NIDO Group, one of the fastest growing intralogistics automation players of India, is aiming to reach revenues to the tune of INR 700 crores by March 2027. Speaking about the growth plans, Nirav Doshi – MD of 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 company has recently disrupted the warehouse automation industry by launching its revolutionary ASTRO ecosystem. Speaking about ASTRO, Nirav said, “The ASTRO Ecosystem is a game-changer for businesses of all sizes, including SMEs and MSMEs. It will redefine warehouse automation across diverse industries, including direct-to-consumer, third-party logistics, e-commerce and the last-mile delivery industries. We have also filed a patent for this innovative homegrown technology.”
The warehousing industry continues to evolve through a profound transformation, largely driven by key technological advancements for which automation and robotics have been pivotal. Speaking on the emergence of technology in the sector, Nirav added, “The integration of automated guided vehicles (AGVs), autonomous mobile robots (AMRs), and robotic pickers has enhanced efficiency, reduced labour costs, and enabled 24/7 operations, significantly boosting productivity. Warehouse Management Systems (WMS) have revolutionized warehouse management. These systems offer real-time visibility into inventory, order status, and performance metrics. They optimize order fulfillment, minimize errors, and enable more accurate demand forecasting. The Internet of Things (IoT) is another game-changer. IoT sensors and devices monitor goods’ condition and location, aiding inventory management, preventive maintenance, and safety improvements. Artificial Intelligence (AI) and machine learning are crucial through predictive analytics, route optimization, and inventory management. These technologies enhance decision-making and operational efficiency.”
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.”
