Godrej Körber to scale up supply chain solutions
Targets growth of 18% in the next five years
Godrej Körber, a joint venture between Godrej & Boyce, the flagship company of the Godrej Group, and Germany-based Körber Supply Chain, is pioneering the role of intra-logistics across different sectors by offering differentiated automation solutions.
"Godrej Körber exceeded order intake targets with order books full in FY22, and the business further eyes 18 percent growth in the next 5 years," says an official release.
The global warehouse automation market is expected to grow to $19.5 billion by FY25, and the pandemic has further underscored the significance of the segment, the release added. With Asia emerging as a development engine for supply chain automation, Körber Supply Chain intends to increase investments in India through its Indian subsidiary Godrej Körber in FY23.
"Godrej Körber is a system integrator and provides a broad array of automation solutions including stacker cranes and shuttle based AS/RS solutions that let you fully control the storage of all palletized commodities without the need for manual handling, conveyors and rail-guided vehicle systems that 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 for delivering best performance." says Suunil Dabral, Senior Vice President & Business Head, Godrej Körber. "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, Körber Supply Chain (Asia), says: "Körber intends to outpace both local and global projections for intra-logistics 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 the warehouse performances at lowest cost of ownership and enabling waste reduction and damages in the warehouses. We are optimistic that Godrej Körber would effectively translate our business ambitions into our customers' success."
Godrej Körber is focussing on bulk handling in the automation industry for leading private players as well as public-private partnership projects with a market size worth Rs 4,000 crore ($500 million).