Godrej & Boyce Achieves over 80 percent Domestic Sourcing
#GodrejandBoyce #DomesticSourcing #ZurvanMarolia #LocalSourcing“As we champion self-reliance, we’re also at the forefront of championing sustainability as a pivotal enabler. Godrej & Boyce is not merely expanding supplier networks; we’re fortifying the foundation of a resilient, green, self-sufficient, sustainable future. This move is emblematic of our unswerving commitment to contribute to India's prominence in the global manufacturing arena.” - Zurvan Marolia, Sr Vice President and Head of Manufacturing, Godrej & Boyce
September 2023 : Godrej & Boyce, the flagship company of the Godrej Group, a trailblazer in sustainable business practices, has recently announced that the company sources over 80 percent of its domestic supply chain. This stride underscores the company’s relentless dedication to strengthening the ‘Make in India’ initiative, igniting an ambitious trajectory towards self-reliance. Currently, Godrej & Boyce has partnerships with over 750 domestic suppliers and plans to deepen their engagement with them over the next 3 years.
In addition to expanding its domestic sourcing foothold, G&B is also focused on creating a sustainable, integrated supply chain. The company, through its ‘Beyond Sourcing’ initiative, plans to advance local suppliers from their basic management development to empowering them with robust productivity and quality systems, culminating in sustainability via Lean & Green Management and ZED (Zero Effect Zero Defect). The initiative is aligned with G&B’s vision of building a self-reliant ecosystem in the manufacturing sector by equipping suppliers with indigenous skills.
Zurvan Marolia, Sr Vice President and Head of Manufacturing, Godrej & Boyce, emphasized, “Our commitment to achieving 80 percent local sourcing is an embodiment of our deep-rooted dedication to the ‘Make in India’ ethos. It reflects our unwavering focus on nurturing local economies and fostering indigenous talent. Our efforts are more than procurement; they encompass cultivating local economic growth and indigenous skill development. As we champion self-reliance, we’re also at the forefront of championing sustainability as a pivotal enabler. Godrej & Boyce is not merely expanding supplier networks; we're fortifying the foundation of a resilient, green, self-sufficient, sustainable future. This move is emblematic of our unswerving commitment to contribute to India’s prominence in the global manufacturing arena.”
This strategic leap from Godrej & Boyce signifies a paradigm shift towards creating a more self-reliant India, where domestically sourced products and sustainability practices converge to bolster economic growth and pave the way for a greener tomorrow.
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