Atmanirbhar Bharat Milestone: Godrej’s MPR System Earns CE Mark for Global Standards

• Godrej Enterprises Group’s Storage Solutions business earns CE certification for Mobile Pallet Racking system

In a significant milestone, the Storage Solutions business of Godrej Enterprises Group has received the prestigious Conformité Européenne (CE) certification from TÜV NORD for its indigenously developed Mobile Pallet Racking (MPR) System. This recognition reinforces the system’s compliance with stringent European safety and quality standards and highlights India’s growing capability in delivering globally Bench marked engineering solutions.

Designed and manufactured in-house, the Mobile Pallet Racking System is a high-density, high-performance storage solution that eliminates fixed aisles to maximise warehouse capacity while ensuring selective pallet access. Built on mobile bases that glide effortlessly along floor-mounted rails, the system delivers superior space optimisation and operational efficiency. The CE certification confirms adherence to the European Machinery Directive and Electromagnetic Compatibility Directive, underscoring the system’s reliability, safety, and engineering excellence.

Mobile Pallet Racking system by Godrej Enterprises' Storage Solutions business

Mr. Vikas Choudaha, Business Head, Storage Solutions, Godrej Enterprises Group, said, “This certification reinforces our commitment to innovation, quality, and self-reliance. By engineering a world-class solution in India that meets rigorous international standards, we are enabling Indian industries to optimise their operations and demonstrating the growing global competitiveness of Indian manufacturing. This milestone reflects our belief in Atmanirbhar Bharat and our aspiration to contribute meaningfully to India’s leadership in intralogistics and advanced storage technologies.”

The CE mark opens new global opportunities for the MPR System, streamlining procurement and regulatory approvals in international markets, particularly across Europe and other CE-compliant regions. It also assures customers of the system’s performance in demanding industrial environments, backed by rigorous testing and technical validation. For global and domestic clients alike, the certification enhances trust, credibility, and ease of adoption.

Godrej Enterprises Group (GEG) Unveils SafeLog: IoT-Driven Forklift Monitoring System to Boost Safety and Efficiency

In a strategic move to accelerate digital transformation in industrial operations, the Material Handling Equipment (MHE) business of Godrej Enterprises Group (GEG) has launched SafeLog – Vehicle Monitoring System, an advanced IoT-enabled solution designed to elevate safety, efficiency, and reliability in forklift operations. It enables proactive maintenance and data-driven decision-making, helping businesses maintain high safety standards while optimizing overall cost of ownership. SafeLog is seamlessly integrated into GEG’s forklift range and is purpose-built to address the growing complexity of industrial operations.

Anil Lingayat, Business Head, Material Handling Equipment, Godrej Enterprises Group, said, “SafeLog reflects our commitment to building intelligent, connected solutions for the material handling industry. It enables proactive maintenance, enhances safety, and delivers measurable value to our customers. With innovations like SafeLog, we continue to support the ‘Make in India’ vision while helping industries elevate their operational standards.”

By delivering real-time operational insights, maintenance alerts, and intelligent fleet analytics, it empowers businesses to reduce unplanned downtime by 10% and improve asset utilization by 15% across warehousing and intralogistics environments.

SafeLog has been developed with a strong focus on usability, reliability, and scalability. It is designed to function effectively even in low-connectivity environments, ensuring data collection stored on Indian servers complying with data security regulatory. The IOT solution is available on web and on both Google Play Store and IOS.

With the launch of SafeLog, Godrej Enterprises Group reaffirms its commitment to delivering digitally enabled, Made-in-India solutions that empower Indian industries to embrace the future of intelligent, operations, designed for India, and ready for the world. The business is already working on to add a layer of AI on this offering with objective of providing ‘Predictive Maintenance’ & usage base solutions in next 3 years.

Godrej’s AI-Powered Wash Revolution: Precision Laundry for the Indian Home

Godrej AI-powered Front Load Washing Machine range continues to redefine laundry care with its advanced technology and elegant design to offer superior wash performance and convenience, making clothes look like they are as good as new after each wash. Available in capacities ranging from 6.5 kg to 10 kg, this range is especially designed for Indian consumers keeping in mind their preferences based on various geographic and climatic conditions, family sizes and washing habits.

These machines are Powered by AI Technology that intelligently optimizes the wash and rinse, delivers optimal clothes care by smart load detection and water level adjustment, also saves precious water and energy, thereby redefining the washing experience for consumers.

Additional features include Steam Wash program that deep cleanses clothes, Refresh program that deodorizes lightly worn clothes, and FabriSafe™ Drum that helps to maintain the fabric quality. Furthermore, these machines can wash off 100+ different kinds of stains—even those up to 2 days old* and enable to dry clothes up to 30 minutes faster**, making daily laundry more convenient.

Designed with user-centric features like auto tub clean reminders, overflow protection, and an anti-rust cabinet, the range is backed by a 4-year comprehensive warranty and a 10-year motor warranty, reinforcing its long-term value proposition.

Disclaimers:

*Results based on internal testing conducted under standard testing conditions, on selected stains up to 48 hours old. Wash results may vary on ground.

**Results based on internal testing, under standard test conditions on selected models and may vary based on environmental factors. All tests are not demonstrated under actual usage situations.

Godrej's Tooling Biz Accelerates EV Supply Chain with Indigenous Precision Engineering and Strategic R&D

As India’s electric vehicle (EV) sector continues its sharp upward trajectory, the tooling business of Godrej Enterprises Group is playing a pivotal role in strengthening the industry's supply chain through advanced tooling solutions. With the automotive industry rapidly shifting gears towards adoption of electric vehicles in India, it has necessitated the development of new engines, battery boxes and high precision sheet metal parts.

In line with this, the business has enhanced its capabilities to serve the unique demands of EV manufacturing, focusing on high-precision dies and tooling solutions for critical EV components by increasing. Anticipating the surge in EV demand, the company had strategically invested 2–3% of its revenue in research & development and advanced machinery to foster future-ready innovation, meet evolving industry requirements, and enhance production efficiency.

