Godrej Industries Group plans to invest INR 20,000 Cr in Haryana

Godrej Industries Group on Monday said it plans to invest about INR 20,000 crore in Haryana, with the potential to create around 40,000 jobs.

The group signed a memorandum of understanding with the Haryana government in the presence of Chief Minister Nayab Singh Saini, outlining its future investment plan in the state, Godrej Industries Group (GIG) said in a statement.

The proposed investment builds on the group’s existing footprint in Haryana, where it has invested about INR 12,000 crore to date and employs around 9,000 people.

Godrej Properties Ltd (GPL), the group’s real estate arm, will lead the investment push. Having invested about INR 11,000 crore in the state so far, GPL plans to invest a further INR 16,000 crore by FY28. The company currently runs 18 projects across Gurugram, Sonipat, Faridabad, Panipat, and Kurukshetra, with upcoming projects expected to create more than 11,000 jobs.

Godrej Ventures, the group’s real estate private equity business, has invested around INR 1,000 crore in Haryana and plans to invest a further INR 3,500 crore in Grade A+ office infrastructure in Gurugram. This is expected to generate more than 30,000 direct and indirect jobs, strengthening the city’s commercial ecosystem and its appeal to multinational companies and global capability centres.

GIG Chairperson Pirojsha Godrej said Haryana has emerged as an important growth driver for the group, citing the depth of its economy, pace of urbanisation, and Gurugram’s rise as a commercial and employment hub as creating opportunities across its businesses.

The group’s other businesses also have an established presence in the state. Godrej Capital operates five branches in Haryana and has facilitated about INR 550 crore in bookings through its financing arm, while Godrej Consumer Products has a network of 42 direct distributors and more than 250 rural stockists across the state.