Material Handling Equipment
Elecon Engineering, one of the India's largest material handling equipment and transmission products manufactures announced its unaudited results for the first quarter ended on 30 June 2011.
Strong customer demand, rise of out?sou?rcing, entry of high cost sophistic?ated equipment and expected chang?es in legal, regulatory and tax framework would be the key enabler of a rise of leasing market in India.
The Board of Directors of Elecon Engineering, one of the India's largest material handling equipments and transmission products manufactures announced its un-audited results for the first quarter ended on June 30th 2011.
?Trident offers a range of solid and pneumatic tyres for a wide range of material handling equipment such as forklifts, reach stackers, container handlers, rough terrain forklifts.
With strengthened critical components and superstructure, proven reliability of Japanese hydraulic components and Plexus filter system, our power-packed excavators perform excellently in the toughest conditions.
TIL, the Kolkata-based crane and other material handling systems maker, is planning to expand its mobile crane range and take its manufacturing capacity to 400 cranes a year, said SK Bhatnagar, Director & President, MHS.
Our 75tonne crawler model ACX750 is a highperformance, rough terrain and rugged machine, with bestinclass lifting duties,? says Sunil K Gupta, Associate President, Action Construction Equipment.
It?s the dark horse segment. Consider the figures: the crawler crane market constitutes just three per cent of the total mobile cranes sales in India whereas the pick-n-carry cranes control the major chunk, 93 per cent of the total sales.
Even though the financial years 2008-09 and 2009-10 were extremely tough for the MHE segment due to the global recession, the industry growth is back to figures of 15 to 20 per cent, and this is expected to sustain over the next few years.
The growth potential for lifting, loading and handling solutions is huge and continuously increasing, as India propels itself for a sustainable nine per cent plus per annum economic growth.