Godrej Material Handling Aims 30 Per Cent Revenue From Telangana

GODREJ & BOYCE, the flagship company of the Godrej Group, announced that its business Godrej Material Handling has projected 15 per cent 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.

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The city's e-commerce, retail, and pharma companies are key drivers of the warehousing demand in Hyderabad. Retail and e-commerce companies either prefer to manage their operations or outsource their logistics and warehousing operations to third-party logistics (3PL) players and equipment rental providers. This has led to an increase in demand for battery-operated equipment which can work in narrow aisles and can stack vertically up to 12m. Thus, the demand for this equipment has increased in the state. With technologically advanced innovations, Godrej Material Handling aims to achieve 30 per cent of revenue