India, June 2 -- By Saurav Mukherjee

Mumbai (Maharashtra) [India], June 2 (ANI): Godrej Industries Group has officially entered the wealth management sector with the launch of 'Godrej Wealth,' setting an aggressive target to amass Rs 1 lakh crore in Assets Under Management (AUM) by 2031.

Speaking exclusively to ANI on Tuesday on the sidelines of the group's press conference in Mumbai, Chairman Designate of Godrej Industries Group Pirojsha Godrej revealed a massive blueprint for the group's financial services vertical, aiming for a combined AUM of Rs 2 lakh crore over the next five years.

"These are two separate AUM goals," Godrej clarified. "One for Godrej Capital, our lending business, which is a hundred thousand crore over the next.....