TIL Expands Material Handling Portfolio With New Products, Eyes Pick-and-Carry Crane Market

TIL Ltd, the Kolkata-based material handling solutions provider, is gearing up to accelerate growth across its business verticals with a slate of new product launches, a renewed focus on high-potential market segments, and strengthened global partnerships. According to company President Alok Kumar Tripathi, the move is part of TIL’s broader strategy to align with rising demand across its lifting, logistics, and port equipment portfolio.

Three New Products to Debut at Excon 2025

The company plans to unveil three safety-driven products at Excon 2025, South Asia’s leading construction equipment trade show, scheduled in Bengaluru next month. Tripathi said these launches represent the beginning of a larger innovation pipeline TIL has been developing over the past year.

One of the headline introductions is the company’s first entry into the pick-and-carry crane segment, a category that sees annual sales of 14,000–15,000 units in India. Tripathi expects that at least one-third of the market could find TIL’s offering attractive, given the sector’s heightened emphasis on operational safety—especially among large enterprises.

Re-Entering Truck Crane Segment With 85-Tonne Model

The second major launch marks TIL’s return to the truck crane space with an 85-tonne crane model. The company once dominated this market with a 70–80% share, but its absence in recent years, along with heightened competition from international players, has reduced its presence to about 5%. The new product aims to rebuild the company’s position in this segment.

The third model is an empty container handler engineered to operate efficiently on unpaved ground—conditions commonly encountered across Indian ports and logistics hubs.

Global Partnerships Strengthened for Technology Upgrades

Tripathi highlighted that TIL continues to leverage its renewed alliances with leading global manufacturers including Hyster-Yale and Manitowoc. These collaborations, he said, are helping the company bring technologically advanced, quality-focused solutions to Indian customers.

Beyond new products, the company is sharpening its aftermarket support ecosystem, with improvements in field servicing capabilities, inventory management, and end-to-end digital integration through SAP.

Aiming to Become a Full Lifecycle Solutions Provider

With rising industry demand for reliability and predictive maintenance, TIL is positioning itself as a comprehensive solutions partner, offering IoT-based monitoring, AI-driven analytics, and optimisation services across the equipment lifecycle.

The company has a strong footprint across core sectors. It works with major port operators such as the Container Corporation of India, supports road-building and construction companies, and recently secured a ₹100-crore contract from the Indian Air Force for logistics equipment. In the industrial segments, TIL serves over 200 customers spanning steel, coal, mining, oil and petrochemicals, power, and railways.