In the last decade, Nisaba has played key role in GCPLs strategy and transformation and has served on the GCPL Board of Directors since 2011. GCPL is the flagship firm of the diversified Godrej Group which has presence in consumer goods, real estate, appliances, and agriculture sectors, among others. Born in 1978, Nisaba serves as the chairman of Godrej Consumer Product Limited. [5][6], Nisa has worked in various projects in innovation, strategy and HR for Godrej Industries and its associate companies. She was the brain behind the company's Project Leapfrog initiated in 2007 under which GCPL accelerated domestic organic growth through innovation and consolidation and at the same time went global by investing in emerging markets outside of India. Education: BSc, The Wharton school of Pennsylvania; MBA, Harvard Business School. *We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language. You are just one step away from creating your watchlist! The Godrej family is an Indian Gujarati Parsi family [1] that manages and largely owns the Godrej Group of company - a conglomerate founded by Ardeshir Godrej and his brother Pirojsha Burjorji Godrej in 1897. Ardeshir Godrej started his own business by borrowing Rs 3000 from Merwanji Mucherji Cama, a prominent Parsi of his time. In the last decade, Nisaba has played key role in GCPL's strategy and transformation and has served on the GCPL Board of Directors since 2011. Godrej Group is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, which is managed and largely owned by the Godrej family.It was founded by Ardeshir Godrej and Pirojsha Burjorji Godrej in 1897, and operates in sectors including real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products. Nisaba is emerging as a new and emerging business tycoon by implementing many beneficial changes in the company, that generates revenue of Rs 42,500 crore. Connect with our expert team at Godrej for guided assistance and answers to all your queries on our dedicated helpdesk. A Godrej Industries spokesperson said Vora Soaps was amalgamated with Godrej Industries earlier this year due to changes in the Companies Act, which mandates that a holding firm cannot have more than two layers of subsidiaries. How is Nisaba Godrej changing the business? Nisaba Godrej is the Executive Chairperson of Godrej Consumer Products Limited. Where is Godrej Group headquarters? Similarly, NG Family Trust, PG Family Trust, TAD Family Trustall run by Adi Godrejs family membershave increased their stakes since March-end. The elder Godrej daughter, Tanya, serves as the Chief Brand Officer for the group and also oversees corporate communications and health-food chain Natures Basket. The foundations of GCPL are extremely strong. Nisaba has also been credited with institutionalising design-driven thinking in the company and she directly leads product development. 6-year-old Nisa Godrej in the opening scene of the movie Jaanbaaz in 1986, It was a big failure. Godrej Group headquarters is in Mumbai, Maharashtra, India. Know truth here, DNA Verified: ITR refunds of Rs 15,490 approved for taxpayers? Over the years, Shyam has steered his business functions to exceptional growth. Nisas mother, Parmeshwar Adi Godrej, too was the chairman of the Godrej Group, a businesswoman, a former air-hostess with Air India, and an Indian philanthropist and social worker who died of a degenerative lung illness in 2016. Nisa stood up for the rights of the LGBT+ community at her company when she rolled out health insurance for same-sex partners and a pay policy for gender transition and hormone replacement therapy. She has also been hands on in identifying and developing in-house talent for the group with an oversight of the Group HR function for Godrej Industries and associate companies. Looks like you have exceeded the limit to bookmark the image. She has also been hands on in identifying and developing in-house talent for the group with an oversight of the Group HR function for Godrej Industries and associate companies. When Nisaba completed her four years in the leadership position, she stepped into the shoes of her father in May 2017 and became the Executive Chairperson of the Godrej Groups FMCG arm. Mack. The businesswoman is deeply passionate about women education and learning more about the human mind. Explore. Also, remember to not judge other women for the choices they make.. Onion price hike explained: Why has Centre decided to impose 40 percent export duty on onions? 