In recent years, the material handling equipment market has seen remarkable growth, driven by robust projections and increasing demand. According to a recent report of Statistica the Indian market alone is projected to expand from 7.7 thousand units in 2021 to an estimated 16.8 thousand units by 2030, with a notable 9 percent CAGR. This surge highlights the importance of technological advancements and evolving consumer needs in supply chain management. As industries strive for efficiency and productivity, the demand for innovative material handling solutions has soared, reshaping the competitive landscape. Founded in 1978, Gilco leads the sector with a commitment to global leadership in metal-based fabrication. With over four decades of excellence, Gilco offers cutting-edge solutions that redefine standards in modern logistics.
The firm specializes in manufacturing shopping carts, known as shopping trolleys, catering to major retailers like Reliance Retail and e-commerce companies for warehouse material handling. Its unique distinction lies in being the sole manufacturer of shopping carts in India, setting it apart from options mostly originating from China or other Asian countries. Pride is taken in crafting carts domestically, reflecting a commitment to quality and origin. “Quality is paramount in our manufacturing process, reflecting our adherence to the highest standards. Additionally, our commitment extends beyond the point of sale. We provide comprehensive warranties and guarantees on all our products, complemented by exceptional after-sales service”, speaks Safal Gill.
Upholding Quality Excellence
Ensuring the highest quality is a fundamental principle within the firm's ethos, and it employs various strategies to uphold this standard. At the core of its approach lies a dedicated research and development team, whose relentless pursuit of innovation drives its ability to maintain quality benchmarks. “Moreover, at Gilco we are committed to integrating Japanese quality systems into our operations, with the Kaizen system standing out as a notable example.
By embracing these methodologies, we consistently refine and optimize our processes to deliver products of exceptional quality”, says Safal Gill. A prime example of its commitment to innovation and quality is the recent development of the Gilco Sapphire, also known as the Airport Three-Seater Terminal Chair. Introduced just eighteen months ago, this model has garnered widespread acclaim, particularly within the aviation sector.
Innovation, quality, & commitment are the guiding stars illuminating Glico's path toward reshaping the landscape of material handling solutions, one cart, one chair, & one project at a time
Gilco demonstrates a strong commitment to corporate social responsibility (CSR), particularly in the realms of education and skill development. It actively pursues suitable partnerships to ensure the effective utilization of funds. Upon establishment of these partnerships, the firm will embark on initiatives aimed at augmenting educational opportunities and enhancing skills within the communities it serves. Economically, the firm concentrates on the domestic market, with the majority of its operations situated in India. “Our sustainability strategy revolves around in-house manufacturing, encompassing a diverse range of products from shopping carts to plastic and rubber components, zinc coating, powder coating and electro polishing ”, adds Safal Gill.
Expansion & Integration for Future Growth
The firm's plans encompass a diverse array of projects spanning multiple sectors. Currently, it actively engages in the manufacturing of airport passenger baggage trolleys and threeseater terminal chairs for the Airport Authority of India (AAI). Furthermore, the firm supplies shopping carts to Reliance Retail and is involved in machining tractor parts. Looking forward, a significant upcoming project involves the establishment of its foundry. This initiative is geared towards augmenting the firm's capabilities by enabling in-house casting of materials, complementing its existing machining operations. Expected to commence operations within the next three to four months, this venture will facilitate the provision of a comprehensive solution to the auto parts industry, incorporating casting, machining, and supply services.
