MATERIAL HANDLING EQUIPMENT INDUSTRY （物料搬运设备行业）.pdfVIP

MATERIAL HANDLING EQUIPMENT INDUSTRY IN INDIA June 2010 Report by the Indo-Italian Chamber of Commerce Industry Material Handling Equipment Industry in India Introduction According to Construction World update, it has been projected that the present € 1.6 billion construction equipment industry in India is expected to touch about € 10.3 billion. While the current size is just a fraction of the world market, it has been growing between 10-15 % compared to the global growth of around 5%. India is one among the top 10 markets for construction equipment and is one of the key international markets. The prospects of the construction equipment industry look attractive with a projected investment of € 212.5 billion in the infrastructure sector over the next few years. The Indian market is catered by about 200 domestic manufacturers (small, medium large). Material Handling Equipments Sector The demand of construction and material equipment is correlated with the growth of Infrastructure sector. India still needs to develop it in a big way. There is substantial scope for the growth of the infrastructure sector viz., Roads, Steel, Coal, Cement, Power etc. The continuing investments in these sectors will support demand of these products. Also, with increased need of mechanisation and shrinking timelines of infrastructures projects, the demand for equipments should see a definitive upward trend. The demand is largely from FB, retail and automobile sectors. Palletisation and containerisation are also expected to increase demand. Although, it may be worthwhile to note that the global recession and slowdown in In