Godrej eyes two-fold growth

18 Mar 2024 CW Team

Godrej, a leading name in the locks and security solutions industry, is setting ambitious targets for the next three years. With a vision to achieve two-fold growth, the company is strategically investing in digital solutions to enhance its market presence and cater to evolving consumer needs. This strategic move aligns with the changing landscape of the industry, where technology plays a pivotal role in shaping customer preferences and market dynamics.

Embracing digital transformation, Godrej aims to leverage innovative technologies to streamline its operations and offer cutting-edge products and services. By capitalizing on digital solutions, the company aims to enhance customer experience, improve operational efficiency, and strengthen its competitive edge in the market. With a focus on innovation and adaptation, Godrej is poised to drive sustainable growth and solidify its position as a market leader in the locks and security solutions segment. The company's strategic investment in digital solutions reflects its commitment to staying ahead of the curve and meeting the evolving needs of customers in an increasingly digital world. By harnessing the power of technology, Godrej aims to unlock new opportunities for growth and expand its market reach. With a clear vision and proactive approach, the company is well-positioned to navigate the challenges and seize the opportunities presented by the rapidly evolving landscape of the locks and security solutions industry.

Real Estate

17 Sep 2025

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Govt Plans Six-Month Import Relief for E-Bus, Truck Makers

The government is considering a six-month relaxation for electric bus and truck manufacturers, allowing them to import fully assembled motors containing heavy rare earth materials without losing eligibility for incentives under the Rs 109-billion PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme.The relief is expected to benefit companies such as Tata Motors, Ashok Leyland, PMI Electro Mobility, JBM Auto, EKA Mobility, Olectra Greentech, Propel, and IPLT Demo. The exemption will apply provided all other localisation requirements are met.However, officials clari..