New Delhi: Godrej Industries Group has entered the wealth management business with the launch of Godrej Wealth, a new venture aimed at serving affluent and high-net-worth individuals. The company has set a target of managing Rs 1 lakh crore in assets under management (AUM) by 2031.
As per media reports, Godrej Wealth will operate under Godrej Investments, a subsidiary of Godrej Industries Group, and will complement the group’s existing financial services business, including lending arm Godrej Capital. As part of its growth plans, the company aims to expand its presence to 35 locations across India over the next five years.
The move comes as rising wealth creation, growing entrepreneurship and increased financialisation of savings drive demand for specialised wealth advisory services in the country.
The platform will cater to individuals with investable assets of Rs 2 crore and above, including entrepreneurs, business families, non-resident Indians (NRIs) and other high-net-worth investors. Its offerings will cover wealth management, succession and legacy planning, private market investments, global investment opportunities and portfolio structuring.
Godrej Wealth will focus on providing integrated financial solutions that go beyond traditional investment products. The company plans to combine technology-led services with personalised advisory support to help clients manage investments, liquidity, governance and long-term wealth planning.
The wealth management business will be built around four key areas: advisory-led services, technology-enabled solutions, access to global investment opportunities and long-term wealth governance. The company also aims to address the growing preference among investors for research-backed and transparent advisory services.
The launch marks a significant expansion of Godrej Industries Group’s financial services portfolio as it looks to strengthen its presence in wealth management and build long-term relationships with affluent clients across India.
