As the global market for material handling equipment is projected to grow at a compound annual growth rate (CAGR) of 5.7 percent from 2022 to 2030, reaching a market size of $213.35 billion in 2021, one company that is driving inno¬vation in this space is Dhanvanthri Engineers. Established in 1983, Dhanvanthri Engineers has emerged as one of the top providers of custom-built material handling machinery, catering to a wide range of industries with its well-equipped manufacturing facilities and excellently crafted product line.
The material handling equipment market is experiencing significant growth due to factors such as rapid industrialization, the need for auto¬mation, and the increasing modernization of manufacturing facilities. In addition to basic handling equipment, there is a growing demand for complex automation, including robotics and Internet of Things (IoT) integration, as manufacturing facilities and physical structures are upgraded to increase production capacity.
The rise of Industry 4.0 with increased IoT usage, along with the growing awareness of workforce safety, higher expectations for efficient material handling, and the emphasis on enhancing supply chain efficiency, are driving the demand for material handling equipment. "We aspire to attain global benchmarks in the equipment manufacturing industry with a commitment to total customer satisfaction and by fostering a culture of trust and deep-rooted values.
Our mission is two-folded, firstly, to help customers not just purchase the right solutions but also make them understand what they really need", shares Anil Athri, Managing Director, Dhanvanthri Engineers. “It is also our mission to focus not just on profitability but also on the overall well-being of our customers, employees, and suppliers and help them grow along with the company”, shares Jayashree Athri, Founder Director, Dhanvanthri Engineers.
Late Sriram Athri, Founder Director
One of the key factors that set Dhanvanthri Engineers apart is its customer centric approach. The company is driven by the urge to conceptualize and create solutions that add value for its clients through product usability, integration of advanced technology, and overall user experience. With a wide range of products and solutions, Dhanvanthri Engineers has been able to cater to the unique needs of various industries.
Its offerings include customized conveyors, bucket elevators, oscillator conveyors, magnetic conveyors, enclosed belt conveyors, drag chain conveyors, goods lift, gravity spirals, power rollers, silo feeding systems, bulk handling conveyors, crusher feeders, warehouse automation products, sorters, automated bag unloading systems, pallet feeding and unloading systems, jumbo and unit bag feeding systems, and many more.
The company has more than four decades of experience in offering solutions to over 25 unique
industries. Systems have been operating 24x7 in more than 500 leading multinational firms in FMCG, Food, Soap, Detergent, Automobile, Construction, Manufacturing, Agricultural, and Warehouse Companies. As a ballpark, the company has delivered more than 1000 km of conveyors all over the world since its inception. "Dhanvanthri Engineers believes that quality begins at the origin level and is mostly determined by the application and the customer.
Our systems being totally custom-built, we tend to go a bit overboard with catering to our customer’s needs, and it shows in the relationships we have built. You can consider a benefit of ROI within 6-12 months for our systems", further shares Anil.
Apart from its innovative products, Dhanvanthri Engineers is also known for its work ethos. The company's team is characterized by its innovative, quality-conscious, cost-effective, and time-efficient tendencies. The company aims to form a synergic understanding with its customers and offer solutions that best fit their needs, which acts as a distinctive advantage and USP for the brand. The workforce at Dhanvanthri Engineers consists of dynamic and experienced individuals who are driven to serve customers in the best possible manner.
"The major advantage we have is that the communication is open and visible for ensuring that the product and project match the needs of the customer. There are open communication channels from sales, design, purchase, QC, and production. The manufacturing activities being under the very nose of the design department and the Purchase directly linked with production, we are able to maintain a seamless flow of information and ensure that our customer's requirements are met with precision", says Preeti Athri (Director, HR, and Operations).
In addition to its customer-centric approach, Dhanvanthri Engineers also places a strong emphasis on research and development (R&D). The company invests significantly in R&D to stay at the forefront of technological advancements in the material-handling equipment industry. Its R&D team constantly explores new materials, manufacturing techniques, and automation technologies to enhance the performance, safety, and efficiency of its products. This focus on innovation has enabled Dhanvanthri Engineers to develop cutting-edge solutions that cater to the evolving needs of industries across the globe.
Furthermore, Dhanvanthri Engineers is committed to sustainability and environmental responsibility. The company strives to develop products and solutions that are energy-efficient, reduce waste, and minimize the impact on the environment. It also promotes the use of eco-friendly materials and follows sustainable manufacturing practices, such as recycling and waste management, in its production processes. By integrating sustainability into its operations, Dhanvanthri Engineers aims to contribute to a greener and more sustainable future.
The company's commitment to excellence has earned it numerous accolades and certifications. The company has been recently felicitated by the Indian Defence Minister Rajnath Singh at the Aero-India Manthan shows for winning a design open challenge. Several recognitions from customers and testimonials speak of the value. Dhanvanthri Engineers is ISO 9001:2015 certified for quality management systems. These reflect the company's dedication to maintaining high-quality standards and ensuring the safety and well-being of its employees and customers.
As a trusted partner in the industry, Dhanvanthri Engineers is known for the team's innovative, quality conscious, cost-effective & time efficient solutions in Material Handling
In addition to its focus on customer satisfaction, innovation, sustainability, and quality, Dhanvanthri Engineers also places a strong emphasis on after-sales service. The company has a well-established customer service team that provides prompt and efficient support to its clients, including installation, maintenance, and troubleshooting services. This ensures that customers can rely on Dhanvanthri Engineers not just for the initial purchase of equipment but also for ongoing support throughout the lifecycle of the product.
For the past few years, Dhanvanthri Engineers has been on an ambitious journey towards growth and expansion. It also plans to invest in enhancing its manufacturing capabilities and infrastructure to meet the increasing demand for its products and services. From projects in material handling and custom-built products for material handling and related processes to vertical goods lifts and elevators, defense and related products, pharmaceutical process machinery for granulation, mixing, and forming, and consultive, AMC and maintenance services, the company is leaving no stone unturned.
The company's overarching objective is to raise earnings and turnovers while setting a standard for the sector. As the demand for material handling equipment continues to grow globally, Dhanvanthri Engineers is well-prepared to capitalize on this opportunity and forward the growth journey collectively with all stakeholders.