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Indian MHE market rapidly shifting to tier II and III cities
Manojit Acharya, Director – 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.
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’s plans for the Indian market.
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.
Warehousing Equipment Aiming New Heights
Driven by the growth of various industry segments such as FMCG, pharmaceuticals, food and beverages and e-tailing, logistics distribution hubs and clusters are mushrooming in all major parts of the country.