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Godrej family to split Rs. 1.76 lakh crore conglomerate

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Image Credit: NewsBytes

The Godrej family, known for controlling a massive Rs. 1.76 lakh crore business empire, is reportedly moving towards a friendly separation. As per The Economic Times, the 126-year-old conglomerate will be divided into two factions. The first will be Godrej Industries & Associates, led by brothers Adi and Nadir Godrej. The second will be Godrej & Boyce Manufacturing Company (G&B), spearheaded by their cousins Jamshyd Godrej and Smitha Godrej Crishna. 2/4