Smartening Port Development
CW’s webinar discusses the impact of COVID on ports, and the way forward... May 2020
He predicts that the increasing containerisation of the inland transport of commodities previously sent as bulk cargo, such as rice, granite and cement, and the opening of dedicated freight corridors from 2020 onwards, will be major demand drivers for reach stackers. In turn, these developments will facilitate the faster and more cost-effective movement of containerised goods vis-à-vis road transport.
With the containerised inland transport of goods currently standing at not more than 5 per cent of the total countrywide movement of goods, as against 20 per cent in developed nations, as per Bhatia, this segment of the material handling equipment industry has huge growth prospects.