Tag: Godrej

Godrej & Boyce unveils expansion plan, targets tier-2 and tier-3 cities to meet growing consumer demand

This move by Godrej & Boyce positions the company to capitalize on the growing aspiration and digital payment-driven demand in smaller cities and towns (Representative Image: Vardan Papikyan via Unsplash)

Godrej & Boyce, the flagship company of the Godrej Group, is getting ready to change the the consumer landscape in tier-2 and tier-3 cities with an ambitious expansion plan, by 2027.

Get to the bottom of the pyramid with green products: Sudhir Sitapati

Regarding budget expectations, Sitapati told Storyboard18, “I do feel that domestic consumption needs to be spurred. GDP growth was 8 percent last year but domestic consumption is only 4 percent."

Sudhir Sitapati joined Godrej Consumer Products Ltd (GCPL) as managing director and CEO last year, when the world began to open up in a post-pandemic era. In a candid interview with Storyboard18’s Delshad Irani, Sitapati tells us how he articulated his vision for GCPL back then and his approach towards marketing and brand building. He also shares how Godrej is democratizing categories and the secret to building enduring brands. Here’s what he said. “Companies that last a long time almost always have very strong value systems ingrained in them. Second, you have to have a manic focus on cash…”

What Herman Melville’s Moby-Dick teaches us about leadership

'Ahab, who's the captain of the ship, is a charismatic leader and he loves his people, but he's driven by personal ambition to take revenge on the whale. And he basically sinks the ship.' (Representational image: Zoltan Tasi via Unsplash)

Leaders on leadership and how to build careers: Godrej’s Sudhir Sitapati shares a business lesson from a classic and what he looks for in young leaders.