Building BusinessServices

Section 35

Godrej Group

Started as: Making locks in Bombay

founded
1897
founder
Ardeshir Godrej, later joined by his brother Pirojsha Godrej
headquarters
Mumbai, Maharashtra
15,177.90
Godrej Consumer Products consolidated revenue from operations, FY26 (₹ crore) · 2026
2.4
Combined value of the five listed Godrej Industries Group companies at the 2024 split (₹ lakh crore) — approx. · 2024
3,400+
Land at Vikhroli, Mumbai, kept by the Godrej Enterprises Group (acres) · 2024

The story

Ardeshir Godrej started making locks in Bombay in 1897, with a loan from Merwanji Cama, a Parsi businessman. Safes followed soon after, and the Godrej name came to stand for security.

With his brother Pirojsha, the business moved into soap, steel furniture, typewriters and refrigerators. Each new product used the same factory skills and the same trusted brand.

In 2024 the family divided the group. Adi and Nadir Godrej took the Godrej Industries Group with five listed companies; Jamshyd Godrej and Smita Godrej Crishna took Godrej & Boyce and the land bank as the Godrej Enterprises Group.

Where it works today

Locks and securityConsumer goods (soaps, hair care, home care)Appliances and furnitureReal estateAgri-business and animal feedAerospace and defence engineering

Main companies

Godrej & Boyce · Godrej Industries · Godrej Consumer Products · Godrej Properties · Godrej Agrovet · Astec LifeSciences

Timeline

  1. 1897Ardeshir Godrej starts making locks in Bombay.
  2. 1902Godrej begins making safes.
  3. 1918Launches soap made from vegetable oil.
  4. 1923Starts making steel furniture.
  5. 1951Makes ballot boxes for India's first general election.
  6. 1958Makes its first refrigerator.
  7. 2024The family splits the business into the Godrej Industries Group and the Godrej Enterprises Group.
Sources (3)
  1. Our history · 2026
  2. The 127-Year-Old Godrej Empire Split: How the Family Resolved It Amicably · 2024
  3. Godrej Consumer Products reports FY26 audited results · 2026

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