# Godrej & Boyce plans Rs 400 crore second manufacturing unit in Chennai

Godrej and Boyce is planning to set up a second manufacturing facility near Chennai, investing Rs 350-400 crore, to augment production capacity for pallets and shelves.

- Type: Expansion
- Announced: 2024-07-18
- Where: Chennai outskirts, Tamil Nadu, India
- Value: $4.80M (400.0M INR)
- Starts operating: 2024
- Status: announced
- Capacity: 15,000 forklifts annually
- Products: pallets, shelves
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Godrej & Boyce](https://endata.com/companies/3758.md)

## Sources

- [navjeevanexpress.com](https://navjeevanexpress.com/godrej-and-boyce-unveils-rs-400-cr-capex-to-set-up-second-unit-in-chennai/), 2024-07-18: "The expansion of the company, which is into manufacturing of pallets and shelves, is being planned to augment production capacity in view of growth in the sector for the next two decades."
- [business-standard.com](https://www.business-standard.com/companies/news/godrej-boyce-targets-mkt-share-boost-with-battery-powered-forklift-truck-124082201033_1.html), 2024-08-22: "The company is increasing its capacity from the current 4,000 units annually to 15,000 forklifts annually, with operations expected to commence by the end of 2024."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.