Godrej Invests in R&D to Boost EV Component Supply

Godrej Enterprises Group tooling division has established itself as a key supplier to India’s electric vehicle (EV) manufacturing sector. Over the past three years, EV-related orders have accounted for 10–15% of the division’s total revenue.

The company announced that its tooling business is now equipped to produce precision dies and tooling solutions for critical EV components, including battery boxes and sheet metal parts. To meet evolving industry demands, Godrej has invested 2–3% of its revenues into research and development and advanced machinery.

India electric vehicle market recorded 1.96 million units sold in FY 2025, with a 28% year-on-year sales increase in May alone. This surge has created a growing demand for locally manufactured precision tooling, as automotive suppliers shift their focus toward EV-compatible components.

According to Pankaj Abhyankar, Business Head of the tooling division, Godrej aims to reduce import dependency while improving production timelines and cost-efficiency. The division is actively supporting Tier 1 and Tier 2 automotive suppliers as they transition to EV component production.

Godrej is also exploring domestic manufacturing of select tools that are currently imported, alongside plans to expand into export markets. This strategy aligns with the Indian government’s Make in India initiative and supports import substitution efforts within the automotive industry.

Founded in 1897, Godrej Enterprises Group operates across aerospace, energy, security solutions, and consumer durables. With a manufacturing footprint spanning five continents, the conglomerate serves both consumer and industrial markets globally.

Godrej foray into EV tooling reflects a larger industry trend where automakers are restructuring production frameworks to meet the demands of EV assembly and localized supply chains.