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{{Short description|Subsidiary of Godrej Group}} | |||
{{Use dmy dates|date=July 2018}} | {{Use dmy dates|date=July 2018}} | ||
{{Use Indian English|date=July 2018}} | {{Use Indian English|date=July 2018}} | ||
{{Infobox company | {{Infobox company | ||
| name = Godrej & Boyce Mfg. Co. Ltd. | | name = Godrej & Boyce Mfg. Co. Ltd. | ||
| logo = | | logo = GnB-logo.svg | ||
| logo_size = 250px | | logo_size = 250px | ||
| type = [[Public company|Public ltd.]] | | type = [[Public company|Public ltd.]] | ||
| Line 11: | Line 12: | ||
| location = [[Mumbai]], [[Maharashtra]], [[India]] | | location = [[Mumbai]], [[Maharashtra]], [[India]] | ||
| hq_location_country = India | | hq_location_country = India | ||
| key_people = [[Jamshyd Godrej]] ([[Chairman]] & [[ | | key_people = [[Jamshyd Godrej]] ([[Chairman]] & [[Managing Director]]) <ref name="g2">{{cite news |title=Godrej Group headed for family split: Report |url=https://www.livemint.com/companies/news/godrej-group-headed-for-family-split-report-11635520330472.html |access-date=2 November 2021 |work=mint |date=29 October 2021 |language=en}}</ref> <br /> [[Navroze Godrej]] <br /><ref name="g1">{{cite news |last1=Singh |first1=Namrata |title=4th-gen Godrej ushers in new culture at G&B - Times of India |url=https://timesofindia.indiatimes.com/business/india-business/4th-gen-godrej-ushers-in-new-culture-at-gb/articleshow/48026794.cms |access-date=2 November 2021 |work=The Times of India |date=11 July 2015 |language=en}}</ref> Vijay Crishna <ref name="g2"/> <br /> Nyrika Holkar <ref name="g3">{{cite news |title=Godrej Group’s plan to split enters next stage - Times of India |url=https://timesofindia.indiatimes.com/business/india-business/godrej-groups-plan-to-split-enters-next-stage/articleshow/87378607.cms |access-date=2 November 2021 |work=The Times of India |date=30 October 2021 |language=en}}</ref><br /> Anil Verma <ref name="g1"/> <br /> | ||
| industry = [[Home appliance|Appliance]]s <br /> [[Furniture]] <br /> | | industry = [[Home appliance|Appliance]]s <br /> [[Furniture]] <br /> Security Solutions <br /> [[Aerospace]] & [[Defense industry|Defense]] <br /> Process Equipment <br /> Intra Logistics <br /> [[Green Infrastructure]] <br /> Precision Engineering <br /> [[IT Services]] | ||
| brands = [[Godrej Interio]] | | brands = [[Godrej Interio]] U&US India Circus Godrej Appliances Godrej Locks Godrej Security Solutions Script | ||
| services = | | services = | ||
| products = [[Home Appliances]] <br /> [[Furniture]] <br /> Security products <br /> Systems for Aerospace <br /> Industrial Logistics <br /> Infrastructure Development <br /> [[Real Estate]] | | products = [[Home Appliances]] <br /> [[Furniture]] <br /> Security products <br /> Systems for Aerospace <br /> Industrial Logistics <br /> Infrastructure Development <br /> [[Real Estate]] | ||
| revenue = {{ | | revenue = {{gain}} {{INRConvert|11400|c}} (2019–20) <ref name="g3"/> | ||
| operating_income = | | operating_income = | ||
| net_income = | | net_income = | ||
| Line 22: | Line 23: | ||
| equity = | | equity = | ||
| num_employees = 12,000+ | | num_employees = 12,000+ | ||
| homepage = www. | | homepage = https://www.godrej.com/godrejandboyce/ | ||
}} | }} | ||
'''Godrej & Boyce Mfg. Co. Ltd'''. (G&B) is the flagship company of the Godrej Group. Established in 1897 in Mumbai, India, G&B is a privately held company with a presence across 10 industries – from building complex and custom engineering solutions for critical industries like aerospace, | '''Godrej & Boyce Mfg. Co. Ltd'''. (G&B) is the flagship company of the [[Godrej Group]]. Established in 1897 in [[Mumbai]], India, G&B is a privately held company with a presence across 10 industries – from building complex and custom engineering solutions for critical industries like aerospace, defence, clean energy, railways and automotive to manufacturing branded goods. | ||
Headquartered in Pirojshanagar at Vikhroli, Mumbai, India, Godrej and Boyce also offers products in Europe, U.S., Middle East, Africa and South East Asia. | Headquartered in Pirojshanagar at Vikhroli, Mumbai, India, Godrej and Boyce also offers products in Europe, U.S., Middle East, Africa and South East Asia. | ||
Mr. [[Jamshyd Godrej]] is the company's chairman and managing director. | Mr. [[Jamshyd Godrej]] is the company's chairman and managing director. | ||
== History == | == History == | ||
