
India's Logistics Sector Sees Push Toward Greener, Smarter Warehousing
India's warehousing and intralogistics sector is seeing a wave of innovation as companies adopt smarter and greener technologies to meet rising demand and efficiency targets. Among the key contributors to this shift is Godrej Enterprises Group (GEG), which has significantly expanded its presence in the space through its Material Handling Equipment (MHE) and Storage Solutions divisions.
GEG reports that over 37% of its revenue now comes from its Good & Green portfolio, with a 30% growth in its network of eco-aligned partners over the past three years. Its intralogistics offerings — including AI-driven racking systems, electric forklifts, and IoT-enabled equipment — are being increasingly adopted by fast-growing sectors like e-commerce, FMCG, cold chain logistics, and quick commerce.
According to company officials, 85% of procurement is sourced locally, reinforcing GEG's alignment with the Atmanirbhar Bharat initiative. With a market share of 20–25% in material handling and storage solutions, the company is also investing in R&D and digital-first technologies to modernize warehouse operations across the country.
'Intralogistics is no longer just about moving goods — it's about efficiency, safety, and sustainability,' said Vikas Choudaha, Business Head of Storage Solutions at GEG. The company claims its technologies are helping warehouse operators cut costs and improve turnaround times, especially in high-volume delivery chains.
GEG's Chennai facility stands out for its green manufacturing practices — with 3x water positivity, a 30% reduction in carbon emissions, and a roadmap to zero landfill waste. Its Mumbai-based MHE operations have also expanded electric forklift production and introduced India's first indigenously developed lithium-ion forklift with a custom battery management system designed for local conditions.
These moves are in line with the goals of India's National Logistics Policy, which aims to reduce logistics costs (currently estimated at 14–18% of GDP) to single digits. As logistics becomes a strategic sector for India's global competitiveness, the focus on automated, efficient, and sustainable warehousing is likely to intensify.
Whether these solutions can scale across India's fragmented supply chains remains to be seen, but companies like GEG are positioning themselves at the center of the transformation.
Ahmedabad Plane Crash
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Business Insider
an hour ago
- Business Insider
Lyft is getting into the robotaxi game with a big Chinese company
Baidu and Lyft are joining forces to deploy Apollo Go robotaxis in European cities. Lyft is planning for thousands of robotaxis in Europe, starting in the UK and Germany by 2026. This comes as the robotaxi race is heating up globally. Lyft is teaming up with Chinese tech giant Baidu to bring its robotaxis to European streets. The San Francisco-based ride-hailing company will deploy Baidu's sixth-generation Apollo Go self-driving robotaxis in Europe starting next year, it said in a Monday press release. According to the release, Lyft will bring thousands of vehicles from Baidu across Europe in the following years. It said it would start with the United Kingdom and Germany in 2026, following regulatory approvals. "By integrating Baidu's cutting-edge autonomous driving technology with Lyft's platform reach and operational expertise, we're excited to deliver safer, greener, and more efficient mobility solutions to more users," Robin Li, Baidu's CEO and cofounder, said in the release. Lyft CEO David Risher added in the release that the partnership will bring the benefits of autonomous vehicles, such as safety, reliability, and privacy, to "millions of Europeans." Baidu, a Chinese internet search engine giant, launched its Apollo Go electric autonomous vehicles in 2020. According to its website, Apollo Go provides autonomous ride-hailing services in 11 Chinese cities. And earlier this year, Apollo Go announced it would expand its robotaxis to Dubai and Abu Dhabi in 2026. According to a July 2024 report by the Chinese state-affiliated news outlet Global Times, a 10-kilometre Apollo Go ride in Wuhan city costs between 4 and 16 Chinese yuan, or $0.60 to $2.20. On July 31, Lyft announced its acquisition of Freenow, a ride-hailing service operating in nine European countries, in a move to expand into the European market. robotaxi dominance. On July 31, Musk wrote on X that riders could hail a Tesla in the San Francisco Bay Area and Austin. However, a July report from HSBC analysts found that it could take years for driverless taxis to become profitable, and the market was "widely overestimated."


Bloomberg
an hour ago
- Bloomberg
Troubled Indian Lender IndusInd Taps Veteran Anand as Next CEO
Embattled IndusInd Bank Ltd. appointed veteran banker Rajiv Anand as its chief executive officer, filling a key vacancy as the Indian lender seeks to recover from suspected fraud and accounting issues. The bank shares jumped. Anand, who was most recently the deputy managing director at private sector lender Axis Bank Ltd., will take charge from Aug. 25 for a three-year term, the Mumbai-based bank said in an exchange filing late on Monday.


Business Upturn
an hour ago
- Business Upturn
Azad Engineering shares surge nearly 6% as Q1 net profit jumps 74% YoY
By Aditya Bhagchandani Published on August 5, 2025, 09:23 IST Shares of Azad Engineering rose sharply by 5.96% to ₹1,589.60 in Monday's early trade following the announcement of robust Q1 FY26 financial results. The stock opened strong and hit an intraday high of ₹1,611.50, up from the previous close of ₹1,500.20, pushing its market capitalization to ₹10,190 crore. The Hyderabad-based precision engineering firm reported a 73.7% year-on-year increase in net profit to ₹29.7 crore, driven by strong revenue growth and operating efficiency. Total revenue rose 39.2% YoY to ₹137 crore. EBITDA also surged 50% to ₹49.2 crore, with the company's operating margin expanding to 35.9% from 33.2% a year earlier. Azad Engineering attributed the margin improvement to a favorable product mix and a reduction in consumption costs, which fell to 12.1% of sales from 15.6% in Q1 FY25. However, employee costs and depreciation rose due to facility expansion and salary hikes. Finance costs increased due to higher borrowings and forex losses. The stock has traded in a 52-week range of ₹1,159.45 to ₹1,929.80. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.