In An Exclusive Conversation With Jamshed Naoroji Godrej, CMD, Godrej & Boyce

Catch Udayan Mukherjee, Global Business Editor, India Today, in an exclusive chat with Jamshyd Naoroji Godrej, Chairman & Managing Director, Godrej & Boyce, about the success formula of Godrej. It has been discussed at length how India is at the edge of becoming the world’s next manufacturing hub. The Economic Survey 2022-23, in one of its observations, mentioned that India has a unique opportunity to become a global manufacturing hub this decade as foreign companies are adapting their manufacturing and supply chain strategies to build resilience. However, Godrej & Boyce Chairman Jamshyd Naoroji Godrej thinks there is a long way to go before India can iron out the challenges before everything else. “There is a poor realisation at different levels. Not just at the Centre or state level. It is at the local level and village level too. There is a very little realisation of how complex manufacturing is. It is not like a service industry, like software, where as long as you have a place for people to work and have well-qualified hands, they can sit anywhere and do it. Manufacturing requires highly efficient factories; there are a lot of interdependencies between suppliers and manufacturers. The supply chain has to work efficiently,” Godrej said in an exclusive conversation.