Logistics automation player NIDO Group India targets to achieve revenues of Rs 700 crore in the next four years by March 2027. Also, the company is planning to expand its reach in smaller market towns.
By expanding its presence in markets such as Amritsar, Bhopal, Bhubaneshwar, Agra, Dibrugarh, and Tiruchi, among others, the company seeks to achieve its goal. The Group’s large portion of revenues comes from tier-1 markets, and now it is witnessing some strong demand from warehouses based in smaller towns of the country.
Recently, the company launched the ASTRO ecosystem for warehouse automation across diverse industries, including direct-to-consumer (DTC), third-party logistics, e-commerce and the last-mile delivery industries.
NIDO Group, a manufacturer, system integrator, and solutions provider, operates in three verticals- machinery, automation, and robotics, and these technologies enhance decision-making and operational efficiency.