Godrej & Boyce Launches India’s First Homegrown Lithium-Ion Battery-Powered Forklifts

In a landmark achievement for sustainable industrial practices and self-reliance, Godrej & Boyce, a subsidiary of the Godrej Enterprises Group, has introduced India’s first indigenous lithium-ion (Li-ion) battery-powered forklifts. This innovative launch by the company’s material handling division marks a significant advancement in the Indian material handling industry, which has long been reliant on imported battery technologies. Advancing Local Manufacturing The new forklifts are equipped with a cutting-edge Battery Management System (BMS) developed in collaboration with Log9 Materials. The BMS is fully designed and manufactured in India, incorporating 30% localized production, with Godrej & Boyce aiming to achieve 100% localization by next year. This initiative is a key step towards reducing India’s dependence on Chinese imports, in line with the government's "Make in India" program. “India’s logistics sector is at a critical juncture, experiencing rapid growth fueled by infrastructure developments across various industries such as automotive, FMCG, consumer durables, retail, e-commerce, and pharmaceuticals, driven by increasing consumer demand. At Godrej & Boyce, we are dedicated to ‘Make in India’ strategies, playing a crucial role in driving this growth,” stated Anil Verma, Executive Director & CEO of Godrej & Boyce Manufacturing Co., a part of the Godrej Enterprises Group. Verma added that the company is focused on integrating advanced, technology-driven solutions to address the complex challenges of modern supply chains. “These innovations are vital for improving operational efficiency and ensuring the continued evolution of the sector. The future of India’s logistics will be shaped by this commitment to