Godrej Industries Group has signed a memorandum of understanding with the Haryana government to invest ₹20,000 crore in the northern state. According to reports from CNBC TV18, ETManufacturing, and Business Standard, the MoU was signed on August 24, 2026, in the presence of Haryana Chief Minister Nayab Singh Saini. This significant investment is expected to create around 40,000 jobs in the region. The group has already invested approximately ₹12,000 crore in Haryana and currently employs around 9,000 people in the state across its businesses. As per Business Standard, Godrej Industries Group operates across consumer goods, real estate and financial services, with the group posting revenue of $7.2 billion in fiscal 2026.
Godrej Properties, the group's real estate arm, will be the key driver of this investment and plans to deploy an additional ₹16,000 crore in Haryana by fiscal 2028. As reported by CNBC TV18, ETManufacturing, and Business Standard, this will bring the total investment in the state to around ₹27,000 crore. The group currently has 18 projects across Gurugram, Sonipat, Faridabad, Panipat and Kurukshetra, with upcoming projects expected to create more than 11,000 jobs. Godrej Properties has already invested around ₹11,000 crore in Haryana to date, as confirmed by Business Standard. These investments are expected to strengthen the state's commercial ecosystem and enhance its appeal to multinational companies and global capability centers, particularly Gurugram, where the group plans significant expansion.
Godrej Ventures, the group's real estate private equity business, has invested around ₹1,000 crore in Haryana and plans to deploy another ₹3,500 crore in Grade A+ office infrastructure in Gurugram. According to CNBC TV18, ETManufacturing, and Business Standard, these investments are expected to generate more than 30,000 direct and indirect jobs. The proposed investments will span residential and commercial development, as well as the broader infrastructure and services ecosystem in the state. Beyond property and ventures, Godrej Capital has a well-entrenched presence in Haryana with five financing branches, having facilitated approximately ₹550 crore in bookings. The group also operates 42 direct distributors and more than 250 rural stockists across the state through Godrej Consumer Products.
Chairperson Pirojsha Godrej stated that Haryana has emerged as an important growth driver for the Godrej Industries Group. As reported by CNBC TV18, ETManufacturing, and Business Standard, he cited the state's economic depth, rapid urbanisation and the emergence of Gurugram as a major commercial and employment hub as key factors behind the group's investment plans. "Haryana has emerged as an important growth driver for the Godrej Industries Group," Chairperson Pirojsha Godrej said, adding that the group sees the region as a market where it can continue to invest for the long term. "We see Haryana as a market where we can continue to invest for the long term and participate meaningfully in its economic and urban development," he further emphasized. Rakesh Swami, Group Head and President – Corporate Affairs, said the MoU reflects the group's confidence in Haryana as a long-term investment destination, citing the state's investment environment and ease of doing business.
The planned investment could significantly boost Haryana's residential and commercial real estate market, particularly Gurugram, where the group plans substantial expansion. As per latest reports, the investment plan could increase demand for homes, rental properties, offices and supporting commercial spaces around major employment corridors. For homebuyers and property investors, the combination of new housing projects, Grade A+ offices and job creation could make upcoming development zones around Gurugram particularly important to track. The group is committed to social responsibility, spending around ₹1 crore annually on Corporate Social Responsibility (CSR) initiatives and over ₹10 crore on infrastructure projects in Haryana. These include support systems for construction workers and public space enhancement projects, including restoration efforts in Karnal and Kurukshetra.