With May 2025 registering a 28% year-on-year surge in EV sales and a record 1.96 million units sold in FY2025, the demand for locally manufactured, high-precision EV components has never been higher. The business has significantly ramped up its focus on high-precision dies and tooling systems tailored for the EV ecosystem. This focused approach is enabling India’s Tier 1 and Tier 2 automotive suppliers to meet evolving EV requirements while aligning with the government’s thrust on ‘Make in India’ and import substitution.

Over the past three years 10-15% of the business’s revenues are from EV-related tooling orders, reflecting the sector’s growing reliance on precision engineering and localized manufacturing.

Pankaj Abhyankar, Business Head, Tooling business of Godrej Enterprises Group, said, “As EV manufacturers scale up production to meet growing consumer demand, they require tooling partners who understand both the technical complexities and the commercial imperatives of this rapidly evolving sector. India’s EV transition is not just about vehicles, it’s about building a resilient, self-reliant, and globally competitive ecosystem. At Godrej Enterprises Group, we are proud to be enabling this transformation through our precision engineering solutions. These world-class tooling systems help reduce dependence on imports while improving lead times, cost efficiency, and product reliability.”

Godrej Enterprises Group is also exploring the localization of select tools currently produced overseas. By manufacturing these tools at domestic facilities, the business aims to boost exports while creating secondary markets for these localized solutions. This dual strategy of global servicing and local manufacturing underscores the company’s commitment to making India a hub for world-class tooling exports.

Godrej Industries’ Chemicals Business to Invest over INR 750 CR for Capacity Expansion

Godrej Industries Limited’s Chemical Business today announced significant capacity expansions in sync with the company’s growth plan to become a USD 1 Billion global business before 2030. With a total capital outlay for expansions to exceed INR 750 Crore over the next few years, the company has already kicked off several projects.

The company announced doubling of its Fatty Alcohol and Euric Acid capacities with an addition of 35,000 tons per annum and 20,000 tons per annum respectively. It has tripled its specialities capacity with an addition of 21,000 tons per annum while the glycerine capacity will be doubled with an addition of 24,000 tons per annum. The fermentation capacity will also see a threefold increase with an addition of 1,500 tons per annum. It plans to increase the Primary Surfactants capacity with an addition of 30,000 ton per annum. Additionally, to support the company’s sustainable operations, it will enhance its hybrid power capabilities thereby increasing renewable energy usage to 75 percent.

Vishal Sharma, Executive Director and Chief Executive Officer, Godrej Industries (Chemicals) said “Consistently achieving double-digit volumes and revenue growth year after year, it’s a very exciting time for us here at Godrej Chemicals. The significant investments in our R&D and Commercial teams reflect our commitment to Sustainable Operations and Green Products in our quest to deliver innovative solutions to our customers across all market segments. Our capacity additions align with our long-term aspirations to become a USD 1 Billion global business before 2030. On behalf of our entire team, I thank our customers, suppliers and stakeholders for their great support which is enabling our strong progress year after year.”

The company sees Green Chemistry as an important pillar in its growth strategy. While it is reducing its environmental footprint through energy efficient processes, adoption of renewable energy and zero waste goals, it is also leveraging biocatalysis, continuous manufacturing and fermentation for green, efficient and milder innovations. Hence, today’s announcement further reinstates the company’s strong focus on sustainability, innovation, and tailored solutions for its focus segments.

Godrej Aerospace's Kaveri Engine Delivery: A Milestone in India's Defense Manufacturing

India's aerospace and defense sector has taken a significant leap forward with Godrej Aerospace's delivery of the first two modules of the Kaveri derivative engine to the Gas Turbine Research Establishment (GTRE). This event marks a crucial milestone in India's journey toward self-reliance in military aviation technology.

The Kaveri Engine is India’s indigenous jet engine project developed by the Gas Turbine Research Establishment (GTRE) under DRDO. It was originally intended to power the HAL Tejas fighter aircraft but faced technical challenges that delayed its deployment.

Why Is This Delivery Important?

The Kaveri engine project has long been a symbol of India's ambition to develop indigenous jet propulsion technology. Originally conceived to power the HAL Tejas Light Combat Aircraft (LCA), the program faced technical challenges that led to its delinking from the Tejas project. However, the Kaveri derivative engine, a 48 kN dry thrust variant, has found new applications, particularly in autonomous air vehicles. 

Godrej Aerospace's successful delivery of these modules demonstrates India's growing capability in precision manufacturing and advanced engineering. The company has committed to delivering six more modules by the end of 2025, fulfilling a critical order placed by the Defence Research and Development Organisation (DRDO).

Strengthening India's Defense Ecosystem

This collaboration between GTRE and Godrej Aerospace highlights the increasing synergy between India's government research institutions and private industry players. By leveraging its expertise in precision engineering, Godrej Aerospace is contributing to India's Atmanirbhar Bharat (Self-Reliant India) initiative, reducing dependence on foreign suppliers for critical defense technology.

 

Moreover, the successful production of these engine modules lays the groundwork for future advancements, including India's aspirations to develop a 5th-generation fighter jet engine. The experience gained from manufacturing the Kaveri derivative engine will be instrumental in shaping India's next-generation propulsion systems.

Looking Ahead

With the remaining six modules set for delivery, India is steadily advancing toward indigenous unmanned aerial technology. The Kaveri derivative engine's role in autonomous air vehicles could pave the way for future stealth drones and combat UAVs, strengthening India's aerial defense capabilities.

Godrej Aerospace's achievement is more than just a delivery—it is a testament to India's evolving defense manufacturing prowess. As the country continues to innovate and refine its aerospace technology, this milestone serves as a stepping stone toward a future where India stands among the global leaders in military aviation.

India lacks high-altitude testing facilities, forcing reliance on foreign testing centers. Efforts are underway to develop Kaveri 2.0, which aims to bridge the gap with modern fifth-generation engines.

