MUMBAI, India, April 3, 2025 -- The Tooling Business of the Godrej Enterprises Group has been honoured at the prestigious Honda Supplier Convention 2025, marking its fourth consecutive year of recognition for excellence in manufacturing, supply chain management, and technological innovation.
The annual convention acknowledges suppliers who have demonstrated outstanding performance in quality, cost efficiency, delivery, and technological advancements. This continued recognition underscores Godrej Enterprises Group's commitment to world-class manufacturing practices, precision engineering, and operational excellence, aligning with global industry benchmarks.
Pankaj Abhyankar, Executive Vice President and Business Head – Tooling business of Godrej Enterprises Group, said, "At Godrej Enterprises Group, we take immense pride in our role as a trusted manufacturing partner for leading global OEMs. This recognition from Honda reaffirms our focus on innovation, quality, and sustainability in tooling and precision engineering. As India's manufacturing sector grows, we remain dedicated to enhancing our capabilities, strengthening supply chain efficiencies, and expanding our contribution to high-value exports. India's tooling industry remains on a steady growth path, with market projections indicating a 7-8% CAGR by 2028. Die imports are currently four times higher than exports, highlighting a significant opportunity for us to reduce import dependency, and strengthen India's global footprint in precision tooling."
In FY25, India's manufacturing sector has continued its growth trajectory, with output expanding by 5.5% in January 2025, up from 3.6% in the same period last year, according to data from the National Statistical Office (NSO). This momentum, driven by priority sectors and favourable megatrends, is enabling Indian manufacturers to expand into new geographies and high-value segments. As a key player in India's precision tooling landscape, Godrej Enterprises Group is committed to driving sustainable growth by integrating smart manufacturing solutions, fostering industry collaboration, and reinforcing India's position as a high-quality manufacturing hub.
About Godrej Enterprises Group:
Since 1897, Godrej Enterprises Group (which includes Godrej & Boyce and its affiliates) has contributed significantly to India's economic growth and self-reliance by providing complex engineering, design led innovation, and sustainable manufacturing solutions. From the world's first patented springless lock, and safes to pioneering Indian made typewriters and refrigerators, the conglomerate has also paved the way for the growth of key sectors like aerospace, energy, and security.
Today, Godrej Enterprises Group, has presence across 5 continents with a market-leading presence across diverse consumer and industrial businesses spanning Aerospace, Aviation, Defence, Energy, Locks & Security Solutions, Green Building Consulting, Construction and EPC Services, Intralogistics, Tooling, Healthcare Equipment, Consumer Durables, Engines and Motors, Furniture, Architectural Fittings, IT Solutions and Vending Machines. To learn more visit: www.godrejenterprises.com
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