Introduction
India is evolving as a vital market for material handling equipment, with the growth in the number of warehouses and container freight stations. This leads to the enhancement in demand for MHE, such as, forklifts, stackers and reach trucks. In fact, the Indian MHE market is growing at a CAGR of around 20% on year- to-year basis. In addition, the advanced techniques of cargo handling, growth in the port sector, and the increasing e-commerce market, as well as increasing lack of space, will be other drivers of the MHE market growth.”
SMEIntellect Team has sound knowledge on funding to Forklift, Reach Trucks, Stackers, BOPTs across various industry sectors. We intend to bring our expertise in place in funding to this segment.