Godrej Quotes & Sayings

When you are growing at a rapid rate, there is bound to be some inflation. I think a 5% rate of inflation is something that we should take in our stride. — Adi Godrej

Politicians and bureaucrats must learn to stay away from the day-by-day functioning of business. — Adi Godrej

I don't think manufacturing should be looked at independently. It is part of the economy. So, when the economy does well, and when there is investment, the sector does well. — Jamshyd Godrej

We started the 10/10 objective in 2011, and that time, our turnover was about Rs. 15,000 crore. We would like to have a turnover of Rs. 1,50,000 crore by 2021. This will be through high growth in domestic and international operations as well as through acquisitions. — Adi Godrej

There must be an opportunity that matches with our strategy. Just because we have a gap, we don't want to go and acquire anything and everything. What we acquire should fit in with our strategy, human resources and market expectations. — Adi Godrej

We were licencees of Sara Lee Corp's air freshener brand Ambi Pur, which they sold to Procter and Gamble. So we handed it over to Procter and Gamble. Now we will introduce our own brand of air freshener. — Adi Godrej

How do you actually green the supply chain is a challenge. The easier part is to do what we do; the difficult part is to get all your clients to long process will take time. — Jamshyd Godrej

If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down. — Adi Godrej

We are not into financial services, and we are not interested also because we find we are better in branded marketing enterprises. — Adi Godrej

Sometimes, we use the term 'growth' as a number and sometimes as an abstraction, but the underlying implication is always that, if the country grows at a certain rate, at the end there will be a pot of gold for everyone. — Jamshyd Godrej

Clubbing energy efficiency with renewable energy will give us the much-needed window to incubate the renewable energy sector, particularly large solar, without having to increase the price of electricity. — Jamshyd Godrej

In 2008, when the global financial crisis struck, it was a bad year for a lot of developing countries, and it manifested itself in consumer confidence. — Adi Godrej

In a company, you buy thousands of things. Every item you buy has its own footprint. — Jamshyd Godrej

We find it much better not to try and take the Godrej brand across, but use very strong brands we have acquired in different geographies and push them. — Adi Godrej

Corporate governance should be done more through principles than rules. — Adi Godrej

I feel the Godrej brand has generally come to signify trust to most consumers. 400 million Indians use one or the other Godrej product on a daily basis, and they have come to accept it. We will, thus, continue positioning Godrej strongly on the trust platform. — Adi Godrej

Besides infrastructure, there is a huge opportunity in housing and urbanisation of cities - not only building new ones, but also renewing the infrastructure of old cities to make them more livable. This provides tremendous scope for large investments to fuel growth. — Jamshyd Godrej

Typically, market-driven growth spawns urbanisation and leads to migration. Urban centres expand into humongous entities that thrive on an unending supply of energy. — Jamshyd Godrej

We have a company, Geometric Software, which is into engineering services software. We have a company called Nature's Basket, which is into gourmet retailing. Both are specialized companies. — Adi Godrej

We have to develop the whole system of early stage investors and a tax system around it. For every Google that has come on the scene, there are hundred entrepreneurs who never did. — Jamshyd Godrej

When there is a situation where one does not see demand for a year or two, then capex is suspended. It will reverse only when the situation improves. — Jamshyd Godrej

There are too many politicians in the world and too few statesmen. — Adi Godrej

When we acquire businesses in the developing world, we estimate if the growth opportunities are strong. — Adi Godrej

We have very strong succession plans across all group companies. But we do not comment on it. The retirement age is 60 years, but it does not apply to family professionals who work in the business. — Adi Godrej

As a group, we want to follow good and green strategy. Setting targets is one element of that. The second part is to design products which meet environmental goals. — Jamshyd Godrej

It's a mistake to believe technology rests outside India. We compete very successfully. — Adi Godrej

The government is a very large constructor. They have schools, colleges, hospitals and courts, offices. We are trying to influence the public works department to adopt green buildings. — Jamshyd Godrej

While academic abilities remain integral, it is the work ethics that form the soul of the business. — Jamshyd Godrej

Our acquisition strategy is very clear: 3x3. Three continents - Asia, Africa and South America, and in three categories where we have strong positions - personal wash, household care and hair care. — Adi Godrej

We continue to look at accretive and synergistic acquisitions both in the domestic as well as international markets. Our emphasis, thus, will be on strategic acquisitions, and we will not be doing it just for the sake of making our name bigger. — Adi Godrej

Our CII building in Hyderabad has zero discharge of water. Every drop of water is treated and reused. — Jamshyd Godrej

Our expectation is that by 2050, which is a long time away, India will be the largest economy in the world, overtaking both the U.S. and China. — Adi Godrej

We own only a small percentage in Omnivore, but we manage it. It is basically a venture capital fund to help newer enterprises and provide them with the funding they require in their early stages of development. — Adi Godrej

Godrej is committed towards improving quality of life in society. — Jamshyd Godrej

Our experience is that most entrepreneurs are able to attract debt, even for risky and early stage investments. There are investors who provide debt, but very few who fund through equity. — Jamshyd Godrej

The government shouldn't step in at the first stage and create land banks. Industry should buy the land as much as they can, and if they get stuck, then the government should step in. — Jamshyd Godrej

From our group, we've had joint ventures with a lot of international companies: Procter & Gamble, General Electric, Sara Lee, currently with Hershey's and Tyson. We've learned a lot of the best practices. — Adi Godrej

A good monetary policy follows inflationary expectations and not historical numbers. — Adi Godrej

You can't have a regime which continuously subsidizes things; as inflation rises, you keep prices of certain things unchanged. — Adi Godrej

People should be encouraged by things like awards given for corporate governance practices. — Adi Godrej

The Godrej group is expanding rapidly. However, we are not diversifying much. — Adi Godrej

Infrastructure projects create a lot of demand for material, services and manpower. It is a chain reaction; if the infrastructure growth slows down, it will hit overall demand. The supply side has to keep increasing to sustain growth. — Jamshyd Godrej

Government should concentrate on building up infrastructure and skill development. Simplification of taxation is another important area. — Jamshyd Godrej

Every year, millions of vaccines get wasted due to inadequate storage facilities. India is a focus for us, as this is a very big challenge for the country as well as other countries across the globe. — Jamshyd Godrej

Economic growth can enable development if it is supplemented by public policies that encourage circulation of wealth, especially into crucial areas such as public healthcare and education. — Jamshyd Godrej

I'm not too involved in day-to-day matters. I only supervise at the board level. — Adi Godrej

Industry looks at research and development for energy efficiency, lowering material costs, so on and so forth. — Jamshyd Godrej

The links have to be between universities, R&D institutes, and industry. If these linkages are in place, it will result in products that are useful for society. The government has to leverage the money it spends on R&D to help develop new products useful for industry. — Jamshyd Godrej