Engineering excellence and a strong pioneering spirit continues to underscore the
operating philosophy of Godrej & Boyce Mfg. Co. Ltd. (G&B), the flagship company of
the Godrej Enterprises Group. Since 1897, G&B has played a pivotal role in India’s economic
growth and created sustainable value for all its stakeholders through its products
and services across ten industries.
With revenues of over INR 16,182 crore, Profit Before Tax INR 603 crore (FY-2023-24, Unaudited & Provisional) and over 15,000 committed employees,
G&B’s diverse presence across 10 industries – from building complex bespoke
engineering solutions to making branded consumer goods like appliances, furniture,
locks and security solutions. G&B positively impacts the lives of one-third of
India’s population. Through international subsidiaries and joint ventures, the
company’s products have also established a strong global footprint across 5
continents.
G&B’s B2B businesses have been built through strategic investments in high-end
engineering capabilities and manufacturing scale. The company is a key partner for
India’s space missions and numerous satellite launches as well as a key supplier for
complex engineered solutions for renewable energy, power transmission and other
critical industrial infrastructure globally. G&B’s security solutions have given the
company a key role in securing national borders, cities, bank vaults, institutions
and homes across India.
An intrinsic understanding of customers for over 127 years has helped G&B’s
businesses to constantly innovate and build products and solutions with clarity of
purpose. These are manufactured in G&B’s quality-driven and technology-led
facilities and distributed through a national and international network of partners.
The company engages with millions of consumers and businesses across the world by
building effective and efficient household appliances, providing solutions for
security, storage as well as interiors with an attention to detail and service that
are eponymous with trust and quality. The company is present in every corner of
India, fulfilling aspirations of customers and helping them lead secure and
fulfilled lives.
As a values-driven company known for its trust, integrity and social conscience, G&B
has built a compassionate corporate culture designed to empower individuals, teams,
and communities in order to cater to the requirements of customers and community.
For this, G&B has been consistently recognised as one of India’s most respected
companies. Its robust sustainability practices aptly demonstrated by its Good &
Green initiatives have helped preserve the environment and underscores G&B’s
business operations.
Facing the future with excitement and resolve, the DNA of G&B remains rooted in the
vision of the founders, Ardeshir and Pirojsha Godrej. Ardeshir eschewed a legal
career to embark on an entrepreneurial journey in the late 19th century driven by
his inventiveness and passion for people’s needs. Pirojsha’s strong business acumen
and Ardeshir’s inventive mind made them a strong team. They patented the world’s
first springless lock, built the first indigenously manufactured fire and burglar
resistant safe, and later created another global milestone by inventing a process to
make soap from vegetable oil. G&B has filed over 155 patents of which 110 have been granted.
These values were carried forward by Pirojsha’s son Naval Godrej who laid the
foundation for the urban township of Pirojshanagar in Vikhroli, Mumbai. It is now
home to over 10,000 families who live and work at G&B and it is where the company’s
global headquarters and key operations continue to be located.
To capture new opportunities emerging in a Digital-first, Industry 4.0 world, G&B is
reimagining and reengineering its portfolio by investing in digital technologies and
processes, building new skill sets among employees and engaging with customers
across social and online platforms.