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Indian MHE market rapidly shifting to tier II and III cities
Manojit Acharya, Director – South Asia and Thailand Region, and Managing Director India, Jungheinrich AG, speaks on the current state of the MHE market in India, and the key trends and developments shaping the market landscape.
India’s MHE market to hit 9.8% CAGR by 2027
Tacklers Engineering is a leading manufacturer of material handling equipment in the India. In this interview Nirag A Choksi and Aman A Choksi, Directors, Tacklers Engineering (formerly known as Techno Industries) shares about its manufacturing facilities in India.
Transforming Logistics
The India material handling equipment market is poised for significant growth, with expectations to reach substantial market size by 2027.
We aim to bring Indian MHE up to global standards at half cost
The material handling equipment market in India has shown substantial growth. Manpreet Sachdev, Founder & CEO, Elite Material Handling Company, highlights new trends like AGVs, drones, etc. in the material handling space.
Unmanned manufacturing operations are now a reality
Avcon Systems has extensive product offerings to solve challenges in the material handling equipment (MHE) space. Aniket Sawarkar, CEO, Avcon Systems, shares insights on the evolving material handling processes in India.
There’s high demand for rental equipment across CEQ categories
Vishal Sharma, Business Partner, Reach International, speaks on the scenario of the rental market in the construction equipment segment.
Our solutions increase efficiency reduce carbon footprint
Manojit Acharya, Managing Director, Jungheinrich India, speaks on the company’s approach towards environmental sustainability.
Automation at the Forefront
Companies use automated material handling equipment because it increases productivity and reduces waste, which results in significant cost savings.
The market for hoists has increased by 25 to 30% this year
PV Ramdev, Managing Director, Everest Engineering Equipment, speaks on the segments that are driving the demand for MHEs in India.
There is a surge in rental demand for AWP and MHE
Vishal Sharma, Business Partner, Reach International, speaks on the scenario of the rental market in the construction equipment segment
MHE in India: What drives the sector
There is high growth potential in material handling industry in India considering the pipeline of opportunities in construction and infrastructures sectors.
The recent MHE market demand is on the uptrend”
Pre-Covid Indian MHE market has shown double digit CAGR since 2014. In-spite of Covid-19 pandemic and business being at standstill for almost four months in 2020, we saw a fast-paced recovery since August 2020, and witnessed the highest ever MHE market in March 2021 and in Q1 2021 which was fuelled by growth in economic activities.
Video Roundtable: Emerging trends in warehousing & importance of MHE
Industrial Products Finder (IPF) and ÿճԹ (EI), along with Kelley Material Handling ÿճԹ as the Associate Partner, hosted a video roundtable – titled “Emerging trends in warehousing and importance of MHE”.
Service sourcing strategies will lead transformation of Indian logistics ecosystem
In the current scenario of Covid-19 impact on the market, KION India is ready with the offering to manage labour shortage and no-contact material handling. Sunil K Gupta, President, KION India, shares more on the market trends and the company’s plans.
ACE ties up with Doosan for premium MHE
Action Construction Equipment (ACE) has joined hands with Doosan Corporation, a Korean multinational conglomerate, to represent their ‘Industrial Vehicle’- MHE Segment in India
Our products are designed with no-contact features
In the current scenario of Covid-19 impact on the market, KION India is ready with the offering to manage labour shortage and no-contact material handling. Sunil K Gupta, President, KION India, shares more on the market trends and the company’s plans.
We have a huge focus on Indian market
With three full-fledged warehouses in Bhiwandi, Bengaluru and Gurgaon, Jungheinrich is expanding its reach across the regions in the country. Manojit Acharya, Managing Director, Jungheinrich Lift Truck India, shares more on the market scenario and the company’s plans for the Indian market.
Nip can change the narrative
The COVID-19 has caused a staggering unemployment of 115.
An Uphill Task
Lack of availability of certified skilled equipment operators is a major issue faced by construction contractor in India.
Over 500 operators have received training in five years
Godrej has ambitious plans to expand its footprint in the training space by opening more training centres across India.
BYD India enters MHE business
BYD India, a subsidiary of the China-based EV maker BYD Group, has entered into material handling equipment (MHE) business in India. Currently, BYD is the only company to provide MHE products with lithium-iron phosphate battery in the country.
MHE holds enormous growth potential
Despite the relative slowdown in demand in the current fiscal, the market for material handling equipment (MHE) will continue to expand in double digits over the next few years.
Cautiously Optimistic
The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.
Setting New Benchmark
Growth in warehousing and logistics sector is picking up with the introduction of GST and infrastructure status to logistics. In this scenario, the warehousing and material handling equipment players are gearing up to meet the emerging demand for advanced equipment.
A win-win for MHE workforce
Capturing the customer's and stakeholder's mindshare is not only about selling the product, but also about adding value as a whole. Skilling people and inclusive growth are turning out to be key in connecting with customers and creating that mindshare.
End-to-end supply-chain solution
Gati helped an automotive customer to design a Unique Storage Solutions along with redesigning its material flow for a distribution warehouse which handles a variety of pallet types, SKUs and operation.
New Growth Avenues
Warehousing segment in India is evolving fast and is moving towards palletised loads which can be stored at heights.
Customers prefer fast charging batteries
Eternity Industrial Batteries (India) offers the complete range of batteries for material handling equipment applications. Aman Chadha, Managing Director, shares more on the company and the industry scenario.
Optimum space utilisation
Heavy-duty motorised racking solution offered by Kompress (India) helped its client from pharmaceutical business to use maximum space to store a large number of pallets in controlled atmosphere.
ÿճԹ Awards & CEO Forum 2018
After the bitterly cold days and nights of the famed Delhi winter, spring is said to augur good tidings. Or so it is believed. Maybe, it was in continuation of this tradition that the city successfully held yet another edition of the ÿճԹ Awards.
Warehousing Equipment Aiming New Heights
Driven by the growth of various industry segments such as FMCG, pharmaceuticals, food and beverages and e-tailing, logistics distribution hubs and clusters are mushrooming in all major parts of the country.
We are investing to further improve our product aesthetics
The KION Group recently made news when its Indian forklift truck brand, Voltas, announced joining forces with the long-established Italian brand OM in India. In this context, Sunil Gupta, CEO and Managing Director, KION India, elaborates on the company's strategies and the way ahead.
ÿճԹ awards & ceo forum 2017
It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.
ÿճԹ Awards 2017 and CEO Forum
The evening of April 21, 2017, was a proud occasion for ÿճԹ as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual ÿճԹ Awards and be part of the high-level discussion at the CEO Forum.
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.
Hydraulic Motors & Valves
Motors and control valves are essential components of any hydraulically operated machine as they are instrumental in creating the required motion. To explain it simply through an analogy with the human body, motors can be compared to our limbs and control valves to our brain.
The current Union Budget will spur rural demand and infrastructure growth
The warehouse market in India is growing faster than the GDP. It will continue to grow at a CAGR of 12-13 per cent in the coming years and is largely dominated by unorganised sector (90 per cent).
Palletisation can bring in higher throughput and desired efficiency
The estimated market size of the total Indian logistics market is to the tune of $200 billion and it generates employment for close to 50 million people in our country.
We expect a CAGR of 10 per cent during 2016-2020 in material handling sector
With the Prime Minister?s ambitious plan of ?Make In India? taking root, we expect to see good growth in manufacturing and consequently in logistics and distribution activities for the next few years,? says Cavas Dumasia, Vice President - Sales & Marketing, Godrej Material Handling Division.
Going Green in MHE
Indian warehousing and logistics sector is booming. JLL India reports that the warehousing and logistics sector in the country received a whopping investment of Rs 1,438 crore through two major deals in 2015.
We are currently focusing on promoting our range of LFP batteries
The anticipated All India power supply position as reported by CEA in its Load Generation Balancing Report 2015-16, indicates that the country is expected to experience a peak shortage of 2.6 per cent and energy shortage of 2.1 per cent, despite very high shortages likely to be experienced by Southern India
MHE Batteries
Driven by the advent of global logistics players also entering the Indian arena, electrically operated material handling equipment market is expected to grow exponentially, in light of their major thrusts and initiatives to develop warehousing hubs, all over the country.
Material Handling: Meteoric Rise
Modern warehousing and inter modal logistics industry initiatives in India, have redefined how business is conducted in the country in most industry sectors as well as its geographic regions.
Post Budget Vibrations India: Sustained Growth
According to Macquarie, the growth momentum in the construction equipment (CE) segment has sustained in India, despite withdrawal of discounts and price increases. Also, purchases were being done primarily by first-time buyers.
Uplifting Future
Advanced material handling and warehousing equipment have a vital role that can help speed up the efficiency of logistics industry. More focus on palletisation and the opening up of retail segment
Lifting Solutions
The future trend in material handling systems will be towards lighter, higher-efficiency equipment. The power consumption, material of construction, operating noise levels and eco-friendly features of this equipment will play a big role while introducing
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.
Manufacturing industry boom to propel MHE market
Coming year, we are going to launch a couple of products in electric segment including a premium electric forklift, and a more efficient version of our stacker and battery-operated pallet truck. We are also planning to launch a new model of IC forklift, says MRV Johnson, Chief Marketing Officer, KION India.
Emerging Trends
Introduction of GST, more focus on palletisation, and expected opening up of retail segment are expected to boost the demand for forklifts.