NIDO Group Expands to 12 New Markets
ECONOMY & POLICY

NIDO Group Expands to 12 New Markets

NIDO Group, a leading manufacturer, system integrator, and solutions provider for intralogistics mechanization and automation, has announced its expansion into 12 new markets across India. The group's primary focus remains on delivering automation solutions tailored to the needs of Tier II and Tier III cities, reflecting a strategic move to address the burgeoning demand for efficient logistics solutions in emerging markets.

In the past six months alone, NIDO Group has successfully onboarded 30 new clients and integrated 40 new brands into its portfolio. The company's commitment to innovation and customer-centric solutions is evident as it prepares to deploy cutting-edge technologies, including sorting and fulfillment, profiling, and smart conveyor solutions.

The group will introduce its sorting and fulfillment solution named ASTRO to clients in key cities such as Kanpur, Agra, Tiruchi, Guwahati, Ludhiana, and Visakhapatnam. These clients represent diverse sectors including e-commerce, direct-to-consumer (D2C), ePharmacy, cosmetics, retail, manufacturing, and cross-border express industries.

Commenting on the expansion, Nirav Doshi, Managing Director at NIDO Group, highlighted the significant surge in demand for warehouse automation witnessed in 2023, particularly in India's emerging markets. "With the sale of over 5 million square feet of warehousing space in 2023, a clear business opportunity arose for warehouse automation across these markets," said Doshi, underlining the strategic importance of the company's expansion efforts.

Despite challenges within the broader industry landscape, NIDO Group has demonstrated resilience and innovation, resulting in a remarkable 10% increase in topline figures. Doshi emphasized the company's ambitious target of achieving Rs 7 billion in revenue by the financial year 2027-28, driven by a steadfast commitment to delivering value-added solutions to its expanding client base.

Looking ahead, the group aims to onboard an additional 100 clients and brands in the financial year 2024-25, further solidifying its position as a frontrunner in the intralogistics automation sector. With a focus on Tier II and Tier III cities, NIDO Group continues to spearhead innovation and transformation within India's logistics landscape, catering to the evolving needs of businesses across diverse industries.

NIDO Group, a leading manufacturer, system integrator, and solutions provider for intralogistics mechanization and automation, has announced its expansion into 12 new markets across India. The group's primary focus remains on delivering automation solutions tailored to the needs of Tier II and Tier III cities, reflecting a strategic move to address the burgeoning demand for efficient logistics solutions in emerging markets. In the past six months alone, NIDO Group has successfully onboarded 30 new clients and integrated 40 new brands into its portfolio. The company's commitment to innovation and customer-centric solutions is evident as it prepares to deploy cutting-edge technologies, including sorting and fulfillment, profiling, and smart conveyor solutions. The group will introduce its sorting and fulfillment solution named ASTRO to clients in key cities such as Kanpur, Agra, Tiruchi, Guwahati, Ludhiana, and Visakhapatnam. These clients represent diverse sectors including e-commerce, direct-to-consumer (D2C), ePharmacy, cosmetics, retail, manufacturing, and cross-border express industries. Commenting on the expansion, Nirav Doshi, Managing Director at NIDO Group, highlighted the significant surge in demand for warehouse automation witnessed in 2023, particularly in India's emerging markets. With the sale of over 5 million square feet of warehousing space in 2023, a clear business opportunity arose for warehouse automation across these markets, said Doshi, underlining the strategic importance of the company's expansion efforts. Despite challenges within the broader industry landscape, NIDO Group has demonstrated resilience and innovation, resulting in a remarkable 10% increase in topline figures. Doshi emphasized the company's ambitious target of achieving Rs 7 billion in revenue by the financial year 2027-28, driven by a steadfast commitment to delivering value-added solutions to its expanding client base. Looking ahead, the group aims to onboard an additional 100 clients and brands in the financial year 2024-25, further solidifying its position as a frontrunner in the intralogistics automation sector. With a focus on Tier II and Tier III cities, NIDO Group continues to spearhead innovation and transformation within India's logistics landscape, catering to the evolving needs of businesses across diverse industries.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement