Godrej & Boyce, the holding company of the Godrej Enterprises Group (GEG), plans to invest over Rs 7,500 crore in the next three years to enhance technological capabilities and promote design-led innovation.

Chairman and Managing Director Jamshyd Godrej stated that the company expects to close FY25 with revenues of Rs 18,000 crore.

The key contributors to this revenue target include the appliances business at Rs 5,000 crore and Godrej Interio at Rs 3,500 crore. The Group has been achieving revenue growth of 15-20 percent annually and intends to sustain this momentum.

GEG comprises Godrej & Boyce and its affiliates, with 60 percent of its revenue stemming from consumer-facing businesses.

The Group is organised into three distinct clusters: Consumer business, which encompasses appliances, furniture, and other consumer-oriented segments.

The nation-building cluster focuses on aerospace, aviation, defense, and advanced engineering, with growth potential driven by government infrastructure initiatives.

The future-first cluster includes innovative solutions like battery storage and green energy, aimed at sustainable growth. The aim is to have a balanced investment and capital allocation across these clusters, with special attention to the nation-building cluster.