Godrej & Boyce on Monday mentioned it’s investing an extra Rs 300 crore at its facility in Gujarat’s Dahej to double revenues from the method tools arm by FY25.
Godrej Course of Gear (GPE) is investing to strengthen presence within the hydrogen and energy sectors for supply of specialized and huge tools for which Rs 300 crore funding is being made, in line with an official assertion.
The enlargement will enhance the manufacturing space by roughly 25,000 sq. metres, it mentioned, including that at current it serves consumer wants within the oil and gasoline, chemical substances and fertilizers, and energy sectors.
The ability, commissioned in 2016, homes items to fabricate and ship over-dimensional consignments for international initiatives, it mentioned.
The enlargement will contain a devoted bay for nuclear tools and one other bay devoted for heavy tools manufacturing, the assertion mentioned, including a ‘clear room’ can even be created for manufacturing tools utilizing unique metals like titanium.
“We’ve launched into our journey to make this facility a sensible manufacturing facility and improve the productiveness and high quality of merchandise delivered to complement buyer delight,” mentioned Hussain Shariyarr, enterprise head for GPE.