Hiab, a global provider of smart and sustainable on-road load handling solutions, has secured significant orders in the US for its MOFFETT truck-mounted forklifts, HIAB loader cranes, and WALTCO tail lifts, totaling EUR 15.4 million. The orders were placed by a strategic customer in the roofing supply sector and two customers.
The fleet management segment. Hiab’s long-standing partnerships with these customers reflect its understanding of the US market’s demands Strategic investment signals growth in India’s logistics and construction sectors
Hiab, a leading provider of on-road load handling equipment and a part of the Cargotec Corporation, has announced that it has secured equipment orders worth EUR 15.4 million (approx. ₹140 crore) from various customers across India. The orders, which are expected to be delivered in phases during 2025, mark a significant step in Hiab’s expanding presence in one of the world’s fastest-growing economies.
Driving Growth in Logistics, Infrastructure, and Waste Management
The order portfolio includes truck-mounted cranes, hooklifts, tail lifts, and other advanced handling systems. These will be deployed across sectors such as infrastructure development, logistics, urban waste management, and construction—key areas aligned with India’s current focus on rapid urbanization and infrastructure.
Hiab has positioned this move as part of its global expansion strategy, aligning with India’s national priorities such as the Smart Cities Mission, Swachh Bharat Abhiyan, and PM Gati Shakti, all of which call for efficient, modern equipment to streamline operations in urban and industrial environments growth.
Speaking on the development, Hiab’s Senior Vice President for Sales & Markets in APAC said India is a priority market for Hiab, and these orders reaffirm the demand for high-quality, reliable load-handling solutions. With increasing infrastructure and logistics investments in the country, we are committed supporting customers with.
World-class technology, safety, and efficiency Hiab emphasized that its products are designed not only for performance but also to reduce environmental impact, in line with global sustainability goals. The company is incorporating fuel-efficient and low-emission hydraulic systems, as well as smart digital controls operational precision.
Orders from Public and Private Sector Clients
The EUR 15.4 million order comprises clients from both public and private sectors, including municipal bodies, waste collection contractors, infrastructure developers, and logistics firms. Notably, some of these clients are first-time buyers, signaling growing brand acceptance and market penetration by Hiab in India The bulk orders.
Statement from Company Leadership and monitoring will be serviced from Hiab’s regional support centers and through its growing network of Indian partners. After-sales services, spare parts, and operator training are also being integrated into the delivery packages to ensure smooth onboarding and usage of the equipment.
Strengthening “Make in India” Collaboration
While Hiab continues to export some components, the company is also reportedly in discussions to expand local manufacturing and assembly in India to further align with the “Make in India” initiative. This would not only optimize costs and logistics but also create local employment and skill development opportunities in advanced.
Manufacturing and heavy vehicle solutions Industry analysts suggest that this deal reflects not just Hiab’s confidence in India’s growth trajectory but also the increasing demand for automation, safety, and efficiency in material handling and waste management operations As these deliveries begin
Industry Impact and Outlook
With India’s logistics and infrastructure sectors projected to grow at a compound annual growth rate (CAGR) of over 8% in the next five years, global players like Hiab are looking to capitalize on this momentum. The successful execution of these orders could open the door to more large-scale deals and long-term partnerships in the region.
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