Godrej & Boyce launches India’s first Lithium-Ion powered forklift truck
Godrej targets 100% localisation of Li-Ion cells by end of next year- a first in India.
Godrej & Boyce launched lithium-ion battery powered forklifts featuring indigenously developed Battery Management System (BMS). Developed in partnership with Log9 Materials, the new battery systems integrate lithium-ion cells with 30% localised production with a proprietary Battery Management System (BMS) fully designed and made in India.
The business has set a target of 100% localisation for the cells by next year.The solution addresses a critical need in the Indian material handling sector by providing a self-reliant and secure Li-Ion battery system. The company claims it is the first offering of this kind by an Indian manufacturer.
The company aims to extend this technology to other material handling equipment. Industries set to benefit include automotive, FMCG, consumer durable, retail including e-commerce, pharmaceuticals, and other major manufacturing sectors.
Anil Verma, Executive Director & Chief Executive Officer, Godrej & Boyce Manufacturing Co. Ltd., part of the Godrej Enterprises Group said, "India’s logistics sector is at a pivotal juncture, experiencing robust growth driven by infrastructure advancements across sectors, fuelled by rising consumer demand.
The future of India’s logistics will be shaped by this commitment to nation building and innovation, securing a more resilient and adaptive industry."
RELATED ARTICLES
India's Automotive AI Race Will Be Won on Data
As connected vehicles, AI and supply-chain pressures reshape India’s automotive industry, the ability to unify data acro...
Mahindra & Mahindra’s stake in New Democratic Electoral Trust Falls to 49.63%
NDET ceases to be a step-down subsidiary after an equity share allotment reduces the Mahindra group’s aggregate holding ...
Renault India CEO Says Hybrids, CNG Could Account for 50% of Sales in 2-3 Years
CEO Stéphane Deblaise says the company is betting on hybrid technology as an alternative to diesel, while targeting €2 b...



22 Aug 2024
Autocar Professional Bureau
