EV demand powers Godrej Tooling growth outlook at TAGMA 2026

Godrej Enterprises’ Tooling business targets 10-15% growth, backed by EV demand, localisation and rising need for precision engineering.

Godrej Enterprises Group is expanding its focus on precision engineering as manufacturers accelerate localisation and electric vehicle production in India.

Its Tooling business is aiming for 10-15% year-on-year growth over the next few years, driven by automotive and EV demand.

The company said EV-linked work now contributes close to 20% of the order pipeline, while total orders in the current year have increased by nearly 25%.

At TAGMA 2026, Godrej is presenting advanced engineering solutions including IoT-enabled tooling, additive manufacturing and digital production technologies.

With more than 10,000 commercially manufactured tools in its portfolio, the business said it is positioned to meet rising industry requirements.