Material abundance

Equipment

Photo Courtesy: Liebherr India

Since the last couple of months, it has been business as usual for the material handling industry. “Be it the automobile sector or ancillaries, infrastructure, the steel sector, non-conventional power, etc, people are getting into negotiations and buying equipment, says Tushar Mehendale, Managing Director, Electromech. “We see genuine demand.”

And Manish Mathur, Vice-President, ACE Cranes, says business touched decent levels in June. Thereafter, “demand has gradually increased, so much so that this has been our best October in 25 years.” 

“With the unlock phase in the months of August and September 2020, the Indian material handling industry built on pre-COVID levels and further expa