Users identify gaps in the availability of material handling equipment
Equipment

Users identify gaps in the availability of material handling equipment

Despite the ups and downs of overall business, a reason for cheer is the stable sales of material handling equipment.

Quoting ICEMA’s Annual Data Report 2021-22, Dimitrov Krishnan, President, Indian Construction Equipment Manufacturers Association (ICEMA), and Managing Director, Volvo CE India, points out, “The material handling equipment segment, which accounts for about 9 per cent of the construction equipment industry’s sales, remained largely stable during FY 22, witnessing ~2 per cent YoY [year-on-year] growth to about 7,895 units.”

Mobile cranes upswing

Mobile cranes are a leading constituent of the material handling equipment segment. From a peak of 11,827 units in 2018, the overall demand for mobile cranes fell through 2019 and 2020, only to recover…


To read the full article, CLICK HERE

Despite the ups and downs of overall business, a reason for cheer is the stable sales of material handling equipment.Quoting ICEMA’s Annual Data Report 2021-22, Dimitrov Krishnan, President, Indian Construction Equipment Manufacturers Association (ICEMA), and Managing Director, Volvo CE India, points out, “The material handling equipment segment, which accounts for about 9 per cent of the construction equipment industry’s sales, remained largely stable during FY 22, witnessing ~2 per cent YoY [year-on-year] growth to about 7,895 units.”Mobile cranes upswingMobile cranes are a leading constituent of the material handling equipment segment. From a peak of 11,827 units in 2018, the overall demand for mobile cranes fell through 2019 and 2020, only to recover…To read the full article, CLICK HERE

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