Undekha Eye Test: How Naga Sadhus Turned Into Live Eye Vision Testing Charts at Maha Kumbh Mela

A joint initiative by Eyebetes Foundation and Godrej Consumer Products Ltd

For over 125 years, Godrej has led the way in India on being Good and Green. Upholding this commitment, the group’s FMCG arm - Godrej Consumer Products Ltd (GCPL) has consistently driven impactful social initiatives. The company’s social programs like Project EMBED (Elimination of Mosquito-Borne Endemic Diseases) have been dedicated to preventing and controlling malaria, positively impacting 28.4 million lives across Chhattisgarh, Madhya Pradesh and Uttar Pradesh since 2016. GCPL achieved a historic milestone in 2024, by getting featured in the Dow Jones Sustainability Index (DJSI), ranking among the top 3 global FMCG companies for sustainability.

Building on this commitment, GCPL joined forces with the Eyebetes Foundation, a charitable organisation dedicated to creating awareness about diabetes and preventable blindness, to introduce the ‘Undekha Eye Test’, a unique eye vision testing that required people to read alphabets on the back of naga sadhus. This free eye check-up camp is created at Triveni Sangam site of Maha Kumbh Mela in Prayagraj, Uttar Pradesh. Conceptualized by Godrej Creative Lab, the in-house creative studio of GCPL, this unique initiative turned Naga sadhus into living eye vision testing charts, with bold Hindi letters painted on their bare backs in Devanagari script, transforming them into powerful ambassadors for vision awareness.

India is home to nearly 100 million diabetics, of which over 60% remain undiagnosed. Diabetes is also the largest cause of preventable blindness. As one of the world’s largest religious gatherings, Maha Kumbh Mela saw an influx of over 60 crore devotees. GCPL and Eyebetes Foundation introduced the ‘Undekha Eye Test’ at Maha Kumbh Mela bringing this critical issue to the forefront using India’s deep-rooted traditions to connect with people in a meaningful and memorable way.

Partnering with the revered Naga Akhara, the initiative provided free eye screenings and diabetes tests while distributing over 50,000 free eyeglasses to pilgrims and police personnel. Staffed with over 100 personnel, the Eyebetes camp has served over 40,000 people and making it one of the largest public health efforts at Kumbh 2025. For the naga sadhus, this was more than just a medical initiative—it was a spiritual duty.

Sudhir Sitapati, Managing Director and CEO, Godrej Consumer Products Ltd (GCPL), said, “Kumbh is a mela of big brands and big spends. To get people’s attention on a shoestring budget was a challenge. But in that challenge, the team found an opportunity to partner with the naga sadhus. For the first time ever, the naga sadhus, found it in them to support a social cause. As science and spirituality shook hands, the awareness drive encouraged over 50,000 people to get checkups in just 10 days, and the queues continue to grow.”

“The naga sadhus are only seen publicly at the Kumbh every 12 years. They're worshipped, revered and most importantly, stared at by everyone. So, we thought-why not turn every stare into an eye test. The Nagas were our spiritual influencers, the likes of which no brand in the world has ever seen before” said, Swati Bhattacharya, Global Head of Godrej Creative Lab, the in-house creative studio of GCPL.

Dr. Nishant Kumar, Founder, Eyebetes Foundation, said, “For me, the cause of preventable blindness is deeply personal. Diabetes-related blindness is preventable, yet millions remain unaware until it's too late. Bringing vision tests to the Maha Kumbh in a culturally resonant way turned awareness into action. We witnessed naga sadhus deliver a message that could indeed change people’s lives. We are thankful to Godrej Consumer Products for supporting the cause with a creative approach and amplifying the message to a wider audience. Sudhir Sitapati of Godrej Consumer Products believed in the cause of Eyebetes and put his creative team behind us to device this Naga sadhu Undekha Eye Test campaign which helped us reach lakhs of pilgrims at the Mahakumbh. This is a perfect example of people who share a concern for humanity working together selflessly to impact lives.”

The Maha Kumbh, which attracts millions of pilgrims, served as the perfect setting for this visual intervention. The impact of ‘Undekha Eye Test’ will extend beyond the Maha Kumbh. Striking photographs of naga sadhus sporting vision tests on their backs will now be turned into posters and distributed across temples and ashrams nationwide, ensuring continued awareness. By leveraging India’s deep-rooted traditions and cultural influencers in an innovative way, ‘Undekha Eye Test’ connected deeply with people at one of the world’s largest religious gatherings.

127-Year-Old Godrej Conglomerate Splitting Into Two Groups – Key Groups, Impact on Existing Contract and Shareholders

The Godrej family has decided to amicably split the 127-year-old conglomerate into two groups. This significant move will see the division of businesses and assets between the patriarch Adi Godrej and his cousin Jamshyd Godrej.

The Godrej Industries Group (GIG) will be controlled by Adi Godrej, Nadir Godrej, and their immediate families, while the Godrej Enterprises Group (GEG) will be under the control of Jamshyd Godrej and his immediate family.

The GIG includes listed companies such as Godrej Industries, Godrej Consumer Products, Godrej Properties, Godrej Agrovet, and Astec Lifesciences, among others. On the other hand, the GEG comprises unlisted entities like Godrej & Boyce Manufacturing Company and Godrej Infotech Limited, along with their respective subsidiaries and joint ventures.

This restructuring is aimed at maximizing strategic direction, focus, agility, and accelerating the process of creating long-term value for shareholders and all other stakeholders. The realignment has been described as respectful and mindful, ensuring to maintain harmony within the family and acknowledging the differing visions of the family members.

Key businesses under each group after the split

1. Godrej Industries Group (GIG)

• Godrej Industries: A listed company involved in various sectors, including agri-products, chemicals, and real estate.
• Godrej Consumer Products: Known for its consumer goods, including personal care, home care, and hair care products.
• Godrej Properties: A real estate development company.
• Godrej Agrovet: Engaged in animal feed, crop protection, and dairy.
• Astec Lifesciences: A company specializing in agrochemicals and pharmaceutical intermediates.

