Latest news with #GodrejEnterprisesGroup
Time of India
2 days ago
- Business
- Time of India
Godrej to supply largest carbon capture unit for European CCUS facility
New Delhi: Godrej Enterprises Group 's Process Equipment business has secured an international order to manufacture and supply its largest-ever equipment for a carbon capture , utilisation and storage (CCUS) facility in Europe. The equipment, designed for high-efficiency carbon dioxide separation and capture, surpasses all previous equipment delivered by the company in both scale and complexity. The deal highlights India's growing presence in global precision heavy equipment manufacturing , with 70 per cent of Godrej Process Equipment's revenue currently derived from export markets. The company is diversifying its global footprint amid rising demand for clean energy technologies and environmental infrastructure . In recent years, the Process Equipment unit of Godrej Enterprises Group has emerged as a key supplier of critical equipment to global energy and industrial players. The latest CCUS order strengthens the company's position in the international clean energy market. 'Securing this prestigious order in carbon capture technology, alongside our recent CII GreenCo Platinum recognition, reflects our unwavering commitment to building a cleaner, more resilient future for generations to come,' said Hussain Shariyarr , Executive Vice President and Business Head, Process Equipment, Godrej Enterprises Group. The order is aligned with the Government of India's ' Make in India for the World' initiative, which aims to promote India as a trusted manufacturing partner for advanced environmental technologies.
Business Upturn
03-07-2025
- Automotive
- Business Upturn
Godrej Invests 2–3% Revenue in R&D to Support India's EV Growth
As India's electric vehicle (EV) industry continues to expand, the Tooling division of Godrej Enterprises Group is stepping up to meet the evolving needs of EV manufacturers by providing locally produced, high-precision components critical for electric mobility. In response to a 28% year-on-year growth in EV sales this May and record annual sales of 1.96 million units in FY25, there's growing demand for specialized parts like battery boxes, engine components, and sheet metal parts. The Godrej tooling division has been adapting to this shift by focusing on high-precision dies and tooling systems, essential for the production of EV components. To stay ahead of the curve, the company has invested 2–3% of its revenue in research and development and advanced machinery, aiming to improve manufacturing efficiency and reduce dependency on imports. Around 10–15% of the company's tooling business revenue over the past three years now comes from EV-related orders, showing the growing role of domestic suppliers in the clean mobility space. Pankaj Abhyankar, Business Head, Tooling business of Godrej Enterprises Group, said, 'As EV manufacturers scale up production to meet growing consumer demand, they require tooling partners who understand both the technical complexities and the commercial imperatives of this rapidly evolving sector. India's EV transition is not just about vehicles, it's about building a resilient, self-reliant, and globally competitive ecosystem. At Godrej Enterprises Group, we are proud to be enabling this transformation through our precision engineering solutions. These world-class tooling systems help reduce dependence on imports while improving lead times, cost efficiency, and product reliability.' The company is also looking to localize tools currently manufactured overseas, aiming to both reduce lead times and create new export opportunities. This push aligns with the Indian government's focus on 'Make in India' and import substitution, while also supporting the development of secondary markets for locally made tools. By combining domestic manufacturing with global servicing capabilities, the Godrej Enterprises Group aims to position India as a reliable exporter of precision tooling solutions for the EV industry
Business Upturn
30-06-2025
- Business
- Business Upturn
India's Logistics Sector Sees Push Toward Greener, Smarter Warehousing
India's warehousing sector is undergoing a significant shift as automation, AI, and sustainable technologies take center stage. Godrej Enterprises Group (GEG) is leading this change through its intralogistics arms, introducing electric forklifts, IoT-enabled systems, and green manufacturing practices. With over 37% of its revenue now coming from eco-aligned solutions, GEG's push aligns with India's goal of reducing logistics costs and building a more efficient, future-ready supply chain. By Riddhima Jain Published on June 30, 2025, 12:34 IST India's warehousing and intralogistics sector is seeing a wave of innovation as companies adopt smarter and greener technologies to meet rising demand and efficiency targets. Among the key contributors to this shift is Godrej Enterprises Group (GEG), which has significantly expanded its presence in the space through its Material Handling Equipment (MHE) and Storage Solutions divisions. GEG reports that over 37% of its revenue now comes from its Good & Green portfolio, with a 30% growth in its network of eco-aligned partners over the past three years. Its intralogistics offerings — including AI-driven racking systems, electric forklifts, and IoT-enabled equipment — are being increasingly adopted by fast-growing sectors like e-commerce, FMCG, cold chain logistics, and quick commerce. According to company officials, 85% of procurement is sourced locally, reinforcing GEG's alignment with the Atmanirbhar Bharat initiative. With a market share of 20–25% in material handling and storage solutions, the company is also investing in R&D and digital-first technologies to modernize warehouse operations across the country. 'Intralogistics is no longer just about moving goods — it's about efficiency, safety, and sustainability,' said Vikas Choudaha, Business Head of Storage Solutions at GEG. The company claims its technologies are helping warehouse operators cut costs and improve turnaround times, especially in high-volume delivery chains. GEG's Chennai facility stands out for its green manufacturing practices — with 3x water positivity, a 30% reduction in carbon emissions, and a roadmap to zero landfill waste. Its Mumbai-based MHE operations have also expanded electric forklift production and introduced India's first indigenously developed lithium-ion forklift with a custom battery management system designed for local conditions. These moves are in line with the goals of India's National Logistics Policy, which aims to reduce logistics costs (currently estimated at 14–18% of GDP) to single digits. As logistics becomes a strategic sector for India's global competitiveness, the focus on automated, efficient, and sustainable warehousing is likely to intensify. Whether these solutions can scale across India's fragmented supply chains remains to be seen, but companies like GEG are positioning themselves at the center of the transformation. Ahmedabad Plane Crash
