Manitou Group's Interactive Event Sees Large Stakeholders Congregation

Manitou Group
Company to focus on emerging markets and increasing product customization backed by technological advancements.

The France-based material handling equipment group's recently concluded dealers and customers meet in picturesque, Spain which saw large scale participation from company's dealers, suppliers, financial analysts, and customers from across the world. The event displayed range of products offerings from Manitou's stable, comprising the Manitou telehandlers, mine tyre handlers, Gehl/Mustang telehandlers, and Gehl/Mustang skid steer loaders, and access platforms as well. It was concurred along with interactive sessions on the company's marketing strategy and round table conferences on topical business and equipment utilization issues.

Delivering the key note address at the event, Mr. Jean-Christophe Giroux, President & CEO Manitou group, said, "Preceding three years has been difficult for business due to contraction of global markets. We decided to organize the event termed ‘Festival' in order to have a common platform with our stakeholders involving the customers, dealers and suppliers. The event has been planned to exchange information and reassure faith among our stakeholders that Manitou will continue pursuing business expansion through sustained development of technologically advanced products and solutions". Manitou's products find their applications in agriculture, construction, industrial markets and in "New Business" like mining or Oil&Gas.

Manitou Group Interactive Event Festival

He informed, "Despite slowdown in business, we continued with our expansion plans through acquisition of Gehl in 2008. Slowdown in business neither allows us to discontinue our production activity, nor loss in business. Sustained emphasis has continued to be given in improvement of product quality and customization."

Equipment Demand
Mentioning about the Manitou's future expansion, he said that the company will continue to lay its faith on its 1,400 dealers (in 120 countries), 1600 suppliers, 24 subsidiaries and eight product units manufacturing 400 different models. Despite 65% share being held by the promoting family, Manitou is a much professionally managed company.

"We're planning to expand our presence in emerging construction markets where equipment demands are being led by core infrastructure, industrial and residential construction. He said, the maintenance of industrial projects is further likely to create demand for Manitou's products that are safe and reliable to operate as compared to conventional product offerings. The marketing strategy to promote the products in the emerging markets presently will be through concept building of the products among customers. However, increased promotion of the products will depend on enhanced expansion and utilization of the dealership network, which has been modest, he further said. Dealers attending the meet from BRIC countries during the interactive meeting of the conference said that enhanced emphasis has to be laid by the company for product financing".
Production Linked Incentive (PLI) scheme critical for growth of Construction Equipment Manufacturing in India
Indian Construction Equipment Manufacturers Association (ICEMA) organised the first-ever CE Manufacturing Summit on 2nd December at Hotel Le Meridien, New Delhi, with the theme “Towards Making India a Global Manufacturing Hub for CE”. The day-long affair

Read more ...

ISEE Expo concludes with a vision for India to become a global manufacturing hub for the elevator and escalator industry
The International Sourcing Exposition for Elevators & Escalators (ISEE) successfully concluded in Mumbai on December 3rd, 2022. The expo, organized by TAK Expo Pvt Ltd, featured over 150 international and domestic exhibitors showcasing the latest technology in elevators

Read more ...

ICACI unveils Modern Trends in Construction Technology
The two-day conference on ‘Modern Trends in Construction Technology’ hosted by the India Chapter of American Concrete Institute’s (ICACI) was a resounding success. It brought together India’s leading technocrats on a single platform to present, discuss

Read more ...

bauma Munich 2022 Showcases Industry’s Power to Innovate
With around 3,200 exhibitors from 60 countries, and over 495,000 visitors from ~200 countries, bauma Munich 2022 exceeds Industry expectations. Bauma Munich - the world’s leading trade fair for construction machinery, building material

Read more ...

bauma Munich  2022 Showcases Industry’s Power to Innovate and Show the Way to Zero Emission
With around 3,200 exhibitors from 60 countries, and over 495,000 visitors from ~200 countries, bauma Munich 2022 exceeds Industry expectations. Bauma Munich - the world’s leading trade fair for construction machinery, building material machines

Read more ...

Annual Session of ICEMA'22
Roads & Highways Minister Nitin Gadkari exhorts equipment manufacturers to focus on cost-effectiveness and adoption of alternate fuels. “There is a huge scope for bringing innovative construction technologies, which will not only increase the pace of road construction

Read more ...

