Modi Enterprises is an Indian business conglomerate based in New Delhi, India. The US $2. 8 billion group, consisting of Godfrey Phillips India, Indofil Industries Ltd., Modicare Limited, has a diversified business portfolio including cigarettes manufacturing, education, agricultural chemicals, personal care, tea and beverages, entertainment, consumer products, multi-level marketing, and gourmet restaurants. Gujarmal Modi (19021976), founded the Modi Group, beginning with a small, family-run business, then expanding from 1933 onwards with companies such as Modi Sugar, Modi Vanaspati Mfr Co., Modi Industries Ltd, Modi Luft and Modi Rubber, Modi Paints, Modi Oils, Modi Electrodes, Modi Lanterns and Torch works, Tube wells/drilling, Modi Distillery, Modi Steels, Industrial Gases, Modi Spinning and Wvg. Mills Co. Ltd., Modi Yarn Mills, Modi Threads, Modi Soap, and Modi Carpets etc. By the time Modi's brother Kedar Nath Modi joined the company, the Modi Group was India's seventh largest conglomerate. The company had become the center of the eponymously renamed city of Modinagar. Modi died in 1976, and KN Modi succeeded him with the help of Modi's five sons and his own three sons who later joined the family business. The founder of the company did not leave a will and, although the family remained united under KN Modi's leadership, this oversight would later cause a rift that threatened to destroy the company. In April 2010, Krishan Kumar Modi, former chairman of Modi Group, announced that his eldest son Lalit Modi will succeed him as the head of Modi Group's flagship business Godfrey Phillips India (GPI). KK Modi is the father of Lalit Modi, the founder of the Indian Premier League (IPL).
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