Business

The daughter-in-law of the royal family will join as a CMD with this 125-year-old company that manufactures everything from locks to refrigerators.

Nairika Holkar joined the board of this company in 2017.

The country’s famous Godrej company is going to get its new CMD soon. Nairika Holkar, the daughter-in-law of Indore’s famous Holkar royal family, is going to be working on this post. In this 125-year-old company that manufactures from locks to refrigerators, executive director Nairika Holkar is going to become the CMD of a company worth Rs 12,000 crore. People are seeing him as the successor of Jamshed Godrej. Jamshed has advised him to adopt a conservative approach in the matter of finance and plan for the next 125 years for the company.

For information, let us tell you that Nairika had joined the board of this company in 2017. She is the daughter of Jamshed’s sister Smita Krishna. Nairika, who took LLB and LLM degrees from University College of London, UK after doing BA in Philosophy and Economics from Colorado College in America, married her childhood friend and Yashwantrao Holkar of Holkar royal family in 2015. happened.

Though talks are going on in the Godrej family regarding the partition, Jamshed said on this that we have decided not to talk publicly on this issue. Jamshed is the cousin of Godrej Group chairman Adi Godrej and Godrej Agrovet chairman Nadir Godrej. Jamshed told that Nairika is interested in business and she is also passionate. Elaborating further, he said, “Our 125 years of legacy is a symbol of the strong belief that a pioneering spirit is essential to business. Also the spirit of innovation is also important. Whatever we do, its roots should be permanent. We should pursue people with passion.”

Talking about the company’s vision, he said that there is still good demand at the industrial level. So we want to take the growth to the next level. On the consumer side, the price of refrigerators has gone up in the last few years. This has affected the demand. We need to double our turnover in the next 6-7 years. A lot depends on how the economy progresses.

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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