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. 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 Mfg. Co. Ltd.
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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. 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.
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Timeline
- 1897- Godrej is established in 1897
- 1902 - Godrej makes its first Indian Safe
- 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
- 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
- 2011 - Godrej & Boyce shuts down its typewriter manufacturing plant, the last in the world.
- 2014 - Godrej kick-starts Masterbrand 2.0 - bigger & brighter; Launches FreeG; India's first non-web based mobile browsing experience, 18 November 2014
- 2015 - Godrej launched its food blog, Vikhroli Cucina.
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:
- Godrej Industries Ltd
- Godrej & Boyce
The major companies, subsidiaries and affiliates are
- Chemical & commodities
- Godrej Industries
- Chemicals
- Veg Oils
- Godrej Industries
- Consumer Goods
- Godrej Consumer Products
- Keyline Brands UK
- Rapidol South Africa
- Godrej Global Mideast FZE
- Godrej Indonesia - HIT, STELLA, MITU, Household
- Godrej SCA Hygiene Limited
- Godrej Hershey Foods & Beverages Limited
- Nutrine
- Godrej Sara Lee
- Godrej Consumer Products
- 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
- Godrej Agrovet
- Services
- Godrej HiCare (Pest Management Services)
- Godrej Global Solutions (ITES)
- Godrej Properties
- Godrej Infotech
Achievements
- 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 Indian company to introduce PUF ( Polyurethane Foam)
- Introduced India's first and only 100% CFC, HCFC, HFC free refrigerators (Claim to be validated)
Source of the article : Wikipedia
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