Explosion protected cranes market
The coming two years looks good for explosion proof crane market considering that Government supports the needed requirement, says Tushar Mehendale, Managing Director, ElectroMech. Explosion protected crane are typically installed in refineries, offshore applications, petroleum and petrochemical and chemical industries. Since the current market expects huge investment from central and state government, there are major initiatives and a big need at the same time for expansion of existing HPCL, BPCL, IOCL Refineries, gas pipeline projects and new upcoming global market for LNG terminals. There has been a good foreign investment by major global chemical companies, especially in the state of Gujarat and also Indian chemical companies are expanding its existing capacities to take on the challenge from the foreign companies.