2. Godrej Enterprises Group (GEG)

• Godrej & Boyce Manufacturing Company: An unlisted entity with diverse interests, including appliances, furniture, and industrial products.
• Godrej Infotech Limited: Provides IT solutions and services.

The split aims to enhance strategic focus and create long-term value for shareholders and stakeholders while respecting the differing visions of the family members.

What will happen to the existing business contracts?

The split is said to be designed to be a strategic realignment with minimal disruption to ongoing operations. According to reports, the existing business contracts will remain in effect, and both groups will continue to honor their commitments.

The companies have stated that they will retain the esteemed Godrej brand and are committed to growing and strengthening their shared heritage. This includes maintaining the memoranda of understandings executed from time to time, especially for the development of land in Mumbai's Vikhroli owned by Godrej and Boyce.

Impact on shareholders

Typically, splits lead to the unlocking of shareholder value. Each group is expected to be financially better off, which can positively impact valuations.

Shareholders of both listed and unlisted companies within the conglomerate may benefit from improved value.

Analysts do not foresee a significant immediate impact on stock prices of listed entities due to the split. However, the overhang of uncertainty related to the restructuring has been removed.

Vikhroli Land Development

The development of land in Mumbai's Vikhroli, owned by Godrej and Boyce (an unlisted entity), is a key point of interest.

If Godrej Properties (a listed company) develops this land, it could be positive for the stock.

The restructuring is pending regulatory approvals, and once completed, it is expected that the two companies will operate independently while still upholding the terms of their existing contracts. The aim is to ensure a smooth transition that respects the legacy of the brand and the interests of all stakeholders, including customers, partners, and employees.

Coffee Vending Machine Prices: Factors to Consider Before Making A Purchase Decision

In today's world, where people live on the go, coffee vending machines have become common in offices, hotels and public spaces, satisfying the constantly increasing desire for a convenient caffeine boost. Choosing the ideal machine for your office can be daunting due to the increasing options and factors influencing the vending machine's overall cost. Price being at the centre of it all, you need to purchase a coffee machine that will maintain your budget and is also suited for the purpose.

While the initial coffee vending machine price usually matters most, other financial aspects of the purchase will significantly impact the machine's value and its long-term cost-effectiveness. By evaluating these price factors, you can find the perfect machine for your workforce while also making a wise investment for your bottom line.

Initial Cost of the Machine

When thinking about buying a coffee vending machine, the initial cost usually comes to mind. The initial coffee machine price can vary significantly depending on the machine's features, size, brand, capacity and overall quality. High-end coffee vending machines with advanced features and larger capacities tend to have higher price tags.

Before finalising your purchase decision, it is essential to consider your workforce's specific coffee needs. It is best to compare prices across different dealers, manufacturers, and suppliers to find the best price accommodation for affordability and functionality. While on the lookout, please remember that a lower-priced coffee vending machine for the office may be tempting to purchase. Ensure it meets your operational and quality requirements.

Operation Expenses

When evaluating the coffee vending machine price, it is crucial to consider the operating expenses. These include coffee beans, milk, cups, condiments, lids and other necessary supplies. Some coffee vending machines require specific proprietary supplies that are more expensive than generic alternatives.

Consider the volume of coffee you anticipate serving, and calculate the ongoing expenses. Additionally, you need to consider any special requirements like water filtration systems, waste disposal and energy use. All these contribute to the operating costs. Evaluating these will help you determine the total cost of ownership over time and make an informed decision.

Maintenance and Service Costs

Coffee vending machines for offices require regular maintenance to ensure optimal performance and longevity. Consider the ongoing costs of filter replacements, repairs and cleaning supplies when evaluating the buying price. Familiarise yourself with the manufacturer's recommendations regarding machine care intervals and procedures.

Taking all recommendations will help you factor in all expenses in the overall budget and evaluate the long-term cost-effectiveness of the machine. Some coffee vending machines may require professional servicing and technical support. These can incur additional expenses.

The Vending Machine's Scalability

To expand your office, you must also expand your coffee vending operations. Consider the machine's scalability as part of the coffee vending machine price. Go for models that are easy to upgrade or integrate into a larger coffee vending machine without incurring significant additional costs.

The scalability of the machine allows you to adapt to the increasing demand of your office coffee needs and avoid the option for a complete overhaul or replacement as your business grows. This factor saves you money in the long run and smoothly transition when expanding your operations.

Warranty and Support from the Manufacturer

When purchasing a coffee vending machine for the office, it's crucial to check for the warranty period offered by the manufacturer. A longer warranty period indicates the manufacturer's confidence in the machine's quality, putting your mind at peace because the manufacturer will cover the repair or replacement costs in case of malfunctions or defects within the warranty period.

Additionally, consider the level of support and maintenance services the manufacturer offers. Some offer extended support, readily available spare parts, or technical support. You can value these for the smooth operation of the machine.

Resale Value of the Machine

While this is never an immediate concern when purchasing a coffee vending machine, it is worth considering the potential resale value of the equipment anyway. Some models or brands hold better value than others in the used vending machine market. Assess the reputation of the coffee vending machine you intend to get and its market demand for used machines.

You get a clear estimate of the potential resale value. This factor is usually relevant only if you anticipate replacing or upgrading your coffee vending machine for the office in the future. Equipment with a good resale value can provide a higher return on investment and help offset the cost of a new machine or an upgrade.

As you search for the perfect coffee vending machine, it is crucial to approach this decision with a comprehensive understanding of all the price factors involved. While the initial cost is crucial, considering the service expenses, operation costs, maintenance, energy efficiency, and many others is equally vital. These will ensure you make the right decision that balances your budget with your desire for a reliable, cost-effective coffee vending experience. Remember, a well-researched purchase will satisfy your workspace coffee needs and leave you with financial peace of mind.

