Godrej Group
Godrej Group
Godrej Group
Industry Conglomerate
Employees 9,700
Website www.godrej.com
The Godrej Group is an Indian conglomerate founded by Ardeshir and Pirojsha Godrej in 1897,
Lalbaug, Mumbai.
Contents
[hide]
1 Background
2 Timeline[2]
3 Social responsibility
4 Corporate details
5 Achievements[5]
6 Awards[6]
7 External links
8 References
[edit] Background
Godrej Group is one of the largest conglomerates based in Mumbai, India, involved in various
industries that include appliances, precision equipment, machine tools, furniture, healthcare,
interior solutions, office equipment, food-processing, security, materials handling and industrial
storage solutions, construction and information technology. Its products include security Systems
and Safes, Typewriters and Word processors, Rocket Launchers, Refrigerators and Furniture,
Outsourcing Services, Machine Tools and Process Equipment, Cosmetics and Detergents,
Engineering Workstations, Medical Diagnostics and Aerospace Equipment, Edible Oils and
Chemical, Mosquito Repellents, Car perfumes, Chicken and Agri-products, Material Handling
Equipments Like FORKLIFT Trucks, Stackers, Tyre handlers, Sweeping machines, access
equipments etc. The Group is headed by Adi Godrej and Jamshyd Godrej.
Traditionally, Vikhroli, a suburb to the Northeast of Mumbai has been Godrej's manufacturing
base, but increasingly the group have moved significant production facilities away from
Mumbai. The Godrej group also owns vast land in Vikhroli, occupying 3500 acres (14 sq km) of
land on both sides of the Vikhroli section of the LBS marg. That makes the Godrej group the
biggest private land owner in Mumbai by far[citation needed]. Such vast land can, in theory, be used to
create at least 1,500 acres (6.1 km2) of residential floor space, which, at very modest rates
(Rs.10000/sq ft), can be sold for USD 16 billion . Thus, the Godrej group is sitting on an
invisible cashpile that is envy of other Indian conglomerates.
[edit] Timeline[2]
1897 - Godrej & Boyce Mfg. Co. Ltd established
1918 - Godrej Soaps Limited incorporated
1961- Godrej Started Manufacturing Forklift Trucks in India
1971- Godrej Agrovet Limited began as an Animal Feeds division of Godrej Soaps
1974 - Veg oils division in Wadala, Mumbai acquired
1990 - Godrej Properties Limited, another subsidiary, established
1991 - Foods business started
1991 - Godrej Agrovet Limited incorporated
1994 - Transelektra Domestic Products acquired
1995 - Transelektra forged a strategic alliance with Sara Lee USA
1999 - Transelektra renamed Godrej Sara Lee Limited and incorporated Godrej Infotech
Ltd.
2001 - Godrej Consumer Products was formed as a result of the demerger of Godrej
Soaps Limited. Godrej Soaps renamed Godrej Industries Limited
2002 - Godrej Tea Limited set up
2003 - Entered the BPO solutions and services space with Godrej Global Solutions
Limited
2004 - Godrej HiCare Limited set up to provide a Safe Healthy Environment to
customers by providing professional pest management services
2006 - Foods business was merged with Godrej Tea and Godrej Tea renamed Godrej
Beverages & Foods Limited
2007 - Godrej Beverages & Foods Limited formed a JV with The Hershey Company of
North America and the company was renamed Godrej Hershey Foods & Beverages
Limited
2008 - Godrej relaunched itself with new colourful logo and a fresh identity music
2010 - Godrej launched GoJiyo a free, browser based 3D virtual world[3]
The Godrej group can be broadly divided into two major holding companies, working
independently:
Godrej Industries
Chemicals
Veg Oils
FMCG
Keyline Brands UK
Rapidol South Africa
Godrej Global Mideast FZE
Godrej SCA Hygiene Limited
Nutrine
AGRI
Godrej Agrovet
Animal Feeds
Goldmohur Foods and Feeds
Golden Feed Products
Higashimaru Feed Products
Oil Palm
Agri Inputs
Godrej Aadhaar
Nature's Basket
Integrated Poultry Business
Plant Biotech
Services
[edit] Achievements[5]
In 1897, Godrej Introduced the first lock with lever technology in India.
In 1902, Godrej made the first Indian safe.
In 1920, Godrej made soap using vegetable oil, which was a huge hit with the vegetarian
community in India
In 1955, Godrej produced India's first indigenous typewriter
In 1989, Godrej became the first company to introduce PUF ( Polyurethane Foam)
Introduced India's first and only 100% CFC, HCFC, HFC free refrigerators
[edit] Awards[6]
GCPL, the Highest Ranked Indian FMCG in Asia's Hot Growth Companies' List by
Business Week
Godrej Consumer Products Ltd. has been ranked 14th in The Best Companies to Work
For study. This study was jointly conducted by Business Today, Mercer and Taylor
Nelson Sofres (TNS)
Godrej Consumer Products Ranks 6th in ET-Hewitt Best Employers of India survey
GCPL ranked 15th in Great Places to Work 2006 survey
The Corporate Citizen of the Year Award given by Economic Times.
Flagship brands Goodknight, Cinthol and Ezee selected Superbrands by the Superbrands
Council
Godrej Sara Lee, the JV between the Godrej Group and Sara lee Corporation, USA is
acknowledged the World's largest mat manufacturers and South Asia's largest
manufacturers of Coils.
Godrej Consumer Products Limited, adjudged as a Business Superbrand by the Super
Brands Council.
The Return on Capital Employed and Return on Net Worth ratios of Godrej Consumer
Products - the highest in corporate India.
Godrej Consumer Products was awarded the "Best Managed Workforce" award given by
Hewitt Associates and CNBC TV18.
Godrej Consumer Products features in the Top 25 list of Great Places to Work (survey
conducted by GrowTalent in association with Business World) for four years in a row.
Lifetime Achievement Award for Godrej Industries from CHEMEXCIL, the Basic
Chemicals Pharmaceuticals and Cosmetics Exports Promotion Council.