Godrej and Boyce
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 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 INR 11,500 crore (FY 2019-20) and over 14,000 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 123 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 209 patents and has been granted 77 patents.
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.