Godrej Körber targets revenue contribution of 20% from the cold chain sector by FY25
Godrej Körber, a joint venture company between Godrej & Boyce and Körber Supply Chain, a German company, is driving warehouse automation transformation for the Indian cold Chain sector through differentiated automation solutions. Godrej Körber is steering for 20% contribution in revenue from India’s cold chain sector by introducing highly advanced high density automated storage and retrieval system (AS/RS) in FY23.
Cold storage sector encounters challenges that other dry warehouses do not face. The higher cost of operations in the cold storages make it critically important that the space must be utilized in the best optimal manner. In India, the dairy or cold chain industry has not evolved in terms of intralogistics automation as companies ignore the benefits of modern cold storage design which also includes a high density storage system apart from advanced refrigeration technology.
Aside from needing to pay the labour working in cold storage more than in a dry environment, there are also major concerns such as attrition and difficulty recruiting individuals to work in freezing warehouses. Automation technologies such as AS/RS systems, conveyors, and layer picker solutions can guarantee faster delivery, allowing for less footprint and maximised space utilisation in the facilities.
Godrej Körber is expecting 18% – 20% growth in the next 5 years as it has witnessed a major shift happening towards the adoption of automation in the supply chain after the pandemic and expects this trend to continue. Godrej Körber is focussing on bulk handling in the automation industry, for leading private players as well as public-private partnership projects.
Image credit- Körber