Godrej & Boyce's story began as part of India's Swadeshi movement – the original 'Make in India' movement. Founded by | Godrej & Boyce's (G&B) was founded in 1897. G&B's story began as part of India's Swadeshi movement – the original 'Make in India' movement. Founded by Ardeshir Godrej (1868–1936), a serial innovator and inventor along with his brother Pirojsha Burjorji Godrej, who focused on manufacturing. They patented the world's first springless lock, built the first indigenously manufactured fire and burglar resistant safe in India, and later invented a process to make soap from vegetable oil.<ref name="g4">{{cite news |title=Godrej & Boyce looks to earn 1/3rd of revenue from green products |url=https://economictimes.indiatimes.com/news/company/corporate-trends/godrej-boyce-looks-to-earn-1/3rd-of-revenue-from-green-products/articleshow/87137753.cms |access-date=10 November 2021 |work=The Economic Times |agency=PTI |date=19 October 2021}}</ref><ref name="g5">{{cite book |last1=Noe |first1=Raymond A. |last2=Kodwani |first2=Amitabh Deo |title=Employee Training and Development - SIE |publisher=Tata McGraw-Hill Education |isbn=9781259004728 |page=97 |url=https://www.google.co.in/books/edition/Employee_Training_and_Development_SIE |access-date=10 November 2021}}</ref> | ||
Pirojsha's son Naval Godrej laid the foundation for the urban township of Pirojshanagar in Vikhroli, Mumbai, where the company's global headquarters and key operations are located today.<ref name="g4"/> | |||
In [[Business Today (India)|Business Today]] [[B. K. Karanjia|B.K. Karanjia]], in his book, Godrej: A Hundred Years, quotes a testimonial: A survivor of another fire in 1914 says of the family safe: "Being Godrej's, we were confident the papers [inside] would be found intact, but some of us had doubts about the safety of the pearls. On opening the safe, we were all agreeably surprised to see that the pearls were perfectly safe and as lustrous as before the fire." Even King George V and Queen Mary used a Godrej safe to store valuables on their 1911 India visit for the Delhi durbar.<ref>{{Cite web|url=https://www.businesstoday.in/magazine/cover-story/story/godrej-and-boyce-is-100-year-old-indian-companies-22787-2011-06-23|title = Godrej & Boyce products remain iconic}}</ref> | In [[Business Today (India)|Business Today]] [[B. K. Karanjia|B.K. Karanjia]], in his book, Godrej: A Hundred Years, quotes a testimonial: A survivor of another fire in 1914 says of the family safe: "Being Godrej's, we were confident the papers [inside] would be found intact, but some of us had doubts about the safety of the pearls. On opening the safe, we were all agreeably surprised to see that the pearls were perfectly safe and as lustrous as before the fire." Even King George V and Queen Mary used a Godrej safe to store valuables on their 1911 India visit for the Delhi durbar.<ref>{{Cite web|url=https://www.businesstoday.in/magazine/cover-story/story/godrej-and-boyce-is-100-year-old-indian-companies-22787-2011-06-23|title = Godrej & Boyce products remain iconic}}</ref> | ||
== Sustainability == | == Sustainability == | ||
As a part of its Good & Green strategy, the company focuses on three pillars: | Godrej & Boyce aims to generate over 1/3rd of its overall revenues from environment friendly products. Apart from this, G&B has supported a skilling initiative called Disha for more than ten years.<ref name="g4"/> As a part of its Good & Green strategy, the company focuses on three pillars: | ||
# Ensuring employability | # Ensuring employability | ||
# Building a greener India | # Building a greener India | ||
# Innovating for Good & Green Products | # Innovating for Good & Green Products | ||
== Godrej & Boyce Business Units == | |||
* Godrej Aerospace | |||
* Godrej Appliances | |||
* Godrej Construction | |||
* Godrej Electrical & Electronics | |||
* [[Godrej Interio]] | |||
* Godrej Locking Solutions & Systems | |||
* Godrej Lawkim Motors | |||
* Godrej Material Handling | |||
* Godrej Precision Engineering | |||
* Godrej Process Equipment | |||
* Godrej Security Solutions | |||
* Godrej Storage Solutions | |||
* Godrej Tooling | |||
* Godrej Vending | |||
* Godrej Koerber | |||
* Godrej Infotech | |||
==Major subsidiaries and affiliates== | ==Major subsidiaries and affiliates== | ||
* Godrej Infotech Ltd. | * Godrej Infotech Ltd. | ||
* Godrej Korber | * Godrej Korber | ||
| Line 70: | Line 72: | ||
* Godrej (Vietnam) Co. Ltd. | * Godrej (Vietnam) Co. Ltd. | ||
* Godrej & Khimji (Middle East) LLC. | * Godrej & Khimji (Middle East) LLC. | ||
* Godrej Americas Inc. | * Godrej Americas Inc. | ||
==References== | ==References== | ||
| Line 102: | Line 78: | ||
| break = no break | | break = no break | ||
}} | }} | ||
{{reflist}} | {{reflist|2}} | ||
{{Godrej Group}} | {{Godrej Group}} | ||
{{Electronics industry in India}} | {{Electronics industry in India}} | ||
| Line 117: | Line 93: | ||
[[Category:Indian companies established in 1897]] | [[Category:Indian companies established in 1897]] | ||