Over 1,000 Future Leaders of Indian Agriculture and Agribusiness to Be Honored by Indian Agribusiness Leaders

The Future of Agriculture Leaders in India (FALI), an initiative supported by leading agribusiness entities – Godrej Agrovet Ltd., UPL, Jain Irrigation, StarAgri, Rallis etc. –to make agriculture attractive for the next generation today kickstarted its 9th Annual Convention at Jalgaon’s Jain Hills. Bringing together over 1,000 school children and grooming them into the future leaders of Indian agriculture and agribusiness, the convention which is hosted by Jain Irrigation will be held over two days. These standard 8 and 9 students from 155 government-aided rural schools in Maharashtra and Gujarat are the winners of business plan and tech innovation contests in their schools. The convention marks the culmination of a highly effective programme.

Having empowered over 13,000 students, the goal of FALI and the programme is to make agriculture attractive to the next generation. As part of the programme, rural students participate in interactive classroom sessions and practicums. They have regular field visits, webinars and FALI Innovation films to expose them to innovations in agriculture and agro-enterprise; and they compete in business plan and innovation contests, with the winners getting to go to the annual FALI Convention.

The Association for Future Agriculture Leaders of India is a Section 8 company. Its directors are: Nadir Godrej, Chairman & MD of Godrej Industries Ltd and Chairman, Godrej Agrovet Ltd.; Rajju Shroff, Chairman of UPL; Anil Jain, Deputy Chair and CEO of Jain Irrigation which hosts the annual FALI Conventions; and Nancy Barry, President of NBA Enterprise Solutions to Poverty. The major CSR contributors to FALI are Godrej Agrovet Ltd, UPL, Jain Irrigation, StarAgri, Rallis and Omnivore, with several other leading agribusinesses and banks likely to join in supporting FALI this fiscal year.

Nadir Godrej, Chairman & MD of Godrej Industries Ltd and Chairman, Godrej Agrovet Ltd., who led the Working Group which created FALI and served as the Founding Chair, says: “Last year, when Godrej Agrovet Ltd. pioneered the FALI alumni internships, our managers were deeply impressed with the knowledge, maturity and passion of alumni who had just completed 12 standard, most exceeding performance of university students who have been interns at our company. We would be interested in hiring most of these interns when they complete their higher education.”

Over 95% of past students and their parents say that FALI already has transformed their attitudes toward agriculture as a career. They now see modern agriculture and agro-enterprise as an attractive future and they say that FALI has given them the tools that they need to succeed. Most students pursue higher education, mainly in agriculture, science and engineering, while continuing to influence practices on their family farms.

Rajju Shroff, who chaired the FALI 8 Convention, says, “I am deeply impressed with the knowledge of FALI students, the quality of their business plans and their passion for modern agriculture. With FALI growing by 25% a year, we will have over 250,000 alumni by 2031. These graduates will transform Indian agriculture.”

With over 33,000 alumni, this organisation has built internship, scholarship and venture funding programs for alumni which most companies that support the core FALI program fund directly. This encourages FALI students at critical points in their young lives to reinforce their knowledge of and commitment to agriculture and agro-enterprise.

Anil Jain, CEO of Jain Irrigation, says, “We are thrilled to be hosting once again the annual FALI Convention. It is truly rewarding to provide through FALI a unique opportunity to these young leaders to build their passion and commitment to transforming Indian agriculture and agro-enterprise. Our father went from a small village to build Jain Irrigation, and these students can do the same or more."

To Meet Growing Consumer Demand for Rental Equipment, Godrej & Boyce will Invest INR 100 Cr in its Material Handling Business

Expands reach across sectors in response to the surging rental equipment market.

Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej RenTRUST, a leading player in the material handling rental industry, has planned to invest INR 100 crores in capital assets over the next three years. This strategic move comes as the company foresees a significant surge in material handling requirements across the country. In Q4 of FY23, Godrej RenTRUST secured orders deploying 100+ units of equipment to esteemed clients across multiple industries such as shipping, 3PL, ecommerce, FMCG, manufacturing and F&B, demonstrating the company's commitment to long-term partnerships.

Mr Anil Lingayat, Executive VP and Business Head, Godrej Material Handling

With a strong belief in the potential of the rental market, Godrej RenTRUST aims to cater to the evolving needs of industries including auto, engineering, chemicals and pharma, F&B, FMCG, logistics, 3PL, ecommerce and retail.

The Indian rental market, estimated at INR 2200 crores, has shown a remarkable growth trajectory, with the organized segment gaining ground year after year. By opting for equipment rentals, customers significantly reduce their involvement in servicing requirements. Industry studies indicate that in the entire lifecycle of equipment, service consumes approximately 20% of the cost and 15% of the time of consumers. Reducing either of these aspects empowers industry players to become more competitive in their respective sectors.

Renting equipment has become a preferred option for businesses seeking managed services and bypassing high upfront costs. Compared to purchasing equipment, rentals offer a cost-effective solution that allows companies to choose optimal equipment tailored to their specific requirements. By embracing rental solutions, businesses can eliminate hidden and obvious costs associated with equipment ownership, thereby increasing productivity, meeting compliance standards, and achieving overall cost savings.

Over the past five years, Godrej RenTRUST has achieved a CAGR of 20%, solidifying its position as a trusted and leading player in the material handling rental industry and growing further. In this highly unorganized industry, Godrej RenTRUST continues to provide marquee services to enable fully complaint and safe operations with certified operators and high-quality equipment, that can be digitally monitored in real time by the clients. Customers benefit from their extensive reach in India across 300+ sites, optimized space and cost of warehouses, safer material handling movements till 12.5 meters height with increased throughput, with 80% of fleet being electric powered.

Commenting on this, Mr Anil Lingayat, Executive VP and Business Head, Godrej Material Handling, says, "We are thrilled to announce our investment of INR 100 crores in capital assets for Godrej RenTRUST, reflecting our strong belief in the rising demand for material handling solutions across the country. At Godrej RenTRUST, our focus is on empowering businesses to thrive by providing flexible rental options that eliminate high upfront costs and offer optimal equipment tailored to their specific needs. By delivering transparent rental contracts, exceptional service, and hassle-free maintenance, we aim to enhance our customers' productivity, drive operational efficiencies, and enable them to stay ahead in today's competitive landscape. This strategic investment underscores our commitment to revolutionize the material handling rental industry and deliver exceptional value to our valued customers."

