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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.

New Growth Avenues

Warehousing segment in India is evolving fast and is moving towards palletised loads which can be stored at heights.

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

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.