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April 5, 1999 |
Godrej Soaps to restructureGodrej Industries Limited, the leading manufacturer of soaps and toiletries in India, has announced a major organisational restructuring programme. The varied business activities of the company are being bifurcated into divisions to be headed individually by a president. One division will be for consumer products, the other for chemicals. The former will be headed by Hoshedar K Press, the latter by Mathew Eipe. The consumer products division will be responsible for the manufacturing, marketing, sales and exports of the soap and toiletery brands of Godrej Soaps such as Cinthol toilet soaps and Godrej hair dyes. The chemicals division will be responsible for the manufacturing, marketing, sales and exports of the various chemical products of Godrej Soaps such as fatty acids, fatty alcohols and glycerine. The previous structure of an independent ''product supply Organisation'' providing the products to the marketing operations has been dismantled. The manufacturing and marketing functions would work together as one team. The restructuring has come into effect from April 1, 1999. Adi B Godrej, managing director of Godrej Soaps Limited said that the restructuring had been implemented with a view to streamline the organisational structure and enhance business performance. The synergies resulting from this change would help us in improving profits as well as the market shares of our brands. With a turnover of over Rs 8 billion, the company employs more than 2,500 employees and has three state-of-the-art manufacturing facilities at Bombay, Malanpur, Silvassa and Valia. It is also a leading manufacturer of surface active agents and oleochemicals. With effect from April 1, 1999, the infotech services division of Godrej & Boyce Manufacturing Company Limited has become a new subsidiary company of the Godrej group. It has been incorporated as Godrej Infotech Limited. |
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