One of the key advantages of Godrej RenTRUST's rental contracts is the transparency it provides in operational expenses. Customers can benefit from a predetermined cost structure, enabling them to determine operational efficiencies needed for their core business. Additionally, rental contracts ensure that no unforeseen expenses arise during the operational cycle, minimizing surprises and providing peace of mind. Companies are increasingly transitioning from capital expenditures to rental solutions leveraging the flexibility it offers in meeting expansion needs, greenfield projects, and fleet replacements.

With a customer-centric approach, Godrej RenTRUST is poised to cater to the ever-growing demands of the Indian market and ensure seamless and efficient material handling for businesses across various sectors.

Godrej & Boyce ('G&B'), a Godrej Group Company, was founded in 1897 and has contributed to India's journey of self-reliance through manufacturing. G&B patented the world's first springless lock and since then, has diversified into 14 businesses across various sectors from Security, Furniture, Aerospace to Infrastructure and Defence. Godrej is one of India’s most trusted brands serving over 1.1bn customers worldwide daily.

To learn more visit: www.godrej.com

Godrej Capital Launches NIRMAAN, a Digital Platform to Help MSMEs Grow their Businesses to their Potential

• Curated platform to provide MSME owners an all-inclusive opportunity to grow their businesses to their potential. 
• Godrej Capital has partnered with trusted brands like Amazon Global Selling, Onsurity, Zolvit, and MSMEx to provide solutions around core challenges faced by MSMEs and will look to enhance its partner network in the near future. 

Godrej Capital, the financial services arm of the Godrej Group, today announced its new digital platform, Nirmaan, to provide MSME owners an all-inclusive opportunity to grow their businesses. Carefully curated, Godrej Capital Nirmaan packs a range of partners that provide services critical to the growth of MSMEs.

The MSMEs in the country today face challenges like limited access to the market and the ability to expand beyond their regional reach, lack of know-how about legal and regulatory compliance requirements, Limited access to technology, hiring and retaining a skilled workforce, and limitation of access to credit. Godrej Capital Nirmaan aims to solve these challenges and provide services under the categories of ''Grow the Business,'' ''Ease Business Operations,'' and ''Transformation through upskilling.''

The company has initially partnered with Amazon Global Selling, Onsurity, Zolvit, and MSMEx to help increase the potential market reach, simplify legal and compliance, enhance employee health and welfare, and provide business coaching for small businesses. In addition, while Godrej Capital Nirmaan users get product & pricing offerings at a discounted price point, Godrej Capital customers will be entitled to additional and exclusive pricing benefits.

Furthermore, the flagship platform is the first in the BFSI industry in India. It goes beyond its core lending offering and provides value-added services encompassing business growth opportunities, ease of business, and knowledge and network avenues.

Speaking on the launch, Manish Shah, MD & CEO at Godrej Capital, said, "The Godrej Group has a longstanding commitment to contributing to the growth of the Indian economy, and through Godrej Capital, we are proud to launch Nirmaan, which will enable MSMEs to grow their fullest potential and thus drive economic growth of the country. We have closely studied the growth challenges of MSMEs in the country, and along with the lending services we already provide, with Nirmaan, we can help solve some of those challenges and support the sector's growth."

Godrej Capital is focused on bringing more value-adding services to the platform through strategic partnerships and keeping updated with the challenges that must be solved.

In this initial launch phase, services will be promoted in 30 key markets across India but available in all corners of India.

Godrej Capital has, so far, has disbursed over INR 5300 crores since inception in November 2020 across housing, SME, and MSME loans. In addition, it has expanded its presence across 13 cities in India.

Godrej Interio Bets on Ecommerce to Increase Revenues by 40%

The business observes a growing trend in purchase of high value furniture items

Plans to increase the number of pin codes available for online shopping by 1500 and the number of retail outlets by 100 in FY 23-24. 

Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Interio, India’s leading furniture brand in home and institutional segments has announced that it will generate INR 2500 crore in revenue by the end of FY 22-23. Earlier this year, the brand witnessed an integration of U&Us, an end-to-end home interior solutions brand and Script, premium furniture and home accessories brand in it’s portfolio. In addition to this, Godrej Interio expanded it’s reach by launching 100 stores in FY23 to reach potential customers in the country.

By increasing its delivery points to over 100 cities currently, Godrej Interio is targeting to increase the revenue generation by 30% in FY23-24. In order to provide more accessibility to clients over a wider territory, Godrej Interio will be expanding up to 100 outlets throughout India in Tier 1, 2 and 3 towns in FY23-24. Godrej Interio is leveraging digital tools and technologies to create more engaging experiences for its customers in order to improve the furniture buying experience. To enhance the consumer experience, Godrej Interio will also be experimenting the newer technologies and digital tools in smaller stores.

Swapneel Nagarkar, Senior Vice President & Business Head, Godrej Interio said, “As India is on the course to become 3rd largest economy by 2030, our goal is to make ourselves accessible to all our consumers around the nation. Along with stepping up our online presence, we'll keep growing our offline retail presence. Given that furniture is a touch and feel category, we observed that many customers purchased the item from our stores after researching it online, so we enhanced our use of digital technology to assist them in making a purchase they would be delighted with.

This year Godrej Interio revenue grew 20% compared to FY 21-22. In the next 2-3 years, we will focus on increasing market penetration and serving to tier 2-3 cities. We intend to boost our own D2C ecommerce channel by expanding deliveries to 1500 pin codes and improving the delivery backend, with the goal of doubling the platform's sales run rate by the end of this fiscal year. We have been growing at a CAGR of close to 20% for B2C products, 20% for B2B products and overall growth rate accruing up to 20 percent. Through our greater reach via expansion in e-commerce and retail stores, we plan to focus on Hybrid Work and multifunctional furniture offerings in addition to regular home furniture.”

