Category: Construction Equipment
Electromech, a leading manufacturer of cranes is planning to build light weight crane for auto industry with German collaboration. The cranes will weigh 80 kg to 2000 kg suitable for tool rooms, multiple access area with curved tracks. The market size of light weight cranes is estimated at Rs.500 million and is growing at 15% every year. The company also plans to export the same to UAE, Iran and a few African countries.