11th Editon of EXCON concludes with high business volume and footfalls despite the rain playing spoiler
You can’t always have picture perfect conditions, especially when the rain chooses to pour relentlessly, unmindful of the fact that you have set the stage in an outdoor area. Yet, the rain could not wash away the enthusiasm at the event, even when it flooded

Read more ...

CICEE 2023 to Promote Globalization and Specialization
The 2023 CICEE agreement signing ceremony was held in Changsha International Convention and Exhibition Center on 18 May 2022. About 300 representatives from world-renowned main parts companies, national business associations, international authoritative industry

Read more ...

Panel Discussions on CVF Off Highway Throw Up New Information & Insights
The 2nd edition of India’s conference on CVF Off Highway held at Eros Hotel, Nehru Place, New Delhi, brought together senior professionals from the construction, mining, earthmoving, tractor, and agriculture equipment industry

Read more ...

Catalyzing Finance for CE Industry
ICEMA organizes 3rd Finance Conclave to tackle financing issues faced by Construction Equipment buyers for taking up infra development projects. ICEMA’s third annual conclave was held on 15th March’22 at Hotel Taj President

Read more ...

Sharp Ply Celebrates 21 Years of Success
Sharp Ply commemorated its completion of 21 years as a leader in the formwork industry with a grand celebration at Sakleshpur, Karnataka in March 2022. Guests and team members from Hyderabad, Chennai, Surat, Raipur, Vijayawada, Delhi

Read more ...

Catalyzing Finance for CE Industry
ICEMA organizes 3rd Finance Conclave to tackle financing issues faced by Construction Equipment buyers for taking up infra development projects. ICEMA's third annual conclave was held on 15th March '22 at Hotel Taj President in Mumbai

Read more ...

CERA Organizes Workshop on CE Rental Management
The Construction Equipment Rental industry is changing fast, and to stay relevant, rental companies will have to reinvent, consolidate, and find new avenues for growth. This was the focus of discussions at CERA’s virtual workshop on

Read more ...

Sandvik receives CSR Leadership Award for Environment Conservation
Sandvik Mining and Rock Technology India was awarded the CSR Leadership Award for its efforts in 'Environment Conservation' at the 10th India CSR Awards in Bengaluru on 10th December 2021. The award was received by Ravi Arora, Marketing and CSR head from

Read more ...

Certificate Handover Ceremony held for First Batch of Tata Hitachi Japan-India Institute of Manufacturing (JIM)
The Japan-India Institute for Manufacturing (JIM) is the outcome of India’s and Japan’s commitment towards the ‘Manufacturing Skill Transfer Promotion Programme’. Through JIM and another project titled ‘Japan Endowed Courses (JEC), 30,000 candidates

Read more ...

6th National Convention on Ferrocement Technology
Ferrocement Society India is promoting the ‘magical’ ferrocement technology for the last 13 years and has since organized 6 national conventions. The 6th Convention was held in Pune during 12-14 November 2021 at Firodiya Auditorium

Read more ...

CICEE: A Window to Global Innovations & Advanced Manufacturing
The first international press conference of 2023 Changsha International Construction Equipment Exhibition (CICEE) took place in Shanghai during the China International Import Expo. Representatives from 64 domestic media and more than 10 international media

Read more ...

Malaysian Tunneller Clean Sweeps Global Tunnelling Awards in 2021
The KVMRT Putrajaya Line project has recently been recognised by three prestigious industry awards, namely: the Major Project of the Year (with a budget of over 500 million Euros) at the ITA Tunnelling Awards 2021, hosted virtually by the International

Read more ...

Innovation and Adoption of Sustainable Technologies for Better Road Construction Conference by Rex Fuels and CSIR-CRRI
Rex Fuels in association with CSIR-CRRI organised a National Conference on Bitumen & Road Sector with the theme ‘New Technologies for Better Roads’ on 25th November 2021 at Taj Palace, New Delhi. The event, which saw over

Read more ...

Elevator Industry’s ‘OOH Campaign’ for its Mechanics who kept the World Moving during the Pandemic
As humanity reeled under the onslaught of Covid-19 and the resultant uncertainty, the world applauded the millions of essential services workers who toiled tirelessly at great risk to their personal health

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.
Click here to subscribe.