The electric vehicle (EV) market in India is growing fast, and domestic production is rising to meet the increasing demand. The tooling division of Godrej Enterprises Group has become the key facilitator of this transformation with an increasing share of EV-related orders leading to 1015 percent of its revenues in the three-year past.
To align with this demand, the Mumbai-based conglomerate has expanded its tooling capabilities to produce precision dies and components for EVs, including battery boxes and sheet metal parts. Backed by 2–3% annual revenue investments in R&D and advanced machinery, the division is helping to strengthen India’s precision tooling ecosystem.
India’s EV sector logged 1.96 million units sold in FY25, with a 28% year-on-year growth in May 2025 alone. This surge has intensified the need for localized, high-precision automotive components. Pankaj Abhyankar, Business Head of the tooling division, said, “We aim to reduce import dependence while improving production timelines and cost efficiency for manufacturers.”
The company currently caters to Tier 1 and Tier 2 auto suppliers transitioning to EV component production. A few tools that were previously imported are also being investigated for domestic production with an eye toward future exports. These initiatives are directly related to the automobile industry's import substitution goals and India's "Make in India" policy.
Godrej is collaborating with a broad industry trend by retooling India's automotive distribution network for a cleaner future through localized innovation and strategic capabilities creation.
We use cookies to ensure you get the best experience on our website. Read more...
