The promoter group, the Godrej family, is going through an ownership split at the same time as the hiring spree.
In order to meet growth-led demand and scale up, Godrej Industries Group is increasing recruiting across all of its companies, including real estate (Godrej Properties), financial services (Godrej Capital), and agriculture (Godrej Agrovet), according to Sumit Mitra, head of Group HR and Corporate Services.
Under its purview, the group includes businesses such as Godrej Chemicals, Godrej Consumer Products, Godrej Properties, Godrej Agrovet, Godrej Capital, and Godrej Fund Management. The organization has reduced attrition rates from 15% in FY24 and 18% in FY23 to 14% in FY25 (ending July 31).
A large portion of this hiring will be in functions such as new technology, digital, and R&D, Mitra said. “We have about 21,000 employees. We are hiring about 2,000 employees every year…We are running an attrition level of about mid-teens. That also means that a lot of hiring is happening for growth,” he said.
“We see growth across sectors. In real estate (Godrej Properties), we are hiring. Godrej Capital we are scaling up for which we will need manpower. Then in agri – in niche areas such as nutrition—we are seeing growth.”
The promoter group, the Godrej family, is going through an ownership split at the same time as the hiring spree.
“We try to hire locally for our manufacturing and sales teams because then it becomes much more sustainable, and by definition, these are spread across Tier 2 and Tier 3 cities,” said Mitra. “We are putting up a large FMCG factory in semi-rural Tamil Nadu (outside Chennai), and we have been running recruitment drives there. We are expanding in Gwalior. We’re setting up a new factory in Agri near Nashik,” he said.
According to Mitra, emphasis will also be on keeping top people by investing in learning, offering incentives, and creating employee-friendly regulations.
A new elder care policy is part of it, allowing workers to take two weeks of paid leave to provide additional care for elderly family members. Its policy on daycare for primary and secondary caregivers has also been expanded.
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