Nadir Godrej will step down as chair of Godrej Industries Group (GIG) on August 13 upon turning 75, moving to chairman emeritus. His nephew, Pirojsha Godrej (46), will take over as GIG chair in a planned generational transition. According to The Times of India, this marks the culmination of a structured succession plan within the Godrej family business empire.
GIG is valued at $20 billion and spans FMCG, real estate, financial services, agriculture, and chemicals. As reported by The Times of India, it represents the carved-out arm of the wider Godrej Group, while the other branch, Godrej Enterprises Group (GEG), is under Jamshyd Godrej and his sister Smita Crishna who are Nadir's cousins. The group structure reflects the 2024 split of the Godrej Group, with GIG coming under Nadir and his elder brother Adi Godrej.
Pirojsha will also become chair of Godrej Industries, the GIG holding company, effective August 14, while continuing to chair Godrej Properties, Godrej Capital, and Godrej Ventures. According to The Times of India, he has led Godrej Properties through a phase of rapid growth, culminating in its emergence as India's largest real estate developer by sales in FY21 - a position it continues to hold. He also founded Godrej Capital and Godrej Ventures.
Nadir's son, Burjis (34), will take over as chair of Godrej Agrovet, where he has been an executive director since 2022. As reported by The Times of India, his sister, Nisaba Godrej, chairs Godrej Consumer Products. Burjis will also join the board of Godrej Industries on August 14. The GEG comprises Godrej & Boyce and its affiliates, with interests spanning aerospace, engines and motors, security, construction, durables, furniture, and interior design.
Pirojsha expressed that leading GIG is 'both a responsibility and a privilege', inheriting a remarkable legacy built over generations. According to The Times of India, he emphasized their task is to build on this legacy with ambition while staying true to the values that define them. Meanwhile, Burjis stated the focus will mainly be on 'building a stronger, more resilient Godrej Agrovet-driving sustainable growth while sharpening execution across our businesses.'
