Tanya Dubash, executive director of Godrej Industries, will oversee brand management for Godrej Industries Group (GIG), including Godrej Industries, Godrej Consumer Products, and Godrej Properties. Nyrika Holkar, also an executive director, will lead Godrej Enterprises Group (GEG), comprising Godrej & Boyce and affiliates. The formal split, signed last month, divides the conglomerate into two branches, each managing its brand independently.
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In a bid to expand the business, Godrej Properties acquired 10 land parcels, of which eight were outright, last financial year to build housing projects worth over Rs 21,000 crore and has set a target for this fiscal to buy more parcels that can generate sales bookings of Rs 20,000 crore.
In its
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