Rays Power Infra announced closure of INR 127 Crore Equity Capital Fund Raise - Rentomojo Limited Announced it's Initial Public Offer (IPO) to open on Wednesday, September 09, 2026 Price Band has been fixed at ₹ 384 to ₹ 404 per Equity Share - Manipal Payment and Identity Solutions Limited Announced its Initial Public Offering (IPO) to Open on Wednesday, September 9, 2026 Price Band fixed at ₹322 to ₹339 per equity share of face value of ₹10 each - LCC Projects fixes IPO price band at Rs 139-146 per share; issue opens on Sep 9 - KARAMTARA ENGINEERING LIMITED ANNOUNCED ITS INITIAL PUBLIC OFFERING (IPO) OF EQUITY SHARES TO OPEN ON WEDNESDAY 09 SEPTEMBER 2026 Price Band fixed at ₹241 to ₹254 per equity share of face value of ₹10 each - LCC Projects Limited announces the price band for its IPO - Ola Electric's First Dealer Stores are Now Open across India - Prasol Chemicals Limited Announced its initial Public Offering (IPO) to Open on September 8 at Price Band of ₹643–₹676 - Asset Reconstruction Company (India) Limited Announced it's Initial Public Offering (IPO) to open on Wednesday, September 09, 2026 The Price Band of the Offer has been fixed from ₹ 132 per Equity Share of face value ₹ 10 each to ₹139per Equity Share of face value of ₹ 10 each - Veegaland Developers Limited’s IPO to Open on Thursday, September 10, 2026 Price Band fixed at ₹130 to ₹140 per equity share of face value of ₹10 each - Veegaland Developers Limited’s IPO to Open on Thursday, September 10, 2026 At the Price Band fixed at ₹130 to ₹140 per equity share of face value of ₹10 each

Godrej Enterprises Group’s Tooling Business showcases advanced engineering capabilities at TAGMA 2026 and targets sustained growth

Godrej Enterprises Group’s Tooling Business showcases advanced engineering capabilities at TAGMA 2026 and targets sustained growth

Mumbai, 21 April 2026 (GNI) : Godrej Enterprises Group’s (GEG) Tooling business is showcasing its advanced engineering capabilities at TAGMA 2026, being held from 21–24 April, while targeting 10–15% year‑on‑year growth over the next 2–3 years. The growth outlook is driven by strong demand from the automotive and electric vehicle (EV) sectors, supported by increasing localisation across automotive and EV value chains and rising requirements for complex, high‑precision tooling solutions.

Over the past three years, the Tooling business has demonstrated steady progress, with orders growing by nearly 25% in the current year. The accelerating shift towards electric mobility continues to be a key growth driver, with EV‑related projects now accounting for close to 20% of the overall order book. This reflects the growing need for advanced tooling capabilities to support new‑age vehicle platforms, lightweight materials, and evolving component architectures.

At TAGMA 2026, GEG’s Tooling business is showcasing its advanced tooling and precision engineering capabilities at Hall 2, H02, highlighting its integrated strengths across tooling, automation, and digital manufacturing. The showcase features IoT‑enabled tools for real‑time performance monitoring, additive manufacturing solutions such as 3D printing for complex tooling elements, and connected technologies that enable remote diagnostics and improved operational efficiency. These capabilities underscore the business’s focus on delivering scalable, high‑accuracy, and future‑ready solutions aligned with evolving customer and industry needs.

Commenting on this, Mr. Pankaj Abhyankar, Business Head – Tooling, Godrej Enterprises Group, said, “India’s manufacturing landscape has entered a transformative phase, driven by deeper localisation, increasing product complexity, and the rapid shift towards electric mobility. Having been closely associated with TAGMA since its inception, Godrej Enterprises Group has both witnessed and contributed to the evolution of India’s tooling ecosystem. Today, we are focused on combining advanced engineering expertise with tooling, automation, and digital manufacturing to deliver high‑precision, reliable, and future‑ready solutions. Our presence at TAGMA 2026 reflects our continued commitment to innovation, collaboration, and strengthening India’s position as a globally competitive manufacturing hub.”

Godrej Enterprises Group continues to strengthen its role within India’s tooling ecosystem through sustained investments in engineering capability, technology adoption, and localisation. With a repository of over 10,000 commercially manufactured tools and decades of experience, the Tooling business is well positioned to address rising component complexity, shorter development cycles, and evolving industry requirements. The growing adoption of additive manufacturing is enabling the production of intricate tooling geometries, while collaborations with local MSMEs further reinforce domestic manufacturing capability and value‑chain resilience.ends GNI

Be the first to comment on "Godrej Enterprises Group’s Tooling Business showcases advanced engineering capabilities at TAGMA 2026 and targets sustained growth"

Leave a comment

Your email address will not be published.


*