Page 146 - CW E-Magazine (3-9-2024)

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MATERIAL HANDLING

Godrej & Boyce launches lithium-ion powered

forklift truck

Godrej & Boyce, part of the Godrej
Enterprises Group, has announced that its
material handling business has launched
lithium-ion battery powered forklifts
featuring indigenously developed Battery
Management System (BMS).
“The solution addresses a critical
need in the Indian material handling
sector by providing a self-reliant and
secure Li-ion battery system,” the com-
pany informed. Traditionally, the Indian
market has heavily relied on imported
batteries and BMS systems, primarily
sourced from China.

Mr. Anil Lingayat, Executive Vice
President & Business Head, Material
Handling Business of Godrej & Boyce journey that will revolutionise mate- 100% localisation for the cells by next
said, “This launch underscores our rial handling.” year.
commitment to ‘Make in India’ and
building self-reliant capabilities in Developed in partnership with Godrej & Boyce plans to extend
critical technologies for the material Log9 Materials, the new battery sys- this technology to other material
handling industry. By leveraging our tems integrate lithium-ion cells with handling equipment. Industries set to
engineering expertise, we have created 30% localised production with a pro- benefi t include automotive, FMCG,
a solution that enhances safety, and prietary Battery Management System consumer durable, retail including
optimises performance. We believe (BMS) fully designed and made in e-commerce, pharmaceuticals, and
this is the start of a transformative India. The business has set a target of other major manufacturing sectors.

Cabinet approves ‘BioE3’ policy to boost

biomanufacturing

The Union Cabinet, chaired by the and promote manufacturing of bio- sation; marine and space research,” a
Prime Minister Narendra Modi, has based products through integration of press statement from the Ministry of
approved the proposal ‘BioE3 (Bio- advanced biotechnological processes. Science and Technology (MoST) said.
technology for Economy, Environment
and Employment) Policy for Fostering “To address the national priorities, The salient features of BioE3 policy
High Performance Biomanufacturing’ the BioE3 policy would broadly focus include innovation-driven support
of the Department of Biotechnology. on the following strategic/thematic to R&D and entrepreneurship across
sectors: high value bio-based chemi- the thematic sectors. This will acce-
High performance biomanufactur- cals, biopolymers & enzymes; smart lerate technology development and
ing is the ability to produce pro- proteins & functional foods; preci- commercialisation by establishing
ducts from medicine to materials, sion biotherapeutics; climate resilient biomanufacturing & bio-AI hubs and
address farming and food challenges, agriculture; carbon capture & its utili- biofoundries.

146 Chemical Weekly September 3, 2024

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