Page 34 - Construction_Opportunities_March_2023
P. 34

TICKER TAPE
          EQUIPMENT  Jungheinrich, a German giant in the field of warehouse
           JUNGHEINRICH REVOLUTIONIZES INDIA’S LOGISTICS OPERATIONS,
                      TO INCREASE ITS FOOTPRINT IN INDIA

           equipment and intralogistics, with a decade long presence in
           India, opens its new integrated facility in Bhiwandi, Maharashtra.
           The  facility comprises  Equipment  &  Spare  Parts  Warehouse,
           Workshop & Training Center for its all-electric forklifts trucks and
           warehouse equipment. What sets Jungheinrich apart is its focus
           on automation and its environmentally sustainable approach.
           The Indian market for material handling equipment is currently
           around 20,000 units a year and is likely to grow at double-digit
           CAGR for the foreseeable future. The company, besides initiating
           the modernisation of warehouse working in India, is all set to
           substantially expand its capacity with an aim to meet the growing
           demand for forklift trucks and other such warehouse equipment   a hub in logistic warehousing along with a strong customer base
           in India. “Our aim is to set the trend for modernization in Indian   and a nearby sea port offers a perfect place for overall smooth
           logistics sector. As part of this growing eco-system Jungheinrich   functioning of its entire operations.
           now plans to position itself as an ‘automation solution provider’
           by introducing new machines in the Indian market such as   Environmental and sustainability model
           Automotive Guided vehicle (AGV),” says Manojit Acharya, India   As a publicly listed family-owned company, ecological, social
           Head of Jungheinrich.                               and economic responsibility is the focus of all Jungheinrich’s
           India’s warehouses are still dominated by diesel spewing forklifts   business activities. Keeping this in mind, the German intralogistics
           and old-technology warehouse equipment operating in an   giant brings into India only the electric based equipments with a
           archaic labour intensive go-down culture. With its focus on   lower carbon foot print.  In addition to electric motors and drive
           automated solutions and all-electric forklift trucks and equipment,   controls, Jungheinrich also manufactures matching lithium-ion
           Jungheinrich aims to change that. This change to a more energy   batteries and chargers. Almost all trucks are available with lithium-
           efficient and time saving mode of working is essential if India is to   ion technology. These batteries besides offering the advantage of
           forge ahead with its ambitious modernization and industrial model.     less rechargeable time and longevity are also far less damaging
           “The big thrust the present Government is giving the logistics sector   to the environment.  Further, the company has plans to set up solar
           has inspired us to not only expand our present capacity but also   panels in the next one year so that the warehouse works fully on
           to have a long term focus with an aim to increase our overall   a renewable energy model.
           footprint,” says Manojit Acharya.                   The company in its bid to further help the environment plants a
           To further cement the leadership position in India, the company   tree for every equipment it sells.
           is planning to make considerable and meaningful additions to its   “Another major thing that we do in the direction of environmental
           product line.  Christian Erlach, Member of Management Board of   sustainability is recycling all our old equipment. We refurbish our
           Jungheinrich AG, said, “Besides expanding our capacity, we are   equipment from our rather successful rental market and resell
           also bringing in a new line of products for the Indian market and in   them. This is a huge step towards reducing our carbon footprint
           the process substantially increase our present market share. All the   and it saves a huge number of resources which would otherwise
           products that Jungheinrichbrings to the Indian shore come from   have ended as scrap or waste,” informs Manojit Acharya.
           our state-of-the-art factories in Europe and China”.  Manojit Acharya adds further, “This is an extremely environment
           The city of Bhiwandi in Maharashtra continues to be the base as   friendly option because reconditioning used equipment saves
           Jungheinrich expand its presence in the country. The city being   about 80 percent CO2 compared to new production.”

              BOBCAT BRAND TO BE USED FOR DOOSAN GENSETS AND   offerings”. The move takes place in the context of a broadening
                                FORKLIFTS                      product offering from Bobcat, which in recent years has expanded
           Doosan Bobcat is to rebrand its Doosan generators, compressors,   its grounds maintenance ranges with compact tractors, small
           lighting towers and forklift trucks as Bobcat products under a new   articulated loaders, mowers and turf equipment.
           strategy to “create business and growth opportunities”.  “Bobcat  is  an  iconic  brand  that  changed  the  world  with  the
           The rebranding will cover products produced by Doosan Portable   invention of the compact equipment industry, and we are excited
           Power (DPP) and Doosan Industrial Vehicle (DIV). These products will   to unleash the brand in bold, new ways,” said Scott Park, Doosan
           undergo design and aesthetic changes to align with Bobcat, and   Bobcat CEO & Vice Chairman.
           some DPP products will be shown at ConExpo-Con/Agg under the   “Doosan Portable Power and Doosan Industrial Vehicle have long
           new colours. Doosan Bobcat said the rebranded products were   legacies of developing high-quality products.
           expected to be available through Doosan Bobcat’s global dealer   “Bringing these strong Doosan brands into the Bobcat portfolio
           network “at a later date”.                          allows us to further expand these business lines, while also growing
           The OEM said the rebranding would “strengthen overall brand   our overall Doosan Bobcat business and providing even more
           equity, market recognition and consumer recall of all product   solutions to help our customers accomplish more.”


        34   CONSTRUCTION OPPORTUNITIES|MARCH 2023
   29   30   31   32   33   34   35   36   37   38   39