Godrej Launches India's First Multilon Battery for Electric Forklifts, Cutting Ownership Costs by 25%

Godrej Enterprises Group (GEG) has taken a significant step in reshaping India's industrial energy landscape by introducing the country's first Multilon battery technology for electric forklifts. Rolled out through its Material Handling Equipment (MHE) business, the launch is positioned to address the surging demand for efficient, dependable, and sustainable energy solutions across India's fast-growing manufacturing, logistics, and warehousing sectors.

The technology promises a 25% reduction in total cost of ownership, improved equipment uptime, and cleaner industrial operations. Critically, the battery is engineered to last through the entire operational life of the forklift, eliminating the recurring cost and downtime associated with mid-cycle battery replacements.

The timing of the launch is deliberate. India's industrial and warehousing market is in the midst of a strong growth phase. The sector recorded more than 11 million square feet of leasing across the top eight cities in just the first quarter of 2026, fuelled by demand from third-party logistics providers, e-commerce platforms, and manufacturing-led supply chain modernisation initiatives. As warehouses grow denser and operational throughput continues to climb, the pressure on energy systems to be safe, efficient, and future-ready has never been greater.

What sets the Multilon battery apart is its combination of capabilities rarely found together in a single industrial energy solution. The battery supports both fast and opportunity charging, requires zero maintenance, and delivers high energy efficiency — all while eliminating rare-earth material dependency and simplifying end-of-life disposal. Developed in collaboration with one of India's leading deep-tech battery innovators, the technology is rated for up to 5,000 life cycles. That figure represents nearly 60% more life cycles than standard lithium-ion batteries, a distinction that directly translates to lower long-term ownership costs and fewer replacement cycles over the equipment's lifespan.

Another standout feature is the battery's thermal resilience.

Designed to operate in ambient temperatures exceeding 45 degrees Celsius, the Multilon battery is well-suited to India's tropical climate — a factor that conventional battery technologies often struggle to account for without performance degradation or safety risks.

Anil Lingayat, Business Head of Material Handling Equipment at Godrej Enterprises Group, explained the broader vision behind the launch: "As India's supply chains scale in complexity and intensity, material handling requires energy solutions that deliver reliability, long-term value and sustainability. With Multilon battery technology, we are rethinking how industrial equipment is powered, applying advanced engineering to enable higher uptime, lower ownership costs and cleaner operations across the value chain, including MSMEs. This reflects our focus on design-led innovation, R&D, and technology-driven product focus that delivers real, scalable impact across the logistics ecosystem."

His comments highlight an important dimension of the rollout — the technology is not designed exclusively for large enterprises. By making the economics of advanced battery solutions viable for MSMEs as well, Godrej is extending the reach of sustainable industrial practices to a broader segment of India's manufacturing base.

The Multilon battery comes backed by more than 5,000 hours of real-world validation, giving industrial buyers a strong foundation of confidence in its performance and durability. It also carries a seven-year warranty, which is a meaningful commitment in a sector where equipment reliability directly impacts operational continuity.

Godrej Enterprises Group has framed this launch as part of a wider strategic focus on advanced engineering and digital integration within its material handling portfolio. The company sees the Multilon battery as a building block in a broader effort to bring technology-driven innovation to India's logistics and warehousing infrastructure at scale.

As India continues to invest in supply chain modernisation and industrial capacity, solutions like the Multilon battery are likely to play an increasingly important role in making that growth sustainable, cost-effective, and resilient to the operational demands of a rapidly evolving market.