| |MAY 20207Material handling industry is no longer an ancillary domain. It has a host of products which it can offer to different industry verticals, making almost every industry dependent on it. One may call it an appendage that is tagged along with every other industry and the idea of doing away with it can only hamper the growth of the respective business. Although it does not directly contribute to production of goods, it makes the whole process of handling them easier. It enables businesses to transport their goods efficiently and storage them properly. As a matter of fact, the manufacturing industry is being buttressed by material handling equipment industry as it makes the goods distribution process efficient. Businesses across manufacturing sector are realizing the essence of material handling and as a result, it is becoming an integral part of their operations. It is not just the return on investment that attracts the attention of customers towards a solution but also the improvement in speed and efficiency. To meet the demands of the market for material handling equipment, the MHE industry is geared up to churn out new equipment, and bring visibility to the supply chain process. It offers a clear picture to the customers of their investment and its effect on the complete operation. Several research reports suggest that the Material Handling Equipment Market in India is being touted to grow at 10 percent CAGR in the next five years. Experts believe that the growth of e-commerce market is going to increase day by day. Online shopping is expected to be one of the major drivers of the industry. Many customers are changing tack and are adopting online shopping which directly translates to increased material handling needs. To bring this special issue to fruition, we have studied this industry segment in-depth and have come up with the list of 10 Most Promising Material Handling Solution Providers in India who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies stand out from the crowd. We look forward to receiving your feedback. Sudhakar SinghEditorsudhakar.singh@theindustryoutlook.comIncreasing Significance of Material Handling Vol 1 · Issue 9-2 · May 22, 2020Publisher Alok ChaturvediEditor Sudhakar Singh Editorial Team Janifha Evangeline Samrat Pradhan Hridkamal Roy Teja Boncheruvu Art & Graphics Ashok Kumar S Sivasankar Sales & MarketingIndranil ChakrabortyVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Mu-rugeshpalya, Bangalore-560017.Editor Alok ChaturvediCopyright © 2020 SiliconMedia Technolo-gies Pvt Ltd, All rights reserved. Repro-duction in whole or part of any text, pho-tography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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