Additionally, Godrej Interio plans to invest INR 150 Cr over the next one to two years in upgrading the best in class technology and machinery for manufacturing of all different types of furniture.

About Godrej Interio:

Godrej Interio is India’s leading premium furniture brand in both home and institutional segments with a strong commitment to sustainability and centers of excellence in design, manufacturing and retail.

Led by the largest in-house design team in the country in the furniture category and awarded with 34 India Design Mark Awards till date, GODREJ INTERIO aims to transform spaces with its thoughtfully designed furniture to create brighter homes and offices with products that have the highest design quotient in aesthetics, functionality and technology. With consistent pursuit of excellence and a special focus on health and ergonomics, GODREJ INTERIO’s product portfolio comprises of a wide range of solutions

Today, we design and manufacture furniture for office spaces, homes, educational institutes, healthcare facilities, laboratories and more. Along with furniture we offer Audio Visual and 360 Degree Turnkey solutions. Each of our product range revolves around comfort and aesthetics while delivering well-designed, long lasting and functional furniture solutions. In short, Godrej Interio helps the consumers to make every space the perfect setting for their myriad moods and moments.

Currently present in over 650 cities with 250 exclusive showrooms and 800 dealers, is one of the largest divisions of Godrej & Boyce Mfg. Co. Ltd., part of the Godrej Group, one of India's largest engineering and customer product groups.

Godrej Interio has 7 manufacturing facilities situated at Mumbai, Khalapur, Haridwar, Shirwal, and Bhagwanpur. GODREJ INTERIO’s Shirwal Plant is Green Co Platinum Certified, and Mumbai Plants are Green Co Gold Certified. GODREJ INTERIO is widely known for its comprehensive sustainability certifications for its products in furniture category.

GODREJ INTERIO commitment to the environment has resulted in manufacturing products with lesser environment footprint. Our pioneering efforts include designing less environment burdening products, usage of eco-friendly materials and setting up less polluting and consuming processes, ensuring eco-friendly packaging and transportation and finally the extended responsibility of recycling/reuse of used furniture and scrap, thus ensuring a lifecycle approach to green. GODREJ INTERIO has the widest range of green choices for our customers which not only includes products but also services such as green interiors and recycling.

The brand boasts of noteworthy awards received so far- CII Exim Bank Award for Business Excellence 2016, Superbrands 2017-18, Reader’s Digest Most Trusted Brand 2018 Gold (Home Furniture and Modular Kitchen), TRA’s India’s Most Consumer focused brand 2019, GreenCo Star Performer Award 2019, National Energy Leader Award at CII National Award for Excellence in Energy Management 2018.

For further information, please visit https://www.godrejinterio.com/

Godrej & Boyce sees new opportunities as the Indian Space Sector opens up for private participation

Godrej Aerospace partners with ISRO on its first satellite launch since January '20

MUMBAI, India , Nov. 18, 2020 /PRNewswire/ -- Godrej Aerospace, the aerospace and defence business of Godrej & Boyce, today announced that it sees significant opportunities to capture emerging from the opening up of the Indian Space sector which permits increased private participation.

This follows ISRO's (Indian Space Research Organization) successful launch of its own earth observation satellite (EOS-01), as well as nine satellites from other countries, using Polar Satellite Launch Vehicle (PSLV-C49), from the Satish Dhawan Space Centre in Andhra Pradesh on November 7, 2020 .

Godrej Aerospace played a key role in the first satellite launch after the COVID-19 pandemic began, by manufacturing the Vikas engine which is used to propel the second stage of the rocket.

This was the 51st mission for ISRO's PSLV as this launch vehicle continues to cement its reputation globally as one of the best rockets in its category, and is known for its reliability.

Congratulating ISRO, Mr. S M Vaidya, EVP & Business Head, Godrej Aerospace, said, "The successful launch of ISRO's PSLV carrying 10 satellites was a special occasion as ISRO overcame many constraints during the pandemic to enable this launch ."

He added: "We believe that ISRO's future space missions and their call for more private sector participation in Space will ensure better opportunities for Godrej Aerospace to showcase its engineering and manufacturing excellence and thereby continue to drive self-reliance in this strategic area ."

Godrej Aerospace has been partnering with ISRO for over 30 years to manufacture complex systems such as the liquid propulsion engines for PSLV and GSLV rockets, thrusters for satellites, and antenna systems.

Godrej Aerospace has also played an integral part in the Chandrayaan and Mangalyaan missions to the Moon and Mars respectively and has been proudly committed to the cause of driving indigenous manufacturing for India's space programs which are key to propel India's technological prowess on the global stage.

About Godrej & Boyce Mfg. Co.

Godrej & Boyce ('G&B'), a Godrej Group company, was founded in 1897, and has contributed to India's journey of self-reliance through manufacturing. G&B patented the world's first springless lock and since then, has diversified into 14 businesses across various sectors from Security, Furniture, Aerospace to Infrastructure and Defence. Godrej is one of India's most trusted brands serving over 1.1bn customers worldwide daily.

Mitsubishi's MUFG Bank Acquires Stakes in Indian Firms including Tech Mahindra, Tata Global Beverages

Mitsubishi UFJ Financial Group (MUFG), one of the main companies of Japan's Mitsubishi Group, has acquired significant stakes in several Indian companies, including Dr Reddy's, Tech Mahindra, Tata Global Beverages, Godrej Consumer, Marico and Cyient through acquisition of entities that hold shares of the companies.

The acquisitions of indirect stakes in different companies follow MUFG's acquisition of First State Investments (UK), First State Investments (Singapore) Colonial First State Asset Management (Australia), First State Investments Ltd, Mitsubishi UFJ Trust and Banking Coporation and Mitsubishi UFJ Kokusai Asset Management on August 2.

These entities held stakes in the said companies, according to separate regulatory filings.

Godrej Consumer Products Ltd (GCPL) said following the transaction, MUFG has an aggregated interest of 5.47 per cent.

