Aug 31 2012 | Analysis
Our wide range of product includes EOT Crane
Tell us about your company and offerings in the Material Handling Equipment (MHE) category?
We are engaged in offering a superior quality range of material handling equipments and accessories. Our wide range of product includes EOT Crane, Single Girder EOT Crane, Double Girder EOT Crane, Goliath Crane\Gantry Crane, Industrial Crane, Wire Rope Hoist, Jib Crane, Heavy Duty Crane, Overhead Crane, Double Beam Crane, Single Beam Crane, Electric Cranes. Manufactured as per bureau of Indian Standard IS :800, IS : 807, IS :3177, IS:4137, our range of product finds application in engineering industry, foundries, paper mills, steel plants, power plant, automobile industry, cement industry, plywood industry, ship yard, railway yard, heavy fabrication unit, chemical industry, ceramic industry and food industry. The range of product we offer is available in the market in both standard as well as the customized options
How was the FY2011-12 in terms of growth and turnover? Who are your clientele?
During the FY2011-12 we got around 10% growth and turnover. Mainly our clientele are from engineering industry, foundries, paper mills, steel plants, power plant, automobile industry, cement industry, plywood industry, ship yard, railway yard, heavy fabrication unit, chemical industry, ceramic industry and food industry. Some of our major customers during the FY2011-12 were Indfab Projects Pvt. Ltd, Endeavour Instruments Pvt. Ltd., Shree Narmada Architectural Ltd and some are Paper mill Customers.
What can be the size of the MHE industry in India and the approximate number of players?
The MHE industry size in India can be around Rs 2000 to Rs 3000 crore and 400-500 players in this field.
Comment on the future of the material handling industry?
Considering the development of various industries and demand, It seems that the MHE growth will be around 1.5 to 2 times in the next 3-4 years.