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Indian MHE market rapidly shifting to tier II and III cities

Manojit Acharya, Director 鈥� 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鈥檚 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.

Automation at the Forefront

Companies use automated material handling equipment because it increases productivity and reduces waste, which results in significant cost savings.

The recent MHE market demand is on the uptrend鈥�

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.

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鈥檚 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 鈥業ndustrial Vehicle鈥�- 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鈥檚 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鈥檚 plans for the Indian market.

Nip can change the narrative

The COVID-19 has caused a staggering unemployment of 115.

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.

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.

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.

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.

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).

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.

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