Godrej Interio, Godrej & Boyce’s furniture solutions brand, expects to earn up to 42% of its sales in fiscal year 2024 from ecologically friendly or “green” items.
Godrej Interio has set an ambitious goal to promote sustainable business practices by increasing this share to at least 50 percent by 2032.
“Through our Beyond Sourcing supplier program, we have been facilitating a supply chain ecosystem that is aligned to our commitment towards offering consumption choices to our customers and in turn build a greener and a more self-reliant future,” remarked Swapneel Nagarkar, Senior Vice President and Business Head of Godrej Interio. The company’s sustainable goods have the ‘Green Assured’ mark and ‘GreenPro’ accreditation.
In fiscal year 2024, the company has a 94 percent local value addition and has been actively collaborating with its suppliers, providing training on a variety of critical subjects such as energy efficiency, water conservation, renewable energy, GHG emissions, waste management, material conservation, recycling, and recyclables, green supply chain, and green infrastructure and ecology.
Godrej Interio’s dedication to sustainability is seen in implementing ecologically friendly methods across its production facilities. Since fiscal year 2011, the corporation has reduced its carbon intensity by 28%, specific energy consumption by 41%, and specific water usage by 10%.
Godrej Interio is an Indian furniture business based in Mumbai, India. The Godrej Storewel cupboard was the company’s first foray into furniture manufacture in 1923.
It is Godrej & Boyce‘s furniture division and a subsidiary of the multinational Godrej Group. It is a brand in residential and institutional sectors, with a 15% market share. Godrej Interio has over 56 showrooms in 20 cities throughout India, as well as 800 dealer shops.
It has production facilities in Mumbai, Khalapur, Shirwal, Maharashtra, Haridwar, and Bhagwanpur, Uttarakhand, with a central warehouse in Mumbai, India.
In 1923, the business began producing furniture with the Godrej Storewel cupboard. Godrej Interio was created in 2006 as a business unit of Godrej & Boyce, which is part of the Godrej Group.
Godrej Interio established U&US Home Design Studio in October 2015 to develop its custom-branded furniture business. U&Us is the first Indian company to introduce a specialist retail shop model. It provides solutions for designing and creating house interiors. In January 2020, the firm joined the E-commerce industry by creating an e-commerce website for Godrej Interio.
