Godrej Enterprises' ₹1,500 cr storage arm leans on domestic demand as Middle East exports wobble
The storage solutions business targets 13% growth in FY27, riding e-commerce and PLI-led manufacturing demand. A ₹400 crore Chennai facility is planned over 3-5 years, with export share set to slip from 25% to 15-18% as domestic orders fill the gap. Holds one-third of India's ₹4,000 crore warehousing market.
What happened
Godrej Enterprises Group · Godrej Enterprises' storage solutions arm targets 13% growth in FY27, leveraging e-commerce and PLI-driven manufacturing demand to
Key facts
- ₹1,500 crore FY26 topline
- 13% growth expected
- 25% export share FY26
- 15-18% projected export share
- 41 countries
- 1,00,000 tonnes Chennai capacity
- 20,000 tonnes Bengaluru capacity
- 30-35% business from e-commerce
- ₹400 crore new Chennai facility
- ₹4,000 crore market
- one-third market share
Why this matters
With one-third domestic share and a ₹400 cr Chennai expansion underway, Godrej is consolidating its lead—watch for bolt-on targets in regional racking or automation players as Middle East-exposed competitors weaken.