Godrej & Boyce, the flagship company of the Godrej Enterprises Group (GEG), plans to invest over ₹7,500 crore in the next three years to strengthen its technological capabilities and design-led innovation. Chairman and Managing Director Jamshyd Godrej stated that Godrej & Boyce aims to achieve ₹18,000 crore in revenue by FY25. The appliances division is expected to contribute ₹5,000 crore, while Godrej Interio will add ₹3,500 crore. The group has consistently reported annual revenue growth of 15-20%, and this trajectory is projected to continue.
Though a public listing of Godrej & Boyce is not imminent, Godrej hinted it could be considered in the future, emphasizing that growth has so far been supported by internal accruals. He noted, “A time may come when we may consider it, but no decisions have been made.”
GEG’s revenue is predominantly derived from its consumer business, accounting for 60% of total earnings. Following the group’s split earlier this year between GEG, led by Jamshyd Godrej, and the Godrej Industries Group, led by Adi and Nadir Godrej, neither group is expected to enter the other’s business domains even after the non-compete agreement expires in six years.
Godrej Enterprises Group (GEG) has outlined its strategic focus on three key clusters to drive future growth. The Consumer Business segment will concentrate on appliances and home solutions, catering to evolving consumer needs and lifestyle trends.
Meanwhile, the Nation-Building Cluster is set to capitalize on opportunities in aerospace, aviation, defence, and advanced engineering, supported by the government’s infrastructure development initiatives and policies aimed at enhancing private-sector involvement. The third area of focus, the Future-First Cluster, is aligned with emerging markets in sustainable technology, particularly battery storage and green energy solutions. This cluster represents GEG’s commitment to innovation and sustainability, positioning itself to address the growing demand for renewable energy and eco-friendly technologies. By prioritizing these clusters, GEG aims to balance investments across established and forward-looking industries, ensuring long-term growth and relevance in a dynamic market landscape.
Executive Director Nyrika Holkar highlighted the group’s balanced investment strategy across all clusters, with particular attention to research and development. She added that growth in the nation-building cluster is accelerated by government policies encouraging private-sector participation, enabling these segments to achieve 15-20% annual growth, with some businesses growing even faster.
To mark its evolution, GEG unveiled a refreshed logo and brand identity featuring a bold purple hue while retaining the iconic cursive signature of founder Pirojsha Godrej. This rebranding aims to unify its diverse businesses across B2B and B2C segments. This investment and repositioning reflect GEG’s vision of driving growth, innovation, and sustainability across its operations.
