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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.
Our solutions increase efficiency reduce carbon footprint
Manojit Acharya, Managing Director, Jungheinrich India, speaks on the company’s approach towards environmental sustainability.
MHE in India: What drives the sector
There is high growth potential in material handling industry in India considering the pipeline of opportunities in construction and infrastructures sectors.
The recent MHE market demand is on the uptrend”
Pre-Covid Indian MHE market has shown double digit CAGR since 2014. In-spite of Covid-19 pandemic and business being at standstill for almost four months in 2020, we saw a fast-paced recovery since August 2020, and witnessed the highest ever MHE market in March 2021 and in Q1 2021 which was fuelled by growth in economic activities.
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.
Handling It Safe
In spite of the current slowdown in the material handling equipment market due to the COVID-19 pandemic, the market is expected to bounce back soon with new practices of safer handling in warehousing operations.
KION india opens new facility in Pune
Supporting the government's Make in India initiative, KION opened India's largest material handling equipment facility in Pune
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.
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.
RIDING ON INFRA PUSH
Growth in the construction and material handling equipment market has pushed the prospects of small and medium range OTR tyres.
New Growth Avenues
Warehousing segment in India is evolving fast and is moving towards palletised loads which can be stored at heights.
Mobilising growth
Tyres are important components of a vehicle or machine for making it mobile. When we think about tyres, the first thing coming into our minds is a vehicle. Automobile is the largest user of tyres.
We are investing to further improve our product aesthetics
The KION Group recently made news when its Indian forklift truck brand, Voltas, announced joining forces with the long-established Italian brand OM in India. In this context, Sunil Gupta, CEO and Managing Director, KION India, elaborates on the company's strategies and the way ahead.
Palletisation can bring in higher throughput and desired efficiency
The estimated market size of the total Indian logistics market is to the tune of $200 billion and it generates employment for close to 50 million people in our country.
MHE Batteries
Driven by the advent of global logistics players also entering the Indian arena, electrically operated material handling equipment market is expected to grow exponentially, in light of their major thrusts and initiatives to develop warehousing hubs, all over the country.
Material Handling: Meteoric Rise
Modern warehousing and inter modal logistics industry initiatives in India, have redefined how business is conducted in the country in most industry sectors as well as its geographic regions.
Hydraulic Dock Levellers
Elite Material Handling Co, an ISO 9001:2008 company, offers hydraulic dock levellers that provide superior value through prolonged, trouble-free performance and the highest
High-performance Bearings
High-strength GAR-MAX? (HSG?) bearings provide high static load capacity and good friction and wear properties. Manufacturers of construction and other off-highway equipment rely on high-performance filament-wound bearings from GGB
Hydraulic Dock Levellers
Elite Material Handling Co, an ISO 9001:2008 company, offers hydraulic dock levellers that provide superior value through prolonged, trouble-free performance
Emerging Trends
Introduction of GST, more focus on palletisation, and expected opening up of retail segment are expected to boost the demand for forklifts.