The Godrej Group has entered the wealth management sector with the launch of a dedicated platform aimed at affluent and high-net-worth individuals. The company has set a target of managing Rs 1 lakh crore in assets under management (AUM) over the next five years.
The new business will primarily serve clients with investable assets of Rs 2 crore and above, including entrepreneurs, business families, non-resident Indians (NRIs), and sophisticated investors.
According to the company, the platform will combine a trust-led advisory approach with technology-enabled solutions to cater to the evolving needs of wealth management clients. As part of its growth strategy, the business plans to expand its footprint to 35 locations across the country over the next five years.
The move marks Godrej’s entry into a fast-growing segment of financial services, as increasing wealth creation and demand for personalised investment solutions continue to drive growth in India’s affluent consumer market.
Commenting on the launch, Pirojsha Godrej, Chairperson Designate of Godrej Industries Group, said, “As India’s wealth base deepens and financial assets become central to family wealth, there is a growing need for institutions that can provide long-term stewardship across generations. For over 129 years, the Godrej Group has stood for governance, trust, and institution building.”
He added, “Through Godrej Wealth, we aim to bring the same institutional rigour and long-term perspective to individuals and families navigating increasingly complex financial needs. Wealth management will be a core long-term growth driver for our financial services business.”
Manish Shah, MD & CEO of Godrej Capital, said, “India’s wealth landscape is becoming increasingly complex. Clients today are looking beyond individual products and seeking integrated solutions across investments, liquidity, succession, governance, and global opportunities.”
