Hyderabad, Mar 2(TNT): MIC Electronics Ltd on Monday said it has entered into a strategic partnership with Switzerland-based GHS Technologies GmbH to jointly design, manufacture and supply advanced material handling solutions for the Indian market, beginning with an active industrial client engagement.
The collaboration has moved into technical execution following detailed discussions with a live client. Engineering documentation, including Gerber files, drawings and component specifications, has been transferred to MIC Electronics for manufacturing evaluation.
The company is currently conducting a technical review ahead of progressing to an initial sample order. Upon validation and client approval, the engagement is structured to scale into larger commercial volumes.
India is a priority growth market for GHS Technologies, driven by rapid industrialisation, infrastructure investments and rising demand for precision-engineered material handling systems across automotive, manufacturing, logistics, warehousing and energy sectors.
The Indian material handling market is projected to grow at over 10 percent CAGR through 2030, while the global industry is valued at over USD 200 billion.
For MIC Electronics, the partnership marks a strategic expansion into the industrial material handling segment, leveraging its existing strengths in electronics manufacturing, systems integration and engineering execution.
The collaboration is backed by an active client mandate and follows a defined sample-to-scale roadmap.
Rakshit Mathur, CEO, MIC Electronics Ltd, said the partnership represents a significant step in the company’s expansion into material handling, adding that the ongoing client engagement provides confidence in scaling from sample validation to commercial supply.
MIC Electronics Ltd is an Indian engineering and manufacturing company with capabilities across electronics manufacturing and systems integration.
GHS Technologies GmbH is a Switzerland-based engineering firm specialising in advanced material handling system design built to European quality standards.
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