Godrej Enterprises Group facts for kids
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Private | |
Industry | Conglomerate |
Founded | 1897 |
Founders |
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Headquarters | Mumbai, Maharashtra, India |
Area served
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Worldwide |
Key people
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Jamshyd Godrej (Chairman & Managing Director) Nyrika Holkar (Executive Director) Anil Verma (Executive Director & CEO) |
Services |
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Number of employees
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16,000 |
Divisions |
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The Godrej Enterprises Group is a big Indian company based in Mumbai. It's known as a conglomerate, which means it's a group of many different businesses working together.
This company was started way back in 1897 by two brothers, Ardeshir Godrej and Pirojsha Burjorji Godrej. They became famous for making some of India's first special locks and refrigerators.
In 2024, the Godrej family changed how their businesses were set up. They created two main groups: Godrej Enterprises Group and Godrej Industries Group. Today, Jamshyd Godrej leads the Godrej Enterprises Group as its Chairperson and Managing Director.
The Godrej Enterprises Group works in over 60 countries around the world. Its businesses include things like aerospace (making parts for rockets), defense, energy, security, and consumer durables (like home appliances). The main company in this group is Godrej & Boyce. In 2024, the company also got a new purple logo, but it kept its well-known cursive writing style.
Contents
Company History
Godrej & Boyce (G&B) is the main company within the Godrej Enterprises Group. It was founded in 1897 by Ardeshir Godrej and his brother Pirojsha Burjorji Godrej. Pirojsha was in charge of making sure everything was built properly. The company started during a time called the Swadeshi movement, when people in India wanted to support Indian-made products. This helped the company grow as India began to develop its own industries.
In its early days, Godrej & Boyce created a new type of lock that didn't use springs. They also made India's first safe that could protect things from fire and burglars. Over the years, the company grew and started working in many different areas. For example, in aerospace, they have worked with the Indian Space Research Organisation (ISRO) for more than 30 years.
Later, under the leadership of Pirojsha’s son, Naval Godrej, the company expanded even more. They built a special industrial town called Pirojshanagar in Vikhroli, Mumbai. This town is now where the company's main offices are located.
How the Group Was Restructured
In April 2024, the Godrej family announced a big change. They decided to split the Godrej Group into two separate parts: Godrej Enterprises Group (GEG) and Godrej Industries Group (GIG). Jamshyd Godrej became the leader of GEG, and Nyrika Holkar was named an Executive Director. GEG now manages Godrej & Boyce and all its different businesses.
What the Company Does
The Godrej Enterprises Group works through its main company, Godrej & Boyce, and other related businesses. The group is involved in many different industries. These include aerospace and aviation, defense, energy, security products, construction, furniture, and information technology.
Home Appliances
Godrej started making home appliances in 1958 when they began producing refrigerators. Over time, they added more products like air conditioners, washing machines, and various kitchen appliances to their range.
Locks and Security
The company's work in security began in 1897 with the creation of locks. They later expanded to make security systems for homes and businesses.
Real Estate
The company is also involved in building new properties and renting them out.
Aerospace Work
Godrej Aerospace started in 1985. It makes important parts for India's space and defense programs. The company has provided very precise parts for famous missions like Mangalyaan (to Mars) and the Chandrayaan missions (to the Moon) for the Indian Space Research Organisation. They also create parts for the defense and aviation industries.
Furniture Making
Godrej began making furniture in 1923 with their famous Godrej Storewel cupboard. In 2006, Godrej Interio was created as a special division just for furniture. It makes furniture for homes and offices across India.
Vending Machines
The group also makes automatic vending machines. These machines provide drinks and food in places like offices and public areas.
Information Technology Services
Godrej Infotech is a part of Godrej & Boyce. It offers IT services, which include helping businesses with their processes, managing computer systems, and developing new software. They mainly help companies in manufacturing, retail, and distribution.