Daily Current Affairs on Godrej group splits after 127 yrs for Combined Bank PO and Clerical Exams Preparation

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Godrej group splits after 127 yrs

Founded as a lock-maker in 1897, the Godrej Group is now being divided into two branches. Adi Godrej and his brother Nadir are getting the five listed entities, while their cousins, Jamshyd and Smita, will hold the unlisted companies and the land bank.

Godrej was founded by Ardeshir Godrej and his brother in 1897. It started as a locks business after failed ventures into hand-fashioned medical devices.

Over the years, the group entered multiple other sectors, such as chemicals, furniture, security solutions, real estate, home and personal care, general engineering, power and energy, aerospace , heavy engineering, intra-logistics, infrastructure, food and agriculture products, information technology and financial services.


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