Godrej & Boyce Eyes Rs 10,000-cr Turnover In FY16
Manufacturing major Godrej & Boyce is eyeing a turnover of Rs 10,000 crore this financial year, as a revival in sentiment is expected to bolster its business. The bulk of its revenue comes from appliances, furniture and security solutions. Jamshyd Godrej, chairman & managing director, told an English Daily they’d continue to invest in these areas, notably in enhancing design and innovation capabilities. “We have just set up a design and innovation lab in Mumbai. It is a large one, intended to give us the necessary impetus in this area,” he said.