A growing range of forklifts

01 Jun 2019 CW Team

ACE’s range of forklifts and forklift trucks (and allied products such as pallet trucks and stackers) is primarily being demanded by the warehousing, transportation and logistics sectors. While the company offers diesel forklifts (1.5 t-3.5 t), electric forklifts (1.5 t-8 t), and LPG forklifts (3 t) and manual, semi-electric and fully electric variants of pallet trucks and stackers, “diesel variants of forklifts and manual material handlers are preferred for their lower upfront cost”, says Pradeep Sharma, President, Action Construction Equipment (ACE).

ElectroMech is the market leader in electrically operated cranes and caters to economically vital sectors like infrastructure, steel and metals, oil and gas, energy (hydropower, nuclear) and renewable energy like wind. It has expanded the range of its material handling solutions and added forklifts and lift trucks in association with Hyster Yale. This product range serves the Indian market with a focus on the retail, 3PL, logistics, warehousing and ecommerce sectors.

Cranedge, a wholly owned subsidiary of ElectroMech, provides lifecycle services (annual maintenance, handling distress situations, repairs, refurbishment, relocation, etc) to material handling equipment users.

“We are excited about developments in retail and ecommerce, manufacturing plants, automobile, marquee infrastructure projects like bridges, metros, expressways, highways in India and outside, large energy projects like hydropower and wind energy, nuclear applications, and the oil and gas sector,” says Tushar Mehendale, Managing Director, ElectroMech.

Sharma expects growth in the retail, automotive, ecommerce, logistics, freight and cargo and pharmaceutical sectors to drive demand as the Make in India initiative takes root and companies become more focused on reducing labour costs and implementing worker safety norms.

CHARU BAHRI

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..