TIL Ltd is gearing up for a major push in the material handling solutions space with the launch of new products and its entry into a high-volume equipment segment, company President Alok Kumar Tripathi said.
The Kolkata-based engineering and manufacturing firm, known for its range of lifting, logistics, and port handling equipment, plans to unveil three new safety-focused products at Excon 2025 — South Asia’s largest construction equipment trade fair — to be held next month in Bengaluru.
“These launches mark the beginning of a wider portfolio of innovations we have been investing in,” Tripathi said. Notably, TIL will debut its first product in the pick-and-carry crane segment, a category with an annual domestic demand of nearly 14,000–15,000 units.
“This is a major new segment for us. We believe nearly one-third of the market will consider our offering, especially as safety is becoming a top priority for large companies,” he added.
Leveraging its longstanding partnerships with global technology leaders, TIL aims to strengthen its position in the material handling and port equipment market and tap into rising demand across sectors. The company’s expanded portfolio is expected to support ongoing growth in India’s infrastructure and industrial logistics ecosystem.