History of Godrej Group: - : (Company's Profile)

History of Godrej Group: -
(Company’s Profile)
The Company celebrated its centenary in 1997. 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 (ISO 14001-certified) now called Pirojshanagar in
the suburbs of Mumbai. Godrej touches the lives of millions of Indians every
day. To them, it is a symbol of enduring ideals in a changing world. Time and
again, with the launch of every new product, Ardeshir Godrej changed
perceptions in the Industry by adding exciting new dimensions. Be it the
manufacture of the finest range of security equipment or soap from vegetable
oils, the world was thrilled and stunned too. His dream had become a huge
movement, which was carried forward by another just as capable Godrej. The
man, who did so, was Ardeshir Godrej's own brother Pirojsha Godrej. He laid
the foundation of the Godrej Empire.
LANDMARK
Incorporation
Established in 1897, the Company was incorporated with limited liability
on March 3, 1932, under the Indian Companies Act, 1913.
The Beginning
The beginning of the Godrej Group can be traced to India's freedom
struggle. Its founder, Ardershir Godrej, a lawyer by profession and a staunch
nationalist, believed that India could attain freedom only by being self-reliant.
In doing so, India would overcome economic degradation.
The Godrej Name

The Godrej Name displaced well-established foreign brands from the
Indian market. The name 'Godrej' engraved into the shiny metal of the Godrej
Locks came to be known as a symbol of self-reliance, trust-worthiness,
assertiveness and progressiveness for a new generation of Indians.
 1897- Godrej was established in 1897

 1897- Godrej introduced the first lock with lever technology in India.
 1902 - Godrej makes its first Indian Safe
 1918 - Godrej Soaps Limited incorporated
 1920 - Godrej made soap using vegetable oil, which was a huge hit with the
vegetarian community in India
 1955 - Godrej produced India's first indigenous typewriter
 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
 1988 - Godrej Properties Limited, another subsidiary, established
 1989 - Godrej became the first Indian company to introduce PUF
(polyurethane foam)
 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[4]
 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
GODREJ MISSION
 Our Mission is to operate in existing and new businesses, which
capitalize on the Godrej brand and our corporate image of reliability and
integrity. Our objective is to delight our customer both in India and
abroad.
 We shall achieve this objective through continuous improvement in
quality, cost and customer service. We shall strive for excellence by
nurturing, developing and empowering our employees and suppliers.
 We shall encourage an open atmosphere, conducive to learning and
teamwork.
GODREJ VALUES
Commitment to Quality
Customer Orientation
Dedication & Commitment
Discipline
Honesty & Integrity
Openness & Transparency
Respect/Care & Concern for People
Team work
Trust
Organization Structure
Board of Directors: -
Jamshyd Godrej
Jamshyd Godrej is the Chairman of the Board of Godrej & Boyce Mfg. Co. Ltd.
He graduated in Mechanical Engineering from Illinois Institute of Technology,
USA. He is the Chairman of Aspen Institute – India.
Adi Godrej
Adi Godrej is the Chairman of the Godrej Group and several entities that are
part of one of India’s leading conglomerates. These include Indian companies
like Godrej Industries, Godrej Consumer Products, Godrej Properties as well as
international companies such as Keyline Brands U.K and Rapidol South Africa.
Nadir Godrej
Nadir Godrej is the Managing Director of Godrej Industries and Chairman,
Godrej Agrovet. He is also a Director of numerous firms including Godrej &
Boyce, Godrej Foods, Godrej Consumer Products and Godrej Sara Lee.
Other Executive Directors:
P. D. Lam, K. A. Palia, V. M. Crishna, A. G.Verma
Non-executive Directors:
A. B. Godrej, N. B. Godrej, K. N. Petigara, B. A.Hathikhanavala,F. P. Sarkari,
P. P. Shah, A. Ramachandran
Shareholders
Since its inception, the Company is controlled by the GODREJ family based
inMumbai, India. Its shares are not listed on any Stock Exchange. About one-
fourth of the Company's share capital is held by Pirojsha Godrej Foundation,a
public charitable trust.
Godrej & Boyce Mfg.Co.Ltd Branches (Sales and Service) and Retail
Showrooms The Company has a network of:
•38 Company-owned Showrooms
•More than 2,200 Wholesale Dealers, and more than 18,000 Retail Outlets. The
Company has Representative Offices in Sharjah (UAE), Nairobi (Kenya),
Colombo (SriLanka) and Riyadh (Saudi Arabia).
Godrej having the large number of employees, more than 28,000(2016). 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.

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History of Godrej Group: -

The Godrej Name

 1897- Godrej was established in 1897

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