Business Today

Atma Nirbhar Bharat is an Opportunity for Us

The 123-year-old Godrej & Boyce, which operates in 10 industries — from complex engineering solutions to consumer goods like appliances, furniture and security solutions — across five continents has had a change of guard. Ever since cousin Navroze Godrej, son of Chairman Jamshyd Godrej, relinquished his executive role at G&B in 2017, Nyrika Holkar, 38 has been in charge of the ₹11,500 crore engineering giant. Nyrika’s mother Smita Crishna is the sister of Jamshyd Godrej and owns a fifth of the Godrej empire. Nyrika herself is married to Yeshwant Rao Holkar, the scion of the erstwhile royal family of Indore. She talks to Nevin John about transforming the century-and-a-quarter old firm through customer centricity, digitisation and new technology: Edited excerpts:

In 2011, the Godrej Group announced an ambitious target of 10 times revenue growth in 10 years. Today it seems group companies are separately pursuing targets. What are your thoughts?

The 2011/12 exercise was a group-wide direction setting for businesses to determine the quantum

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