Godrej Industries Group plans to invest ₹20,000 crore in Haryana

The Godrej Industries Group has entered into a Memorandum of Understanding (MoU) with the Government of Haryana, committing to invest approximately Rs 20,000 crore in the state. This substantial investment is expected to generate around 40,000 jobs. The company has already invested Rs 12,000 crore in Haryana, employing 9,000 individuals across its businesses.

Key to these plans is Godrej Properties Ltd, which has already invested Rs 11,000 crore and intends to invest a further Rs 16,000 crore by fiscal year 2028, bringing total investments to around Rs 27,000 crore. Currently, GPL has 18 projects in progress across Gurugram, Sonipat, Faridabad, Panipat, and Kurukshetra, with future projects projected to create over 11,000 jobs.

Godrej Ventures, the real estate private equity arm, has invested Rs 1,000 crore and plans to commit an additional Rs 3,500 crore to Grade A+ office infrastructure in Gurugram, potentially creating over 30,000 jobs. Pirojsha Godrej, the group's Chairperson, highlighted Haryana's strategic importance as a growth engine for the company, emphasizing the state's economic depth, urbanization trends, and Gurugram's role as a major commercial and employment hub.

Group Head and President Rakesh Swami expressed satisfaction with Haryana's business-friendly environment, reaffirming confidence in the state as a long-term investment destination. Other Godrej businesses also maintain a significant presence in Haryana, with Godrej Capital facilitating Rs 550 crore in financing bookings and Godrej Consumer Products managing a network of distributors and rural stockists.

The company has also invested Rs 1 crore annually in CSR and over Rs 10 crore in infrastructure initiatives in Haryana, focusing on worker support, weather insurance, and public space enhancement. With FY26 revenues of $7.2 billion and a market capitalization of $19 billion as of March 31, 2026, Godrej Industries Group is poised to continue collaborating with Haryana's government to support state development priorities and drive further investments.