Godrej & Boyce scales up automated supply chain solutions

Godrej Körber targets growth of 18 per cent in the next five years in partnership with German-based JV partner KörberSupply Chain.

 

The global warehouse automation market is expected to grow to $19.5 billion by FY2025, and the pandemic has further underscored the segment’s significance. To address this growing market, a joint venture between Godrej & Boyce, the flagship company of the Godrej Group, and Germany-based KörberSupply Chain has pioneered the role of intralogistics across different sectors by offering differentiated automation solutions. Godrej Körberexceeded order intake targets with order books full in FY2022, and the further business eyes 18 per cent growth in the next five years owing to its successful coalition with global player KörberSupply Chain.

Since the pandemic, the industry has witnessed a significant shift towards adopting automation. In addition to Asia emerging as a development engine for supply chain automation, KörberSupply Chain intends to increase investments in India through its Indian subsidiary, Godrej Körberin, in FY2023. 

Godrej KörberSupply Chain has achieved market growth with increased market share due to their strong collaboration and response to the Make-In-India policies by the government. The targeted market share is 25 per cent by FY2025. Due to the growth of the manufacturing sector, development of organised 3PLs, Pharma, retail, e-commerce, and food service businesses, as well as shifting consumption patterns, the government is investing in cold chain and cold storage facilities. Considering this, Godrej Körber focuses on bulk handling in the automation industry for leading private players and public-private partnership projects. Godrej & Boyce and KörberSupply Chain shared their ambitious plan to engineer automated solutions and build a self reliant intralogistics sector in India. The business dominates a market size worth 4000 Crores.

Sunil Dabral, Senior Vice President & Business Head, Godrej Körber, stated, “Godrej Körber is a system integrator and provides a broad array of automation solutions, including stacker cranes and shuttle based AS/RS solutions. These let you fully control the storage of all palletised commodities without manual handling and conveyors. Rail-guided vehicle systems quickly and efficiently link even far-off places in the warehouses, autonomous robotics-based solutions and IT solutions like WCS & WMS to run these systems to deliver the best performance. By offering an unmatched depth and breadth of technologies and expertise, we aim to conquer supply chain complexity across sectors in India.” 

Win Thian Chai, Chief Executive Officer, KörberSupply Chain (Asia) said, “Körber intends to outpace both local and global projections for intralogistics growth. Our partnership with Godrej & Boyce will enable us to work together to accomplish this goal. We want to be recognised as a systems Integrator that provides material handling solutions with sustainable technologies by improving warehouse performances at the lowest cost of ownership and enabling waste reduction and damage in the warehouses. We are optimistic that Godrej Körber would effectively translate our business ambitions into our customers’ success.” 

 

To learn more, visit: www.godrej.com Find out more on www.koerbersupplychain.com