Godrej Enterprises Group Powers India’s EV Growth

MUMBAI:
As India’s electric vehicle (EV) sector continues its sharp upward trajectory, the tooling business of Godrej Enterprises Group is playing a pivotal role in strengthening the industry’s supply chain through advanced tooling solutions.

With the automotive industry rapidly shifting gears towards adoption of electric vehicles in India, it has necessitated the development of new engines, battery boxes and high precision sheet metal parts. In line with this, the business has enhanced its capabilities to serve the unique demands of EV manufacturing, focusing on high-precision dies and tooling solutions for critical EV components by increasing. Anticipating the surge in EV demand, the company had strategically invested 2–3% of its revenue in research & development and advanced machinery to foster future-ready innovation, meet evolving industry requirements, and enhance production efficiency.

With May 2025 registering a 28% year-on-year surge in EV sales and a record 1.96 million units sold in FY2025, the demand for locally manufactured, high-precision EV components has never been higher. The business has significantly ramped up its focus on high-precision dies and tooling systems tailored for the EV ecosystem. This focused approach is enabling India’s Tier 1 and Tier 2 automotive suppliers to meet evolving EV requirements while aligning with the government’s thrust on ‘Make in India’ and import substitution. Over the past three years 10-15% of the business’s revenues are from EV-related tooling orders, reflecting the sector’s growing reliance on precision engineering and localized manufacturing.

Pankaj Abhyankar, Business Head, Tooling business of Godrej Enterprises Group, said, “As EV manufacturers scale up production to meet growing consumer demand, they require tooling partners who understand both the technical complexities and the commercial imperatives of this rapidly evolving sector. India’s EV transition is not just about vehicles, it’s about building a resilient, self-reliant, and globally competitive ecosystem. At Godrej Enterprises Group, we are proud to be enabling this transformation through our precision engineering solutions. These world-class tooling systems help reduce dependence on imports while improving lead times, cost efficiency, and product reliability.”

Godrej Enterprises Group is also exploring the localization of select tools currently produced overseas. By manufacturing these tools at domestic facilities, the business aims to boost exports while creating secondary markets for these localized solutions. This dual strategy of global servicing and local manufacturing underscores the company’s commitment to making India a hub for world-class tooling exports.