Godrej Enterprises Plans to Double Process Equipment Business in 5 Years – EQ
In Short : Godrej Enterprises plans to double its process equipment business within five years, driven by rising demand in energy, chemicals, and industrial sectors. The company aims to expand manufacturing capacity, enhance technological capabilities, and explore global markets. This growth aligns with India’s industrial expansion and clean energy transition, strengthening Godrej’s position in the engineering sector.
In Detail : Godrej Enterprises aims to double the turnover of its Process Equipment (PE) division within the next four to five years, driven by the global shift toward green energy, according to company officials. The company, which operates in sectors such as oil, gas, and chemicals, is investing Rs 200 crore in the second phase of its Dahej plant expansion.
This investment will increase the plant’s annual manufacturing capacity from 23,000 MT to around 30,000 MT. At the same time, Godrej’s PE division is reducing operations at its Vikhroli plant in Mumbai due to logistical challenges, limiting it to domestic market activities.
The company’s Executive Vice President and Business Head, Hussain Shariyarr, noted that exports would primarily come from the Dahej facility, which follows a previous Rs 300 crore investment for its first phase. The PE division, which manufactures reactors, pressure vessels, columns, heat exchangers, and other equipment, currently generates a turnover of approximately Rs 1,000 crore, with exports accounting for over 70% of that amount.
Shariyarr stated, “We have a topline of Rs 1,000 crore and expect a CAGR growth of 15 to 20 percent. Our goal is to double this in the next 4 to 5 years.” The division is capitalizing on the growing demand from green energy projects, including green hydrogen production and nuclear power facilities. Shariyarr added that most of the growth would come from clean energy, and Godrej plans to be involved in the entire supply chain.
In India, Godrej’s PE business competes with companies such as L&T Heavy Engineering and other international players from Europe, South Korea, and China. The Vikhroli plant will remain focused on the domestic market, while Dahej will handle all export orders.
The company is encouraged by initiatives like the National Green Hydrogen Mission, which includes Rs 37,000 crore in funding for related projects. Additionally, the government’s Union Budget for 2025-26 introduced a Nuclear Energy Mission, which includes Rs 20,000 crore to support the development of Small Modular Reactors (SMRs). Shariyarr expressed confidence in Godrej’s positioning in the nuclear power sector, noting the company’s reputation as one of the few trusted fabricators for nuclear steam generators.
The Dahej facility expansion will feature an extended fabrication yard capable of manufacturing large and complex process equipment, including items up to 16 meters in diameter and 140 meters in length. The plant will also leverage more than 80% automation and incorporate Industry 4.0 technologies, including IoT- ion of over-dimensional equipment for international markets. based machining processes and predictive maintenance systems, to enhance precision and efficiency. Additionally, the facility includes a sea-going jetty that allows for the direct loading and transportation.
Since its inception in 1897, Godrej Enterprises Group—including Godrej & Boyce and its affiliates—has played a crucial role in India’s industrial development through engineering excellence, innovation, and sustainable manufacturing. From pioneering the world’s first patented springless lock to introducing India-made typewriters and refrigerators, the company has significantly contributed to key industries such as aerospace, energy, and security.
