By Team Homes | Thursday, 11 January 2024

Godrej & Boyce Strengthens its Market in North India

The flagship company of the Godrej Group, Godrej & Boyce is taking notable steps in intensifying its footprint and market share in North India, especially focusing on the Chandigarh region. The Chandigarh branch of Godrej Material Handling which covers Jammu & Kashmir, Leh & Ladakh, Himachal Pradesh, Punjab, and parts of Haryana has been on a development trajectory.

With a CAGR of over 15% from the time of FY22, the Chandigarh branch is perched to achieve noteworthy revenues of more than Rs. 50 crores in FY24.

Godrej’s Chandigarh branch plays a pivotal role in North region by contributing 6-7% of the total MHE business. As a whole accounts, the North region contributes for 26% of the company’s business.

Represented by its trusted partner, Viren Engineers, the group of Godrej Material Handling publicized the launch of a state-of-the-art dealership in Ludhiana. To establish warehousing facilities, Ludhiana has emerged as a well-known destination for businesses.

Speaking to this regard, Anil Lingayat, executive VP & business head, Godrej Material Handling, Godrej & Boyce says, “North is a key market for us owing to its rapid industrial expansion and development. Godrej Material Handling recognizes the evolving dynamics of the northern region, with a growing focus on e-commerce and retail warehousing. We are committed to providing innovative and sustainable solutions to address these shifting market needs. With a strong presence in North India and a customer-centric approach, we are positioned for continued success and growth in the material handling industry.”

Being establishing themselves as a key player in India’s manufacturing sector, Godrej Material Handling’s dedication to north India’s industrial growth is fundamental. Godrej & Boyce has always been at the front position of making  global technology feasible for Indian customers with a range of advanced material handling products.