[[Category:Manufacturing companies established in 1897]] | [[Category:Manufacturing companies established in 1897]] | ||
[[Category:Home appliance manufacturers of India]] | |||
Latest revision as of 16:14, 27 May 2022
| Error creating thumbnail: File missing | |
| Industry | Appliances Furniture Security Solutions Aerospace & Defense Process Equipment Intra Logistics Green Infrastructure Precision Engineering IT Services |
|---|---|
| Founder(s) | Ardeshir Godrej |
| Headquarters | Mumbai, Maharashtra, India, India |
Key people | Jamshyd Godrej (Chairman & Managing Director) [1] Navroze Godrej [2] Vijay Crishna [1] Nyrika Holkar [3] Anil Verma [2] |
| Products | Home Appliances Furniture Security products Systems for Aerospace Industrial Logistics Infrastructure Development Real Estate |
| Brands | Godrej Interio U&US India Circus Godrej Appliances Godrej Locks Godrej Security Solutions Script |
| Revenue |  ₹11,400 crore (US$1.6 billion) (2019–20) [3] |
Number of employees | 12,000+ |
| Website | https://www.godrej.com/godrejandboyce/ |
Godrej & Boyce Mfg. Co. Ltd. (G&B) is the flagship company of the Godrej Group. Established in 1897 in Mumbai, India, G&B is a privately held company with a presence across 10 industries – from building complex and custom engineering solutions for critical industries like aerospace, defence, clean energy, railways and automotive to manufacturing branded goods.
Headquartered in Pirojshanagar at Vikhroli, Mumbai, India, Godrej and Boyce also offers products in Europe, U.S., Middle East, Africa and South East Asia.
Mr. Jamshyd Godrej is the company's chairman and managing director.
History[edit | edit source]
Godrej & Boyce's (G&B) was founded in 1897. G&B's story began as part of India's Swadeshi movement – the original 'Make in India' movement. Founded by Ardeshir Godrej (1868–1936), a serial innovator and inventor along with his brother Pirojsha Burjorji Godrej, who focused on manufacturing. They patented the world's first springless lock, built the first indigenously manufactured fire and burglar resistant safe in India, and later invented a process to make soap from vegetable oil.[4][5]
Pirojsha's son Naval Godrej laid the foundation for the urban township of Pirojshanagar in Vikhroli, Mumbai, where the company's global headquarters and key operations are located today.[4]
In Business Today B.K. Karanjia, in his book, Godrej: A Hundred Years, quotes a testimonial: A survivor of another fire in 1914 says of the family safe: "Being Godrej's, we were confident the papers [inside] would be found intact, but some of us had doubts about the safety of the pearls. On opening the safe, we were all agreeably surprised to see that the pearls were perfectly safe and as lustrous as before the fire." Even King George V and Queen Mary used a Godrej safe to store valuables on their 1911 India visit for the Delhi durbar.[6]
Sustainability[edit | edit source]
Godrej & Boyce aims to generate over 1/3rd of its overall revenues from environment friendly products. Apart from this, G&B has supported a skilling initiative called Disha for more than ten years.[4] As a part of its Good & Green strategy, the company focuses on three pillars:
- Ensuring employability
- Building a greener India
- Innovating for Good & Green Products
Godrej & Boyce Business Units[edit | edit source]
- Godrej Aerospace
- Godrej Appliances
- Godrej Construction
- Godrej Electrical & Electronics
- Godrej Interio
- Godrej Locking Solutions & Systems
- Godrej Lawkim Motors
- Godrej Material Handling
- Godrej Precision Engineering
- Godrej Process Equipment
- Godrej Security Solutions
- Godrej Storage Solutions
- Godrej Tooling
- Godrej Vending
- Godrej Koerber
- Godrej Infotech
Major subsidiaries and affiliates[edit | edit source]
- Godrej Infotech Ltd.
- Godrej Korber
- Veromatic International B.V.
- Godrej (Singapore) Pte. Ltd.
- Godrej (Vietnam) Co. Ltd.
- Godrej & Khimji (Middle East) LLC.
- Godrej Americas Inc.
References[edit | edit source]
- ↑ 1.0 1.1 "Godrej Group headed for family split: Report". mint. 29 October 2021. Retrieved 2 November 2021.
- ↑ 2.0 2.1 Singh, Namrata (11 July 2015). "4th-gen Godrej ushers in new culture at G&B - Times of India". The Times of India. Retrieved 2 November 2021.
- ↑ 3.0 3.1 "Godrej Group's plan to split enters next stage - Times of India". The Times of India. 30 October 2021. Retrieved 2 November 2021.
- ↑ 4.0 4.1 4.2 "Godrej & Boyce looks to earn 1/3rd of revenue from green products". The Economic Times. PTI. 19 October 2021. Retrieved 10 November 2021.
- ↑ Noe, Raymond A.; Kodwani, Amitabh Deo. Employee Training and Development - SIE. Tata McGraw-Hill Education. p. 97. ISBN 9781259004728. Retrieved 10 November 2021.
- ↑ "Godrej & Boyce products remain iconic".
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