4JUNE 2024Efficiency in Every MovementThe material-handling market in India is expected to grow at a fast pace due to the factors such as high industrialization, growing investments in infrastructure development, and the growing e-commerce segment. Over the last few years, the market has been influenced by the technological changes, especially automation and robotics which have provided great improvement in the operations and less emphasis on human labor. These innovations are more important in handling large volumes of goods efficiently and effectively for the needs of sectors such as manufacturing, warehousing, and logistics. Some of the recent government policies such as Make in India and smart city projects have also fuelled the material-handling equipment market in India. Such measures have led to the expansion of capital investments in the development of new production facilities and distribution centers, which require sophisticated handling processes. Moreover, the concept of the Goods and Services Tax (GST) has enhanced the flow of goods across the country and thus, there is a need for efficient material handling systems. The leading players in this market are some of the e-commerce giants. This has been due to their requirements for larger and hi-tech warehouses to cater for the increase in e-shopping. These systems are conveyors, AGVs, and palletization solutions that help the smooth running of operations in high throughput areas. Also, the increased use of cold chain logistics due to the pharmaceutical and food industries have added to the need for specific material handling equipment. This equipment needs to have precise temperature regulation and guarantee a safe and efficient transportation of perishable products.In the current issue, we introduce you to the top companies in this sector. In this issue, Industry Outlook has identified the select few startups that have done particularly well in this industry with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner. We welcome your feedbacks and suggestion that you may have concerning this special issue. Sudhakar SinghManaging Editoreditor@theindustryoutlook.comVol 2 · Issue 4 - 3 · JUNE, 2024Publisher Alok ChaturvediManaging Editor Sudhakar SinghAssociate EditorIndranil ChakrabortyAssistant Editor Hima P MEditorial Team Design ManagerPrabhu Dutta A.R.N Ray Senior DesignerRajesh R B Visualizer Aruna Kumari KSuanya Chakraborty Advertising QueriesPrajnya Paramita BholVidyashri Patil Jaya Arora GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Technologies Pvt. Ltd. and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2024 Biz Print Media Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Roshan Akthar Nalini BramhanapalliVishwanathan A
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