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Godrej Industries commits investment of Rs 1500 cr in Godrej Capital

19 Apr 2022 , 01:34 AM

Godrej Industries GIL today announced the launch of Godrej Capital GCL GCL is a subsidiary of GIL and is the holding entity for Godrej Housing Finance an HFC and Godrej Finance an NBFC With the ultimate aim of building a world class retail financial services business and a near term aim of building an Rs 30000 crore balance sheet by 2026 GIL has committed to invest Rs 1500 crore in capital in GCL Godrej Capital currently has its footprint across Mumbai Bengaluru Delhi NCR Ahmedabad and Pune and will soon be operational in six new cities ie Jaipur Chandigarh HyderabadChennai Indore and Surat

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