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Godrej Industries Group Signs MoU with Government of Haryana for ₹20,000 Crore Investment, with Potential to Create 40,000 Jobs

New Delhi, August 24, 2026:  Godrej Industries Group has signed a Memorandum of Understanding with the Government of Haryana, in the presence of Chief Minister Nayab Singh Saini, outlining a future investment plan of approximately ₹20,000 crore in the state, with the potential to create around 40,000 jobs. The MoU reflects the Group’s growing presence in Haryana and its confidence in the state’s long-term economic potential. The proposed investments will build on the Group’s existing footprint in the state. Godrej Industries Group has invested approximately ₹12,000 crore in Haryana to date and employs around 9,000 people across its businesses.

Godrej Properties Ltd (GPL) will be a key driver of the Group’s investment plans. Having invested approximately ₹11,000 crore in Haryana to date, GPL plans to invest a further ₹16,000 crore by FY28. The company currently has 18 projects across Gurugram, Sonipat, Faridabad, Panipat and Kurukshetra, with its future projects expected to create more than 11,000 jobs. The Group’s plans extend beyond residential development. Godrej Ventures, its real estate private equity business, has invested around ₹1,000 crore in Haryana and plans to invest a further ₹3,500 crore in Grade A+ office infrastructure in Gurugram. Its proposed investments are expected to generate more than 30,000 direct and indirect jobs, further strengthening the city’s commercial ecosystem and its attractiveness to multinational companies and GCCs.

Pirojsha Godrej, Chairperson, Godrej Industries Group, said, “Haryana has emerged as an important growth driver for the Godrej Industries Group. The depth of its economy, the pace of urbanisation and the emergence of Gurugram as a major commercial and employment hub create opportunities across several of our businesses. We have invested significantly in the state over the years and our plans for further investment reflect our confidence in the market and our ability to build on the presence we have established. We’re pleased to formalise this next phase of investment through our MoU with the Government of Haryana and look forward to working closely with the state to bring these plans to life. 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.”

Rakesh Swami, Group Head and President – Corporate Affairs, Godrej Industries Group, said, “We appreciate the ease of doing business and the favourable investment environment the state government has fostered. This MOU reaffirms our confidence in Haryana as a long-term investment destination, with opportunities spanning residential and commercial development to the wider infrastructure and services ecosystem. We value our partnership with the Haryana Government, and our presence across businesses positions us well to participate in this growth in a meaningful and long-term manner.”

The Group’s wider businesses also have an established presence in Haryana. Godrej Capital operates five branches in the state and has facilitated approximately ₹550 crore in bookings through its financing business. Godrej Consumer Products has a network of 42 direct distributors and more than 250 rural stockists across the state. Alongside its business investments, Godrej Industries Group has also contributed to community and infrastructure initiatives in Haryana. The Group spends approximately ₹1 crore annually on CSR initiatives and more than ₹10 crore on infrastructure-level initiatives in the state. Its work includes strengthening support systems for construction workers, providing weather-related insurance and supporting the restoration and beautification of public spaces in Karnal and Kurukshetra.

The Group will continue to work with the Government of Haryana to support the state’s development priorities and enable further investments across its businesses.

About Godrej Industries 

At the Godrej Industries Group, we serve over 1.4 billion people globally through a diverse portfolio of businesses, united by our purpose of Crafting tomorrow. With revenues of USD 7.2 billion in FY26 and a market capitalisation of USD 19 billion as of 31 March 2026, we operate across FMCG, real estate, financial services, agriculture and chemicals. 

We are the leading player in India across several business categories, including residential real estate, animal feed, crude palm oil, oleochemicals, household insecticides, hair colour and air care. 

We are committed to building a more sustainable future through our Good & Green programme, with ambitions of net-zero operations by 2035 and responsible supply chains by 2047. In 2025, Godrej Consumer Products and Godrej Properties were both ranked number one globally in their respective categories on the Dow Jones Best-in-Class Sustainability Indices. 

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