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.
Godrej Enterprises' storage solutions arm targets 13% growth in FY27, leveraging e-commerce and PLI-driven manufacturing demand to offset Middle East export stress. Plans ₹400 crore Chennai facility in 3-5 years; holds one-third of India's ₹4,000 crore warehousing market.
Why this matters
Follows Godrej's ₹350 cr Khalapur forklift plant bet on quick-commerce warehousing, reinforcing a domestic-first storage and logistics push as Middle East export demand softens.
Retail-company signals steady at 2,686 over 90 days, with storage and warehousing capex a recurring thread.