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ET Bureau Two of the biggest contributors to food losses are the lack of refrigerated transport and the lack of high quality cold storage facilities
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Industry
Founded Founder(s) Headquarters
Conglomerate
1897 Ardeshir Godrej Pirojsha Godrej Mumbai, Maharashtra, India
Area served
Key people Revenue Employees Website
Worldwide
Adi Godrej (Chairman) , Jamshyd Godrej, Nadir Godrej 21600 crore (US$3.3 billion)(2013) 26,000 (2013) www.godrej.com
WHAT IS GODREJ?
The Godrej Group is an Indian conglomerate . Its headquartered in Mumbai, Maharashtra, India. Its managed and largely owned by the Godrej family. It was founded by Ardeshir Godrej and Pirojsha Godrej in 1897. It operates in sectors as diverse as real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products.
HISTORY
Established in 1897, the Godrej group has grown in India from the days of the charkha to nights at the call centers. Their founder, Ardeshir Godrej, lawyer-turnedlocksmith, was a persistent inventor and a strong visionary who could see the spark in the future. His inventions, manufactured by his brother Pirojsha Godrej, were the foundation of todays Godrej empire. One of Indias most trusted brand, Godrej enjoys the patronage and trust of around 500 million Indians every single day. Their customers mean the world toThem. They are happy only when They see a delighted customer smile.
Top Management
Adi Godrej, Chairman, Godrej Group
Nadir Godrej, MD, Godrej Industries
Chairman, Godrej Agrovet Tanya Dubash, Chief Brand Officer, Godrej Industries Ltd Nisaba Godrej, Executive Director, Godrej Consumer Products Pirojsha Godrej, MD, Godrej Properties Vivek Gambhir, MD, Godrej Consumer Products
OPERATIONS
The Godrej group can be broadly divided into two major holding companies working independently:Godrej Industries Ltd Godrej & Boyce Mfg. Co. Ltd.
Company Description
Indias largest manufacturer of Oleochemicals
This unit of Godrej includes) 1. Chemicals (100% shares)
Financial Statistics
Parameter Total Income % increase in last year
24%
Net Profit
Profit Before Tax
34%
47%
35%
73%
(http://www.godrej.com/godrej/GodrejIndustries/Pdf/GIL_Q4FY2012-13_Media_Release.pdf
Beverages
Oils and Fats Food Soaps Others
http://www.godrej.com/godrej/GodrejIndustries /
Major Competitors
Company HUL Dabur India Market Share ( in crores) 130094.33 27634.23
Colgate Emami
GIL P&G Gillette India
19174.31 11264.40
10008.05 9457.92 7490.95
http://www.moneycontrol.com/competition/godrejindustries/comparison/GI2 3
Recent Happenings
Acquisition of 8 acres of MIDC property in Ambernath
Hersheys Ltd.
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.
Technical developments
Go Green Initiative
Trailing 1 million urban and rural population in skilled
employment Achieving zero waste and carbon neutrality Using 30% of energy from renewable energy sources Water recycling and reusing Having higher quality products for lower section of the population
Technical developments
Low priced raw materials to manufacture high quality
products Faster and higher volume productions More qualified personnel to operate machines Newer chemicals manufactured after following the trends of global markets
Thank You!