It was 1944 when there was a terrible blast in the Mumbai dockyard the fire broke out and the entire surrounding area was reduced to ashes, but what happened to the documents in a world where the blast happened why am I saying all this godrej which started as a small lock frog manufacturing company how Godrej company has grown to the point of manufacturing engines for ISRO rockets the pride of India today from cintol soap to air fresheners to refrigerators to real estate, in its 126 years of history Godrej has built a business empire worth several hundred million crores with a few hundred products. Today I am going to tell you how the company was built Do you know the reason behind all thisHere is the Godrej the founder of Godrej Group of Industries after completing his degree in 1984 Godrej came to India and took a loan of 3000 rupees from his father friend and started a surgical manufacturing unit but it closed down immediately. That is president Godrej wanted to put the tag madin India on every product
he made, but the then British Government did not agree to it he read an article in the newspaper. Addisher Godrej read the news published in an article by Addisher Godrej in an article that the then Mumbai Police Commissioner said that thieves have increased in Mumbai and that if someone makes good lockers it will help to protect the city. They started with ten workers in a small shed and got the name of one of the strongest local and their business started expanding to every corner of India. Even the British Queen used to hide her valuables. How did it start making products to solve every problem faced?In the 1920 in India had a large population of Brahmins and non vegetarians. At that time none of them used bathing soaps because animal fats were mixed in soaps so to solve this problem Godrej Company launched soaps made completely with vegetable oils for the first time in India not only this India first cupboards first hair color products.
Godrej company also made the ballot box used by the Election Commission of India for the first general election of independent India in 1951. There was a high demand in 1940 but the technology for manufacturing typewriters in India was not yet available. Research for and finally in 1955 in India India except you are rich poor middle class refrigerators are definitely present in everyone house. The reason for this is Godrej company how many of you know that in the time refrigerator was a thing owned by only a few rich people such a refrigerator was available in every house in India and most importantly it used the technology that released chloro fluorocarbons without pollution Godrej launched the first refrigerator in India in 1958 products without harming the environment in India. Godrej was the first company to be made. Finally Godrej dedicated his life to making many new products in Godrej company and providing them to India. In his last days he handed over the responsibility of the company to his younger brother Feroze.
If the business is to be taken forward, they started doing expansion of the business that Ferozha had. In fact when Feroze Shah took over Godrej that company needed expansion because Godrej company already had many products Feroze Shah stopped making new products and started doing that business. As a part of that in 1940 during the Second World War Godrej Company invested 30 lakhs in the profits of Godrej Company until then and bought 3400 acres of land in the name of Godrej Company in the Mumbai Outscuts. After a few years the real estate prices in Mumbai increased so much that the 3400 acres bought for 30 lakhs in 1940 will be worth 4 lakh 35 thousand crore rupees by 2022 now this land in the hands of Godrej is the biggest private property and largest real estate business in India. It has expanded to many countries in the world like America, Africa, Saudi Arabia, Indonesia, and many more. From everyday equipment to hair color cosmetics and house products it would take a few hours to list the products manufactured by Godrej Company.
The population of more than 80 million people in the world is Godrej Company every day. Can you believe that they do not spend a day without using even one of the manufactured items in India we need to talk about the Godrej company in India. In 2014 India boasted a lot about space technology but Godrej company made the rocket engines needed for the Mangalyaan mission not only Mangalyaan since India first time long Chandrayaan mission in 2008 ISRO has made engines for most of the rockets sent into space till now Godrej company quality is really Godrej company is a perfect proof many people in India like Tata company. does business but what very few people in India know is that Godrej company has nothing to lose in quality ethics and values and even 23% share in Godrej company is held in the name of a trust. Successes are not possible but this is definitely true because Godrej who founded such a great company today failed as a lawyer failed in a surgical equipment business failed working as a pharma chemist and only after coming, a multi billion dollar business like Godrej came to us. There are many more companies like Tata Group in our India but they have grown to that level due to researching, tracking and implementing what kind of business they have been using to continue their Godrej legacy for almost 126 years as a successful business because of the important business strategy.
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