80 crore in 2011-2012. Adi Godrej said he would continue to serve the GCPL Board. Vora Soaps owned 57.66% in Godrej Industries till January. At the age of 6, Nisa featured in the Bollywood movie Jaanbaaz in 1986. A graduate from The Wharton School at the University of Pennsylvania and an MBA from Harvard Business School, Nisaba is married to Kalpesh Mehta, a real estate entrepreneur and has a son. Many of the modern surnames in the dictionary can be traced back to Britain and Ireland. Meet the son of Pakistan's richest person, no match for Isha Ambani, Akash Ambani, his net worth is Meet the Indian actor who has acted in maximum films in world, not Rajinikanth, Kamal Haasan, Amitabh, Chiranjeevi, Nepali woman's journey to India for lover takes a twist, finds loveralreadymarried, Holiday 2023: Delhi schools, offices, banks to remain closed for G20 Summit, check dates. During that period, the companys market capitalisation increased 20-folds from Rs. [7]Business Today Fresh Wharton undergraduate at the time, Nisaaba worked at the Godrejs home insecticides joint venture with the US-based Sara Lee in 2000 for a year before she took up the position of Assistant Corporate HR Manager. A new lexicon of the climate crisis, Automakers ready for crash testing under Bharat NCAP, Colgates single mandate is to drive growth: Narasimhan, Don't see India as an emerging market anymore: Porsche, PharmEasy plans 3,500 cr rights issue next week, Power Grid Corporation Of India share price, Godrej Industries has undergone a significant reduction in overall promoter holding in the past 18 months. The company now provides choices for working from home, time flexibility, and an initiative to assist women who are making a comeback in the workforce. Clean chit for Aryan Khan in cruise drugs case, 'Chak de phatte India', says Harnaaz Sandhu after becoming Miss Universe 2021, Mutation linked to remdesivir resistance found in Covid patient, Climate finance isnt charity, says Union minister Bhupender Yadav at COP26 summit, Indian origin astronaut-led NASA's SpaceX Crew-3 team headed to ISS, Copyright 2016 - 2023 The Asian Age. He is the Chairperson of the Board of Directors of Shakti Sustainable Energy Foundation, India Resources Trust and Council on Energy, Environment and Water. He eventually became the chairman, chief executive and large owner of MBNA Corporation, one of the largest credit card issuers in the U.S. After he died in 2002, the family, consisting of Alfred's . Within another year, Nisaba became the Executive Assistant to the Managing Director of Godrej Tea. 3,000 crore to Rs. Brands. In addition to improving the overall employee experience, these changes haven't had a negative impact on the profits of the business. His. Godrej Appliances becomes one of the eight finalists across the globe and among 139 applicants for the Global Cooling Prize. Anirudh Laskar is a senior editor at Mint, with 17 years of experience. He is the Executive Chairman of Godrej . Godrej Interio is India's premium furniture brand in both home and institutional segments with a strong commitment to sustainability and centers of excellence in design, manufacturing and retail.Visit now. Fortunately for me, there are plenty of those in Asia at the moment. Cloudflare Ray ID: 7fad6b8efa4e7b77 1998-2023 Diligent Media Corporation Limited, All Rights Reserved. [2] The family rose to wealth in the mid-1700s as ship-builders serving the British East India Company as the latter established its sway over India. Adi Godrejs younger brother and Nisas uncle, Nadir Godrej, oversees Godrej Industries as the Managing Director and chairs the agribusiness unit Godrej Agrovet. When Nisa was 6 years old, she got the chance to make her Bollywood debut in the film Jaanbaaz in 1986. In an interview, when asked about her future visions for the company, Nisaba expressed her intentions to diversify the workplace and to increase Godrejs women workforce to at least 30 per cent in the next few years. Nisaba is emerging as a new and emerging business tycoon by implementing many beneficial changes in the company, that generates revenue of Rs 42,500 crore. Currently, almost half of the companys revenue comes from overseas markets. The young mothers dedication to her work while balancing her personal life set a benchmark for the female workforce. Godrej Industries has also undergone a significant reduction