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Growth | The Way Forward
Industrial cranes are the backbone of manufacturing, infrastructure and construction in the country. In light of economy revival and Make-in-India drive in the country, the market for this equipment is expected to grow many fold in the coming decade.
Annual demand for industrial cranes should touch 12,000 by 2015
Growth in various sectors such as power, infrastructure, construction and heavy engineering will drive the growth of the Indian cranes industry, says Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems.