The India industrial cranes market is observing a significant surge, which is being driven by the factors that currently contribute to the rise in nation’s industrial activity. Being the fastest growing economy in South Asia, with the government's ambitious infrastructure development programs, as well as the rapid urbanization and increasing foreign investments in sectors such as construction, manufacturing, and logistics, the demand for industrial cranes has grown massively in the past few years. Development of the infrastructure is one of the main trends that is directly promoted by the government. Projects like 'Make in India', 'Smart Cities Mission', and the construction of industrial corridors have made industrial cranes a practically indispensable item for industries in our country.
There is a growing demand for smart industrial cranes which are provided with automation, Internet of Things, and security features. Furthermore, increased attention to industrial safety as well as new regulatory requirements has prompted industries to buy cranes that can meet strict safety standards of up to date. This transition on the side of secure and more productive lifting solutions has given rise to the market growth, and manufacturers keep pushing the boundaries of technologies to satisfy the established trends. Moreover, the growth in e-commerce and logistics industry has led to this increase in the warehousing and distribution activities, and therefore the demand for overhead cranes, gantry cranes, and other material handling equipment in logistic hubs and warehouses across the country has been rising.
In this issue, we acquaint you with the top companies in this field. After studying the industry landscape in-depth, Industry Outlook has zeroed in on the top ones that have excelled with their meticulous approach. Having proven their dedication in order to meet the customer’s expectations in an end-to-end manner, these companies have stood out from the crowd.
We look forward to receiving your feedback and suggestions.
