrej continue to invest in education, healthcare and upliftment of the underprivileged. Godrej is a supporter of the World Wildlife Fund in India, it has developed a green business campus in the Vikhroli township of Mumbai, which includes 200 acr mangrove forest and a school for the children of company employees.

Twenty-five percent of the shares of the Godrej holding company are held in trusts that include the Pirojsha Godrej Foundation, the Soonabai Pirojsha Godrej Foundation[6] and the Godrej Memorial Trust. Through these trusts the Group supports healthcare, education and environmental sustainability initiatives such as The Mangroves,[7] Teach for India, WWF, Smile Train and the Godrej Memorial Hospital among others.

Operations

The Godrej group can be broadly divided into two major holding companies, working independently:

  1. Godrej Industries Ltd
  2. Godrej & Boyce

The major companies, subsidiaries and affiliates are[10]

Achievements

Awards

References

External links

This article is issued from Wikipedia - version of the 10/21/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.