NIDO Group is aiming to reach revenues to the tune of Rs.700 crores by March 2027. The company has recently disrupted the warehouse automation industry by launching its revolutionary ASTRO ecosystem.
Speaking about the growth plans, Nirav Doshi, MD, NIDO Group, said, “While the majority of NIDO Group’s revenues come from tier 1 markets, we are now witnessing some strong demand from warehouses based in smaller towns of the country. By expanding our reach to markets such as Amritsar, Bhopal, Bhubaneshwar, Agra, Dibrugarh, Tiruchi, etc, we are confident to cross our revenue targets of over 700 crores in the near future.”
The warehousing industry continues to evolve through a profound transformation, largely driven by key technological advancements for which automation and robotics have been pivotal.
The logistics industry will experience game-changing growth in Tier 2 and Tier 3 cities, and beyond due to E-commerce’s emergence and the Internet’s accessibility in rural markets. “Our focus is to target these hyper-local markets and give them access to a seamless warehouse management ecosystem to propel their business to the next level. NIDO Group largely operates in three verticals—machineries, automation, and robotics and has amassed a sizable customer base of 2,500+ customers across the country. We have evolved into a comprehensive Manufacturer, System Integrator, and Solutions Provider. Our unique blend of expertise, innovation and flexibility positions us as Ideators, Designers, Manufacturers, Integrators, Problem Solvers, Business Partners, and Material Movement Experts.”, said Nirav.