Time of India
11-06-2025
- Automotive
- Time of India
Godrej's Motor Solutions targets ₹1,000 crore revenue by FY28, ET Manufacturing
Advt Advt By , ETManufacturing Join the community of Top industry professionals Subscribe to our newsletter to get latest insights & analysis. Get updates on your preferred social platform Follow us for the latest news, insider access to events and more. The Motor Solutions business of Godrej Enterprises Group is aiming for a revenue of ₹1,000 crore by financial year 2028, with exports projected to contribute 20% of the total. The company expects to reach ₹750 crore in revenue by FY26, driven by increasing demand in the electric vehicle (EV), HVAC , pump, and actuator sectors across domestic and international company has announced a capital investment of ₹40 crore over the next three years to expand manufacturing capabilities and introduce new technologies in response to EV-related export Marker, Executive Vice President and Head of the Motor Solutions Business, stated: 'We are strengthening our manufacturing capabilities through significant R&D investments and advanced technology adoption. We continue to invest in technology and capacity to serve identified growth sectors like EV, automation, actuators, pumps, while advancing innovations in motor design to reduce reliance on rare-earth materials.'To meet growing demand, a new assembly line for EV motor components has been commissioned. The facility will also install a high-precision lamination punching line from AIDA Japan to support requirements for thin laminations used in EV, aerospace, and automation holds a 60% market share in hermetic motors for refrigeration and air-conditioning in developments include fully assembled motors for off-road EV applications catering to customers in the US, as well as upcoming manufacturing for a German group requiring compatible controller solutions. The business is also developing Switched Reluctance and Synchronous Reluctance Motors aimed at reducing rare earth magnet dependency while improving Pune-based facility has an annual production capacity of over six million motors and offers more than 300 customised SKUs for various industrial uses. The campus has certifications for environmental performance including IGBC Platinum and GreenCo Platinum Plus . It is water positive, recycles 80% of finished goods packaging, and operates with a zero-waste-to-landfill on a 36-acre manufacturing campus in Shindewadi, Pune, the unit benefits from a supply chain with most vendors located within a 100-kilometre radius. This regional sourcing is aligned with Pune's broader industrial ecosystem supporting India's automotive and manufacturing sectors.
Time of India
11-06-2025
- Automotive
- Time of India
Godrej's Motor Solutions targets ₹1,000 crore revenue by FY28
The Motor Solutions business of Godrej Enterprises Group is aiming for a revenue of ₹1,000 crore by financial year 2028, with exports projected to contribute 20% of the total. The company expects to reach ₹750 crore in revenue by FY26, driven by increasing demand in the electric vehicle (EV), HVAC , pump, and actuator sectors across domestic and international markets. The company has announced a capital investment of ₹40 crore over the next three years to expand manufacturing capabilities and introduce new technologies in response to EV-related export demand. Manufacturing expansion and technology investments Xercsis Marker, Executive Vice President and Head of the Motor Solutions Business, stated: 'We are strengthening our manufacturing capabilities through significant R&D investments and advanced technology adoption. We continue to invest in technology and capacity to serve identified growth sectors like EV, automation, actuators, pumps, while advancing innovations in motor design to reduce reliance on rare-earth materials.' To meet growing demand, a new assembly line for EV motor components has been commissioned. The facility will also install a high-precision lamination punching line from AIDA Japan to support requirements for thin laminations used in EV, aerospace, and automation industries. Godrej holds a 60% market share in hermetic motors for refrigeration and air-conditioning in India. Product development and sustainability measures Recent developments include fully assembled motors for off-road EV applications catering to customers in the US, as well as upcoming manufacturing for a German group requiring compatible controller solutions. The business is also developing Switched Reluctance and Synchronous Reluctance Motors aimed at reducing rare earth magnet dependency while improving performance. The Pune-based facility has an annual production capacity of over six million motors and offers more than 300 customised SKUs for various industrial uses. The campus has certifications for environmental performance including IGBC Platinum and GreenCo Platinum Plus . It is water positive, recycles 80% of finished goods packaging, and operates with a zero-waste-to-landfill approach. Situated on a 36-acre manufacturing campus in Shindewadi, Pune, the unit benefits from a supply chain with most vendors located within a 100-kilometre radius. This regional sourcing is aligned with Pune's broader industrial ecosystem supporting India's automotive and manufacturing sectors.
