Godrej looks to restructure
godrejindia.com
The Rs 9 bn Godrej Soaps is said to be in talks with a host of soap and personal care giants for restructuring its operations.
16 July, 1999
Godrej Soaps to Restructure its organization set-up.
Mumbai, 5th April, 1999
Godrej Soaps Limited, the leading manufacturer of soaps & toiletries in India, has announced a major organisational restructuring programme under which the varied business activities of the company are being bifurcated into two separate divisions, to be headed individually by a President.
One division will be the ‘Consumer Products' division, to be headed by Mr. Hoshedar K. Press. This division will be responsible for the manufacturing, marketing, sales and exports of the soap and toiletery brands of Godrej Soaps such as Cinthol toilet soaps and Godrej Hair Dyes.
The other division will be the ‘Chemicals' division, to be headed by Mr. Mathew Eipe. This division will be responsible for the manufacturing, marketing, sales and exports of the various chemical products of Godrej Soaps such as fatty acids, fatty alcohols, AOS and glycerine.
The previous structure of an independent ‘Product Supply Organisation' providing the products to the marketing operations has been dismantled. The manufacturing and marketing functions would in the future work together as one team.
Announcing this, Mr. Adi B. Godrej, Managing Director, Godrej Soaps Ltd. said, "This restructuring has been implemented with a view to streamline the Organisational Structure and enhance Business Performance. The synergies resulting from this change would help us in improving profits, as well as, the market shares of our brands. "
This restructuring comes into effect from 1st April, 1999.
Godrej Soaps Ltd. is a major player in the Indian soaps & toiletries market with leading brands such as CINTHOL, GANGA, GODREJ No.1, SHIKAKAI & EVITA range of soaps, GODREJ shaving cream & hair dyes, and DIP liquid detergent. With a turnover of over Rs. 800 crores, the company employs more than 2500 employees and has four state-of-the-art manufacturing facilities at Mumbai (Mah.), Malanpur (M.P.), Silvassa (Dadra) and Valia (Guj.). It is also a leading manufacturer of surface active agents and oleochemicals. Other associate companies include Godrej HI-Care Ltd., Godrej Pillsbury Ltd., Godrej Foods Ltd., Godrej Agrovet Ltd. and Godrej Properties and Investments Ltd. |
