Godrej Material Handling has projected 15% business growth in Telangana. The business showcased its recently launched forklift trucks including 3 Wheel Bravo Electric Forklift and Godrej PRO Series Reach Truck for the first time in Hyderabad.
The city’s E-commerce, retail, and pharma companies are key drivers of the warehousing demand in Hyderabad. The retail and e-commerce companies either prefer to manage their own operations or outsource their logistics and warehousing operations to third-party logistics (3PL) players and equipment rental providers. This has led to increase in demand of battery-operated equipment which can work in narrow aisles and can stack vertically up to 12m. Thus, the demand of these equipment has increased in the state. With technologically advanced innovations, Godrej Material Handling aims to achieve 30% of revenue in FY23 with an aspiration to achieve 50% of revenue in next 3 years.
In the warehouse equipment category, there has been a discernible shift toward goods equipment with cleaner, greener, and smarter technologies. Aligned with the company’s motto to contribute toward India’s self-reliance, the two recently launched forklift trucks exhibited by Godrej Material Handling in Hyderabad have been indigenously designed to be workhorse to increase throughput. The Bravo Electric Series has twin motor technology and is a modern equipment that drives productivity in demanding applications and narrow spaces with its easier-to-operate machinery that is also safer for the environment. The Godrej PRO Series Reach Truck has capability to work two shifts with single higher capacity battery and thus ensures increase in safety at workplace.