Material Handling Equipment
Being the third largest lubricant market in the world and the fastest growing market in the world, Indian lubricant market has made rapid strides in the market by introducing new products and solutions for the customers.
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.
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.
ATG has wide range of radial OTR tyres for loaders, graders, dumpers etc and we see a very good response from the market. Harinder Singh, President - APAC, Alliance Tire Group (ATG), elaborates on the market scenario and company's plans.
Bulk material handling systems are mainly used in coal and mineral processing applications, ports for handling bulk cargo, food processing, sand, gravel, etc. Conveyor systems are the majorly used bulk material handling equipment.
Marking 20 years of lifting innovation this year, Combilift unveiled its all-new manufacturing facility in Monaghan, Ireland to produce its complete range of material handling equipment.
Overall, we see growth coming from earthmoving, road, and material handling equipment categories. More than 60 per cent of the equipment comprises earthmoving equipment (backhoe loaders, hydraulic excavators, wheel loader, etc).
Construction equipment use all types of transmission systems. These will include transmissions for traction of the construction equipment like wheel and track drives, in addition to transmissions that are used for operations like slewing, hoisting and other such critical functions.