Top Material Handling Equipment suppliers, namely KION India, Jungheinrich India, Hyundai, Godrej, ACE, and ElectroMech-Yale are providing end-to-end Intra-Logistics Solutions and gearing up to meet the anticipated increase in demand with more technologically advanced and eco-friendly products.
The growth in sectors like e-commerce, retail, manufacturing, warehousing and logistics has bolstered demand for forklift trucks in the material handling sector. The demand for forklifts is also being driven by industries in the infrastructure sector, which includes steel, cement, electrical cables, tiles, wood, brick & blocks and other items that go into an infra project. Scarcity of labour and realization of mechanized handling to improve throughput and reduce dependence of labour, post Covid, is also driving the demand for forklift trucks in the SME sector.
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With 11 million sq ft of leasing in Q1 2026, industrial & warehousing demand across the top eight cities remained strong, witnessing a 22% YoY growth. Delhi
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