HISTORY:
- 118 year old company
- Started in 1897 by a Parsi Lawyer - Mr.Ardeshir Godrej.
- 1st Product : High Security Anchor locks
- 1st Indian made SAFE : in 1902.
- In 1918, along with his brother Mr.Piroisha Godrej, launched Godrej Soaps Ltd - manufacturing world's 1st Soap that did not contain animal fat. This soap later became popular under the name CINTHOL
- In 1923, 1st Steel cupboard / Almirah was manufactured.
- Post Independence, in 1951, the Election Commission asked Godrej to make Ballot Boxes for the first elections in free India.
- Now they make cryogenic engines for India's space mission.
- Also exports lots of plants and equipment's to refineries and petrochem plants across the world.
- Right now - managed by 3rd Generation -
- Mr. Adi Godrej who heads Godrej Industries
- His brother Mr.Nadir Godrej who is MD of Godrej Industries and chairman of Godrej Agrovet
- His cousin Mr.Jamshyd Godrej who manages Godrej & Boyce Manufacturing - consumer durable business.
Two main entities of the Group:
- Godrej & Boyce
- Godrej Industries
- Godrej Agrovet
- Golden Feed Products
- Godrej Oil Palm
- Cauvery Oil Palm
- Godrej Gold coin Aqua feed
- Godrej IJM Palm Oil
- JVS Godrej Tyson Foods
- ACI Godrej Agrovet
- Godrej Consumer Products
- Godrej Hershey
- Godrej Properties
- Natures Basket
Strategic inorganic growth:
- Acquired Translektra Domestic Producs which was manufacturing mosquito mats under brand "GOOD KNIGHT"
- Also bought brands Banish, Jet, Hexit and Ezee
- In 2001, acquired animal feed business from Hindustan Unilever
- In 2005 acquired Keyline brand (UK) which owns several trade marks like Cuticura, Erasmic and Nulon in places like Jordan, Australia, Africa and Europe.
- In 2010 launched 3 x 3 strategy to focus on 3 categories : Personal Wash Care, Hair Wash and Insecticides in continents like Asia, Africa and Sough America.
- Acquired Chilean company Cosmetica Nacional in 2015
- Also acquired Women's deodorant brand "Soft and Gentle" from UK based Colgate Palmolive in 2012.
- Godrej AGrovet acquired Astec Life Sciences.
Goal:
- Grow 10 times in next 10 years
- 'CREATE' - businesses in which Godrej group has strong presence
- Consumer PRoducts
- Real Estate
- Agri Products
- Transformation
- Emerging Businesses
- Betting high on Godrej Agrovet
- Gourmet Retailing company - Natures Basket
- Seed Business
- Godrej Consumer - key growth is from Hair colour and house hold insecticides
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