Nisaba Godrej, daughter of billionaire Adi Godrej, is currently the chairperson of Godrej Consumer Products Limited, leading the company to further success. Following her father’s footsteps, she took over the position in 2017. Adi Godrej’s net worth, as reported by Forbes, is $2.9 billion, equivalent to Rs 24,000 crore.
Nisaba is proving herself to be a rising business leader by implementing significant changes in her family’s company, which generates revenue of Rs. 42,500 crore. In 2017, she became the youngest chairperson of Godrej, which had an annual revenue of $1.6 billion (approximately Rs. 9,600 crore) at the time, according to Forbes.
Who is Nisaba Godrej?
Nisaba, born in 1978, is the chairperson of Godrej Consumer Product Limited. She was raised in Mumbai along with her siblings Tanya Dubash and Pirojsha Adi Godrej. After completing her undergraduate studies from the Wharton School of the University of Pennsylvania in 2000, she went on to earn an MBA from Harvard Business School.
Nisaba got married to Kalpesh Mehta, the founder of Tribeca Developers, in the year 2013. The couple has been blessed with two children, Zoran and Aidan.
How is Nisaba Godrej changing the business?
According to media reports, Nisaba has introduced several beneficial changes at Godrej, such as expanding the product range, significantly boosting revenue, and creating a more inclusive workplace culture for women. The company now offers options for remote work, flexible hours, and a program to support women re-entering the workforce.
Furthermore, the company shows support for employees who identify as LGBTQ+. They provide insurance coverage for same-sex relationships and contribute to the cost of medical treatments related to gender transition. These positive changes have not affected the company’s profits negatively and have improved the overall employee experience.
Nisaba Godrej: Net worth and salary
Nisaba Godrej’s salary as the Chairperson of GCPL is undisclosed, but according to StarsUnfolded, her estimated net worth in 2023 is around Rs 1200 crore.