Material Handling Equipment

TIL to expand crane range

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.

We are focused on increasing the gap between us and our next competitor

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.

A Steady Crawl

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.

Material Handling Equipment: Steady market Growth

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.

Mobile Cranes: Towards Sustainable Growth

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.