in overall promoter holding in the past 18 months. Godrej Consumer Products Ltd. (GCPL), a packaged consumer goods company, has agreed to purchase Raymond's Consumer Care business, which involves the fragrance KS Spark, Park Avenue men's grooming items and Kamasutra sexual well-being items. READ |Meet Rachit Agarwal from Kota, who received internship worth Rs 2 crore, now earns Rs 1.6 lakh per day. He has reported on significant corporate matters including large mergers and acquisitions, India's emerging e-commerce sector and regulatory issues in the financial services industry. Her siblings are Tanya Dubash and Pirojsha Adi Godrej. According to Forbes, Adi Godrej has a net worth of $2.9 billion, or Rs 24,000 crore. Nisaba Adi "Nisa" Godrej (born 1978) is an Indian businesswoman, currently serving as the chairperson and board member of Godrej Consumer Products (GCPL). At the end of September, the holdings of Adi and Nadir Godrejs families were 12.66% each compared to 19.18% each at the end of March 2018. Eldest daughter Tanya Dubash is executive director and chief brand officer of the Godrej Group, while youngest son Pirojsha Godrej is the executive chairman of Godrej Properties. She has focused on curating art, rather than working for Walmart like her siblings, Rob and Jim. Nadar founded HCL in 1976. PROFILE Adi Godrej $2.9B Real Time Net Worth as of 8/20/23 #1028 in the world today Photo by Steven Ferdman/Sipa USA/Newscom About Adi Godrej Adi Godrej is chairman of the $5.2 billion. In her early 20s, before she headed to Harvard for her MBA, Nisa Godrej interned under A. Mahendran, former managing director at GCPL. Adi Godrej, 75, will become Chairman Emeritus after leading the company for 17 years as Nisaba, currently Executive Director of the company, assumes the new role of Executive Chairperson on May 10, 2017. After completing her undergraduate studies at the Wharton School of the University of Pennsylvania in 2000, Nisaba continued on to Harvard Business School to earn her MBA. It is for each woman to balance those decisions about work and career. Adi Burjorji Godrej (born 3 April 1942) is an Indian billionaire businessman and industrialist, head of the Godrej family, and chairman of the Godrej Group. 9,600 crore. She is her dad's ear and is able to influence his decision with logic, Get the latest stories, videos, and podcasts from Forbes India directly in your inbox every Saturday. Nisaba has implemented a number of changes for the good of the company, including broadening the product line, sharply increasing revenue, and changing the workplace culture to be more welcoming to women, as per media reports. His professional career with G&B includes his roles as Vice President - Marketing & Exports at Godrej Appliances followed by his next role as Vice President & Business Head in Retailing Business. 'To ensure that we represent richness and diversity of India': CJI Chandrachud on Collegium's mission, Gadar 2 director Anil Sharma and cast spill the beans on if Sunny Deol will return in Gadar 3 | Exclusive, LIC policy: Invest around Rs 53 per day and get Rs 6.62 lakh on maturity, heres how, Scam 2003 trailer: Hansal Mehta series shows rise and fall of Abdul Karim Telgi, man behind Rs 30,000 crore stamp paper, 10 fastest bowlers in world cricket currently, Anil Ambani's daughter-in-lawKhrisha shares unseen wedding pictures with husband, DNA Verified: Is PM Modi gifting every woman Rs 3000 for Raksha Bandhan 2023? Copyright2023 Living Media India Limited. How she is changing the way the . During the period, GCPL's market capitalisation increased 20-fold from Rs 3,000 crore to Rs 60,000 crore. Chairman: Adi Godrej Revenue: 3,03,64,60,00,000.00 Indian Rupees. . Courtesy of Godrej Consumer Products Limited. Nisa Godrej got married to Kalpesh Mehta, her Wharton classmate, in May 2013. Wednesday, Aug 09, 2023. The new mother was admired for her decision to take her son to work and for trying to strike a balance between her work and personal life. Navroze Lineage Trusts holding has gone up from nil in March to 4.64% now. Godrej Properties had 23 promoters at the end of March last year. She was the brain behind the companys Project Leapfrog initiated in 2007 under which GCPL accelerated domestic organic growth through innovation and consolidation and at the same time went global by investing in emerging markets outside of India.
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