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BYD India enters MHE business
BYD India, a subsidiary of the China-based EV maker BYD Group, has entered into material handling equipment (MHE) business in India. Currently, BYD is the only company to provide MHE products with lithium-iron phosphate battery in the country.
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.
Uplifting Future
Advanced material handling and warehousing equipment have a vital role that can help speed up the efficiency of logistics industry. More focus on palletisation and the opening up of retail segment