According to a report published by Precedence Research, the global industrial automation market is expanding to surpass net value of $459.51 billion by 2032 and is poised to grow at a CAGR of 9 percent during the forecast period 2023 to 2032. When it comes to a developing country like India, growing industrialization is giving rise to large scale demand for automation solutions. Moreover, the recent e-commerce boom in the country has resulted in bigger warehouses and hence the demand for warehouse management solutions. Currently, there is no other choice available to customers other than automation for warehouse management requirements. However, in order to provide specialized automation solutions, a provider is required to not only keep up with the advanced technology requirements, but also keep room for improvement and provide tailored solutions. This is exactly what Nido Group aimed for while starting off with operations in 2010. The company provides an extended range of warehouse management automation solutions keeping in mind the specific needs for customers from different industries.
During the covid period, India had an e-commerce boom which enabled Nido Group in spreading their business all across the country. “We were able to acquire many clients during the covid period and provide warehouse automation solutions which helped us a lot in gaining traction in the market”, mentions Nirav Doshi, Director, Nido Group.
The company operations are differentiated into three verticals. First is Nido Machineries which is dedicated to mechanization of intralogistics within a warehouse. Various modern solutions that enable the movement of goods in a warehouse are provided by the company in this regard. The second vertical is Nido Automation which looks after the technology requirements to automate the movement of goods within a warehouse. A specialized technology team is at work in this case and all the coding requirements for the execution of any project are fulfilled in-house. The third vertical of the company is Nido Bots that concentrates on using robotics to minimize the labour requirements inside a warehouse. “Our solutions comprise of smart conveyers and intelligent sortation systems that help in smarter traffic management within a warehouse”, mentions Nirav. Nido Group is very well equipped with the technology prowess and experiential requirements for seamless execution of projects. It has an in-house team to cater to every operational need of the client. The company provides a testing service to all the clients, wherein a demo setup is initiated by Nido and a client can walk into the facility and observe the solutions in action. “We have dedicated teams for each and every operation and that gives us the competitive edge to be able to have firm control on the quality of solutions. This also allows us to accommodate any enhancements in features that may be needed to align with evolving industry standards”, he adds.
Since its inception in 2010, Nido Group has been able to spread its business all across India creating a healthy client portfolio. Currently, it is working with e-commerce, express and 3PL companies and providing advanced warehouse automation services. The company has its corporate office in Mumbai, factory and experiential centre setup in Nashik and distribution centre in Bhiwandi. “In the last three years, we have achieved 3x growth in company size and are planning to achieve 7x growth by 2028 along with a net revenue of Rs.700 Cr”, concludes Nirav.