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Godrej & Boyce contributes towards indigenisation of defence sector in India

Chandigarh, (Gurpreet) : Godrej & Boyce ('G&B'), the flagship company of the Godrej Group, is strengthening India's defence sector with its indigenous manufacturing prowess. On strength of distinguished customer confidence, a healthy order book and excellence in execution, the business has experienced excellent growth in the recent past and expects to continue a double digit growth from its defence businesses. The company serves the defence sector through several of its businesses viz Godrej Material Handling, Godrej Tooling, Godrej Security Solutions, Godrej Aerospace, and Godrej Precision Engineering, the latter three of which were also present at the DefExpo 2022 in Gandhinagar to showcase their defence capabilities.

Aligned with the government's goal of producing defence products worth Rs 1.75 lakh crore by 2025 including exports of INR 35,000 Crs, the flagship company of the Godrej group has been making significant investments in capacity expansion, technology partnerships and R&D. Godrej & Boyce is working on setting up a green field facility of over 100,000 sq. mts for the businesses at Khalapur in Maharashtra.