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Godrej Material Handling eyes 28% market share of Electric Forklifts in India by FY24

Owing to a rise in demand for green forklifts in the manufacturing industry, Godrej Material Handling will be doubling its production capacity between FY22 and FY24

Godrej & Boyce scales up its Good & Green vision; aims to reduce carbon footprint with green forklifts
Godrej & Boyce scales up its Good & Green vision; aims to reduce carbon footprint with green forklifts

Godrej Material Handling has strengthened its portfolio in the green products category, eyeing 28% market share of Electric Forklifts in India by FY24. As India’s manufacturing industry is continuously transforming, it is witnessing significant industrial development and a conscious adoption of green manufacturing processes by corporate India. Godrej & Boyce is well-known for its commitment to sustainability and environmental stewardship. With a focus on green forklifts, the business is taking a major stride towards reducing its carbon footprint and creating a more sustainable future for the manufacturing sector in India.

As a part of Godrej & Boyce’s Good & Green initiative that ensures each business generates a share of its revenue from environmentally responsible products and solutions, Godrej Material Handling generates approx. 20% of its business is from such products. The electric forklift is an addition to this portfolio and is committed to providing a consumer experience that is technologically more enhanced and efficient. Electric-powered forklifts have operation costs as low as 20% and are highly manoeuvrable and versatile, which gives them an edge over Diesel forklift trucks. The three electric forklifts offered by Godrej Material Handling are UNO, Bravo, and NEO. The Bravo electric series and Godrej PRO reach truck offer easy-to-operate machinery that is safer for the environment and increases productivity in demanding applications and narrow spaces.

Neville Mevawala, Head of Sales & Marketing, Godrej Material Handling, Godrej & Boyce says, “We aim to bring products and solutions to the market that make the supply chain and logistics segment in India more efficient and sustainable. Switching from an ICE forklift to an emission-free forklift can significantly impact business operations. The UNO Electric Forklift Truck is designed to provide maximum output. The new UNO platform is 10% more energy efficient than the older version due to low energy loss and a higher Volt system. The usage will lead to a significant reduction of carbon footprints and make material handling operations more efficient. We aim to reduce the need for diesel fuel and its associated emissions.”

The Electric Forklifts manufactured by Godrej Material Handling are powerful assets in the 1.5 to 5-tonne forklift class, that feature advanced ergonomics, increased protection, better visibility, and a longer operating time with each charge.