𝘎𝘰𝘥𝘳𝘦𝘫 𝘊𝘢𝘱𝘪𝘵𝘢𝘭 𝘈𝘤𝘩𝘪𝘦𝘷𝘦𝘴 100% 𝘎𝘳𝘰𝘸𝘵𝘩; 𝘛𝘢𝘮𝘪𝘭𝘯𝘢𝘥𝘶 𝘮𝘢𝘳𝘬𝘦𝘵 𝘋𝘳𝘪𝘷𝘦𝘴 𝘐𝘵𝘴 𝘌𝘹𝘱𝘢𝘯𝘴𝘪𝘰𝘯
Chennai, February 7, 2024: Godrej Capital , the financial services arm of the Godrej Industries Group, has achieved 100% growth over the past year in Tamil Nadu. The South contributes more than 30% to Godrej Capital's INR 15,000 crore business, with Tamil Nadu accounting for INR 800 crore in Assets Under Management (AUM), highlighting Chennai as a critical growth market. Tamil Nadu remains central to Godrej Capital’s long-term vision, with the state expected to play a significant role in achieving the company’s goal of a balance sheet of INR 30,000 crore by 2026. Manish Shah, MD and CEO of Godrej Capital The company has been focusing on empowering the Micro, Small, and Medium Enterprises (MSME) sector, with Chennai emerging as a key market for the company’s expansion strategy in the state. Over the last year, Godrej Capital has increased its network of channel partners in Chennai from 150+ to 500. This strategic expansion has enabled the company to offer a broader range of innovati...