India's higher economic activity, big-tickets infra projects, and consolidation in the warehousing sector with implementation of GST, will lead to increased requirement of MHEs
The Indian material handling Industry is relatively small when compared globally. In 2018, the Indian market of Industrial Trucks/MHEs was approximately 16,500 units vs the Chinese market of over 430,000 units or the USA market of about 2,56,000 units. This low penetration in India means that there is a significant opportunity for growth of MHEs in India. The old ways of material movement are still being used in India; and material handling efficiencies/productivity is not yet fully embraced by the market.
In 2018, the market of Industrial Trucks increased by 39% in India and we believe that it will continue to grow in the coming years. With implementation of GST, there is consolidation taking place in the warehousing sector, which needs more MHEs, and India's higher economic activity will lead to increased requirements. The country's infrastructure sector is a promising market for material handling equipment – especially given the impressive line-up of big-ticket infra projects like Sagarmala, Dedicated Freight Corridor (DFC), and Multi-Modal Logistics Parks (MMLPs) for handling containerized cargo. The Material Handling industry will also see increased focus on reducing waste by way of palletization, cold stores, etc.
Hyster is committed to the Indian market with its comprehensive range of forklift trucks, container handlers and ReachStackers
Hyster-Yale Group is a global leader in counterbalance forklift trucks, container handlers, ReachStackers and warehousing solutions, as well as quality parts, worldwide. We are committed to the Indian market, having our own office in Pune since the last 13 years, which now has more than 150 engineers. We have an exclusive partnership with TIL to offer a comprehensive range of high-capacity (above 8T) forklift trucks, empty and laden container handlers and ReachStackers to customers in India, Nepal and Bhutan. These machines are ideal for port, terminal, heavy manufacturing, steel industry etc.
‘Strong Partner Tough Trucks' is the tagline of Hyster, and in TIL we do have a very strong partner. Since 2009, the Hyster-TIL® brand has represented a partnership between two leading companies with complementary visions and technologies, reinforced by a shared commitment to enhance customer profitability. This unrivalled partnership has a singular objective – to meet all material handling needs of customers. Hyster-Yale Group is able to source world-class fabricated components and fully built machines, leveraging TIL's manufacturing cost advantage and Hyster-Yale Group's global distribution network. It is a win-win partnership on all counts.
Hyster-TIL® ReachStackers are the preferred choice for customers in India
ReachStackers built by TIL at its Kharagpur factory are fully compliant with the same stringent design and quality standards followed at Hyster's Nijmegen plant in the Netherlands. More than 300 ReachStackers are manufactured in India to date for local and Asia-Pacific markets. Many of these machines, working in India and the Asia Pacific region, have already clocked more than 20,000 hours and are working successfully. The Hyster-TIL® ReachStackers have become a preferred choice for customers in India and have garnered a significant market share in the ReachStackers market in India within a short span of time.
ReachStackers manufactured by TIL in India are also sold by Hyster in Australia, New Zealand, Thailand and Malaysia and we have secured repeat orders from customers in these markets. We have a lot of confidence in the quality of TIL-built ReachStackers and are happy to place the Hyster brand on these products.
Made in India ReachStackers bring competitive advantages to customers by reducing delivery lead times and improving total cost of ownership
The RS45 series of ReachStackers manufactured by TIL at their state-of-the-art factory at Kharagpur, West Bengal, sets a new standard in low cost of ownership, without compromising on Hyster's principles of durability and toughness. By virtue of their outstanding maneuverability and superior handling speed, the Hyster-TIL® range of ReachStackers has been designed to optimize space utilization in container terminals. These trucks offer the same quality components, durability and toughness as any Hyster® Big Truck, and a longer tyre life.
The cooling on demand and load sensing hydraulics only use power when needed. TIL's telescopic container spreader for handling 20- and 40-feet standard, ISO containers feature a widely spaced boom head to provide strong support to the spreader. The free non-powered sideways articulation of +/-2 degrees facilitates easy handling of containers on/off sloping trailers. Local manufacturing by TIL provides distinct competitive advantages to customers by reducing delivery lead times and improving total cost of ownership.
Equipped with futuristic technologies, we are now working on electrification of big container handling equipment Hyster and TIL consider the safety of operations to be paramount in container handling operations. To aid operations, Hyster and TIL equip their machines with state-of-the-art features that employ telemetry and onboard machine diagnostics. Telematics (IoT) is the technology of the future that seeks to improve all aspects of fleet management – machine productivity, total cost of operations and operator performance – in addition to operational safety, by way of wireless asset management.
There is also the added flexibility of retrofitting the telematics application into older models and allied equipment from other manufacturers. Key features include remote management of key performance indicators of the equipment, impact sensing, tracking regular preventive maintenance schedules, tracking & reporting aggregate costs, GPS tracking, access control, automatic shutdown, operator pre-shift checklist, etc. There is increased requirement by customers for equipment fitted with telematics and Hyster-Yale Group has been supplying many equipment with telematics factory-fitted into them.
In addition to Telematics, considering the requirement of reducing emission footprint, Hyster-Yale Group is also working on electrification of big container handling equipment. Currently, Hyster-Yale Group has electric forklifts up to 9 t capacity using Lithium-Ion battery.
Managing equipment downtime with smooth availability of spares and faster service has always been a prime imperative for TIL All Hyster-TIL® machines are backed by TIL's unmatched product support and aftermarket solutions to ensure higher return on investment by way of definite gains in productivity. Managing equipment downtime by way of smooth availability of spares and faster and efficient service has always been a prime imperative for TIL. In addition, customers can access doorstep aftermarket support through TIL's pan-India network of trained service engineers and parts' warehouses in Kolkata, Chennai, and Delhi.
Rising demand for efficient container handling equipment at ports, rail yards and air-cargo centers owing to increasing volume of goods being transported, is a major factor boosting growth of the market. Hyster and TIL will continue to work with customers in various sectors to understand the requirements and provide solutions to help customers improve productivity. The Hyster-TIL® partnership remains committed to leveraging these emerging opportunities and enhancing value for customers by way of technologically advanced and cost-effective offerings.