Godrej & Boyce Launches Lithium-Ion Battery-Powered Forklift Truck

Key Highlights:

• Godrej & Boyce launched lithium-ion forklifts with an indigenously developed Battery Management System (BMS).
• The battery system was developed with Log9 Materials and has 30% localised production.
• The company aims for 100% localisation of battery cells by next year.
• It’s the first self-reliant Li-Ion battery system by an Indian manufacturer.
• The technology benefits industries like automotive, FMCG, and e-commerce.

Godrej & Boyce introduced lithium-ion battery-powered forklifts with an indigenously developed Battery Management System (BMS). The new battery systems is developed in collaboration with Log9 Materials.

Battery Management System combines lithium-ion cells with 30% localized production with a patented Battery Management System (BMS) wholly designed and manufactured in India.

The company has set a target of 100% cell localization by next year. The solution meets a major demand in the Indian material handling industry by offering a self-sufficient and secure Li-Ion battery system. The company claims it is the first of its sort from an Indian manufacturer.

The company intends to apply this technique to other material handling devices. Automobile, fast-moving consumer goods, consumer durables, retail, including e-commerce, medicines, and other significant manufacturing industries stand to benefit.

Anil Verma, Executive Director & Chief Executive Officer of Godrej & Boyce Manufacturing Co. Ltd., a member of the Godrej Enterprises Group, stated, "India's logistics sector is at a critical juncture, experiencing robust growth driven by infrastructure advancements across sectors, fueled by rising consumer demand. "

This dedication to nation-building and innovation will shape India's logistics future, ensuring a more resilient and adaptable business.

Also Read: Daimler India Launches New BharatBenz Heavy-Duty Rigid Trucks

CMV360 Says

Godrej & Boyce's effort to localize lithium-ion battery technology is a big step in boosting India's material handling sector. This innovation not only meets industry needs but also supports the goal of becoming more self-reliant in important technologies. As the company brings this technology to other areas, it could help make India's logistics and manufacturing industries more efficient and secure.