Similarly, Marico Ltd said MUFG's stake in it has gone up to 6.47 per cent from 0.02 per cent earlier.

Pharma major Dr Reddy's said MUFG has acquired an indirect interest amounting to 8.41 per cent, up from 0.05 per cent stake earlier.

Likewise, MUFG also acquired an indirect interest of 9.93 per cent stake in Tata Global Beverages Ltd following acquisition of entities that hold shares of the company.

A filing by Tech Mahindra showed that MUFG had acquired an indirect interest of 9.01 per cent. "The thresholds for disclosures ...are met and currently, MUFG has an aggregated interest in Tech Mahindra of 9.01 per cent ordinary share capital as on August 2, 2019, which is the date of acquisition. This is based upon a total of 88,786,599 shares held and a total of 9,85,201,274 voting rights on issue," it said.

Similarly, a filing by Cyient said MUFG has acquired an indirect interest of 9.81 per cent in the company. PTI RKL SR

Rising Hate-Crimes, Intolerance to Seriously Damage Economic Growth - Godrej

Noted industrialist Adi Godrej Saturday warned that the rising intolerance, hate crimes and moral policing can "seriously damage" economic growth of the nation.

Godrej, however, congratulated Prime Minister Narendra Modi for presenting a "grand vision" to build a new India and nearly double economy to a USD 5 trillion giant over the course of his second term in office.

He was quick to add that all is not well in the country and pointed out a slew of concerns on the social front, warning of their impact on growth as well.

"It's not all a rosy picture now. One must not lose sight of the massive impoverishness plaguing our nation which can seriously damage the pace of growth going forward and prevent us from realising our potential," Godrej warned while addressing a gathering to celebrate the 150th anniversary of his alma mater St Xavier's College.

The industrialist further warned that economic growth will be impacted if "rising intolerance, social instability, hate-crimes, violence against women, moral policing, caste and religion based violence and many other sorts of intolerance are rampant across the country," are not contained to ensure social harmony.

He said unemployment is at 6.1 percent, a four-decade high, and needs to be tackled at the earliest.

The "massive" water crisis, growing use of environment-damaging plastics and the crippling medical
facilities, courtesy the countrys healthcare spend is the lowest among its emerging market peers, are some of the other issues that need to be tackled on a war footing, he said.

Noting that many issues must be fixed at a fundamental level, he warned that without doing so, the country cannot achieve her true growth potential.

The remarks come amid a continuing spate of hate crimes like mob-lynching in the name cow or in the name of religion being reported from many parts of the country, including from a Mumbai suburb where a Muslim cab driver was assaulted recently because of his faith.

Godrej congratulated the prime minister for unveiling a vision to create a new India where "we dont live in fear and suspicion and can trust the political leadership for being accountable".

But he was quick to add that things on the ground are taking time to change when it comes to accountability, but exuded confidence that the many measures initiated will lead to significant changes in the times of come.

Exhorting the students not to shy from leadership, he reminded them that leadership is about telling the truth without worrying whether it is popular or not.

He also urged them to be compassionate and empathetic and at the same time level-headed.

Solar Tech Startup ZunRoof Raises $1.2 Mn from Godrej family office

Gurgaon headquartered ZunRoof, a solar tech startup, has raised a fresh round of pre-series A funding of $1.2 million from Godrej family office.

ZunRoof, which has designed solar rooftops for over 10,000 residential houses, plans to use the funds raised in its expansion and further strengthen its product portfolio.

With this round, the startup has raised a total of about $1.5 million in funding over four rounds. The startup last raised funds in January when it receives an undisclosed capital in its 3rd round of angel funding from angel investors including Ramakant Sharma, Founder of Livspace and Arun Diaz of IntelleGrow along with the lead investors of ZunRoof's previous round.

The ZunrRoof funding comes within a week after an another rooftop solar PV startup, CleanMax Solar, raised $39 million in funding from the United Kingdom (UK) Climate Investments LLP (UKCI), which is a joint venture between the Green Investment Group and the U.K. Government’s Department for Business, Energy and Industrial Strategy.

Launched in 2016, ZunRoof designs and delivers the right Solar PhotoVoltaic (PV) solution for urban home owners in Delhi (NCR). It installs solar PV systems on rooftops to produce and sell electricity to the grid. The company uses computer vision, AI (artificial intelligence) and VR (virtual reality) to streamline the solar rooftop installation and maintenance for homeowners.

The startup claims to be contributing to the government's target of achieving 40 Gw of rooftop solar power by 2022.

"Our pre-series A and backing from Pirojsha Godrej comes at the perfect time - allows us to hire and retain great talent, scale solar rooftop operations across India and launch our home-IOT products. We are already market leaders for residential solar rooftops in more than 40 cities and aim to build on this lead to bring smart and clean energy choices to every home in India," Pranesh Chaudhary, founder & chief executive officer of ZunRoof said on the fourth round of funding.

The home tech startup serves customers in more than 40 cities, including Delhi-NCR region, Bengaluru, Chennai, Chandigarh, Lucknow, Kanpur, Agra, Jaipur, Haridwar, Ludhiana, and Jalandhar.

"We are delighted to support ZunRoof's exciting plans in the home IOT (internet of things) and solar rooftop spaces. The founders' exciting vision combined with the passion, knowledge and the leadership they've demonstrated in the space makes us very excited to be a part of their journey," said Pirojsha Godrej, Executive Chairman, Godrej Properties.

Zunroof has developed proprietary tools, which help it to come up with accurate size and design of the system as well as all techno-economic feasibility metrics of the roof within minutes.

According to Mercom India Research’s Q4 and Annual 2018 India Solar Market update, Rooftop solar had an impressive year in 2018 growing by 66%. While the Indian solar market installed 8,263 MW in CY 2018, down 15.5% compared to 9,782 MW in CY 2017 as the safeguard duty, GST issues, and land and transmission issues took a toll on the large-scale installations.

Via ~ Business Standard

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