Godrej & Boyce and Godrej Properties maintain partnership in Vikhroli development

Godrej family business split: In a surprising move, Godrej Group on Wednesday announced that 127-year-old business conglomerate will be split into two distinct entities. This strategic realignment, however, will not affect ongoing collaboration between Godrej & Boyce and Godrej Properties for land development in Vikhroli, Mumbai.

Godrej & Boyce, land owner, and Godrej Properties, development manager, will continue ir successful collaboration in developing Vikhroli. This partnership has alrey delivered projects like Godrej Platinum and recently launched Godrej Vistas.

Pirojsha Godrej, Executive Chairperson, Godrej Properties, said, "We look forward to continuing our association with Godrej and Boyce with a view to make Vikhroli into a world-class neighborhood that delivers its residents an outstanding quality of life while ensuring highest standards of sustainable development."

Godrej family business realignment

  Godrej family has restructured ir holdings, dividing conglomerate into two main groups:

• Godrej Enterprises Group (GEG) led by Jamshyd Godrej and Nyrika Holkar.
• Godrej Industries Group (GIG) led by i Godrej and Nir Godrej with Pirojsha Godrej taking over as Chairperson in 2026.

GEG and GIG: Distinct identities, shared legacy

• Godrej Enterprises Group (GEG) will encompass Godrej & Boyce and its affiliates across diverse sectors like aerospace, consumer durables, and infrastructure solutions.
• Godrej Industries Group (GIG) will control listed companies like Godrej Industries, Godrej Consumer Products, and Godrej Properties.