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Godrej Industries
Godrej Industries on Thursday said it will invest more than Rs 750 crore over the next few years to expand capacities of its chemicals business and achieve higher annual revenue. In a regulatory filing, Godrej Industries informed that its chemical business will undertake significant capacity expansions as part of its growth plan to become a USD 1 billion global business before 2030. "With a total capital outlay for expansions to exceed Rs 750 crore over the next few years, the company has already kicked off several projects," it said. Godrej Industries (Chemicals) will double its fatty alcohol and uric acid capacities with an addition of 35,000 tonnes per annum and 20,000 tonnes per annum respectively. It has tripled its specialities capacity with an addition of 21,000 tonnes per annum, while the glycerine capacity will be doubled with an addition of 24,000 tonnes per annum. The fermentation capacity will also see a threefold increase with an addition of 1,500 tonnes per annum. I
Private real estate firm Shaula Real Estates, where the daughter of Godrej Industries Chairman Adi Godrej is a director, has purchased a duplex apartment in a luxury housing project at Worli in Mumbai for nearly Rs 226 crore. Tanya Arvind Dubash, the eldest daughter of industrialist Adi Godrej, and Clement George Pinto are directors in Shaula Real Estates Pvt Ltd, according to sources. The company has been incorporated on March 26, 2025, in Mumbai. In a statement on Monday, real estate consultant Square Yards said, "Shaula Real Estates has purchased a duplex apartment in the Naman Xana project located in Worli, Mumbai, for Rs 225.76 crore". Square Yards said it has seen property registration documents. The transaction was registered in May 2025. Godrej Industries did not comment on the transaction. The purchased property is part of Naman Xana, an under-construction luxury residential project. As per RERA, the project is spread over 0.64 acres and is scheduled for completion by ..
Godrej Industries' Chemicals Business has completed the acquisition of the Food Additives Business of Savannah Surfactants, according to a statement. "As a leading player in Oleochemicals, Surfactants, Specialities and Biotech sectors, this transaction will help the company expand its product offerings to the Food & Beverages Industry globally," the Godrej Group firm said in the statement on Monday. Commenting on the development, Godrej Industries (Chemicals) Executive Director and Chief Executive Officer Vishal Sharma said this acquisition is in line with the company's vision and strategy to grow in a profitable and sustainable manner. "The Savannah business will be part of our Speciality chemicals sector. The addition of this Food Additives Business will expand our speciality offerings and build a larger speciality business going forward," he said. Located in Goa, Savannah Surfactants has a manufacturing capacity of 5,200 MTPA of finished products. Established in 1963, Godrej ..
Godrej Enterprises Group looks to double the turnover of its Process Equipment business in the next 4 to 5 years, helped by the green energy transition happening across the globe, an official said. Moreover, the company which operates in the sectors such as oil, gas and chemicals is investing Rs 200 crore in the second phase of its Dahej Plant to expand the annual manufacturing capacity to approximately 30,000 MT from the existing 23,000 MT. However, the Process Equipment division is simultaneously scaling down its operation at the Vikhroli plant in Mumbai due to logistical challenges, limiting it to domestic markets largely, its Executive Vice President & Business Head Hussain Shariyarr said. The fresh investment is in addition to Rs 300 crore invested by the Godrej Enterprises Group in the first phase of its production facility at Dahej. The Process Equipment (PE) manufacturing division business, which produces reactors, pressure vessels, columns, heat exchangers etc has a ...