Dubai-based Manlift Group to invest up to 25 million euros in India

20 Apr 2023 CW Team

Manlift Group, a Dubai-based aerial work platform rental company, has planned an additional investment of up to 25 million euros in India as part of a five-year expansion plan. Manlift India has been in business since 2010 and has already invested up to 70 million euros in the country by replacing equivalent machinery.

Manlift India is a subsidiary of the Manlift Group, which is also present in the United Arab Emirates and Qatar. The company is a subsidiary of the Riwal Group, which operates in 14 countries (aside from the Manlift Region, these include the Netherlands, France, Spain, Germany, Poland, Denmark, Sweden, Norway, Croatia, Slovenia, and Kazakhstan).

The company sees a huge opportunity in India's rapidly growing infrastructure development, particularly after the announcement of the PM Gati Shakti National project in the Union Budget 2022, with a budget of up to Rs 100 lakh crore.

Riwal Holding Group CEO Pedro Torres stated. "India represents a significant opportunity for us." Manlift believes that the demand for construction equipment and machinery will grow exponentially in the coming years. We are upbeat about the future and eager to expand our operations in India."

Torres explained that "we plan to invest 20-25 million euros in India over the next five years to meet the growing demand. This fund will be utilised for establishing new depots and increasing the quantity of highly sought-after machinery."

Also Read
Manipur Convention Center PMC services submitted through a tender
MMRDA to construct pocket track at Metro Line 4 station

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..