Introduction
The forklift industry in India is expanding rapidly as manufacturing, logistics, and construction sectors continue to grow.
In 2025, the demand for high-performance forklifts—especially electric and automated models—is at an all-time high.
From warehouses in Chennai to factories in Pune, businesses are investing in forklifts to improve productivity, reduce labor costs, and ensure safe material handling.
In this article, we’ll explore the top 10 forklift manufacturers in India (2025 updated), including established brands and emerging innovators.
Forklift Industry Growth in India – 2025 overview
India’s material handling equipment market is projected to reach ₹15,000 crore by 2026, driven by rapid industrialization and e-commerce expansion.
Key trends shaping the industry:
- 📦 Rise of automated warehouses and IoT-enabled forklifts
- ⚡ Shift towards electric and lithium-ion forklifts for sustainability
- 🏭 Increased demand from ports, logistics parks, and MSMEs
- 🤝 Collaborations between Indian and global forklift companies
With government initiatives like Make in India and PM Gati Shakti, domestic forklift production has gained massive momentum.
Factors to Consider When Choosing a Forklift Manufacturer
Before choosing a supplier, consider these important factors:
- Load Capacity: Choose from 1 ton to 25 tons depending on your industry.
- Power Type: Diesel, electric, or LPG forklifts depending on operating environment.
- After-Sales Support: Availability of service centers and spare parts in your city.
- Customization: Many top Indian brands offer customizable attachments for warehouse or construction use.
- Safety Certifications: Check for ISO, CE, and OSHA compliance.
Top 10 Forklift Manufacturers in India (2025 Edition)
Here’s a ranked list of India’s top forklift brands based on quality, market presence, and innovation.
🥇 1. Godrej Material Handling
Headquarters: Mumbai, Maharashtra
One of the oldest and most trusted names in India’s forklift industry, Godrej manufactures diesel, electric, and LPG forklifts with capacities up to 25 tons.
Key Features:
- Advanced electric forklifts with AC drive technology
- PAN India service network
- Trusted by industries like logistics, pharma, and steel
Highlight: Over 60 years of material handling excellence in India.
🥈 2. Voltas Material Handling (KION India Pvt. Ltd.)
Headquarters: Pune, Maharashtra
Voltas, now part of KION Group, is a leading forklift manufacturer producing a range of diesel, electric, and warehouse forklifts.
Key Features:
- German engineering with Indian manufacturing
- Ergonomic design & safety features
- ISO 9001 certified production
Highlight: Known for energy-efficient Linde-designed forklifts.
🥉 3. ACE (Action Construction Equipment Ltd.)
Headquarters: Faridabad, Haryana
ACE offers a full range of material handling and construction machinery, including forklifts from 1.5 to 25 tons.
Key Features:
- Heavy-duty forklifts for ports and manufacturing
- Low maintenance cost
- Widely used in cement and automotive sectors
Highlight: Listed company with 100+ sales offices across India.
🏅 4. Toyota Material Handling India
Headquarters: Bangalore, Karnataka
The Indian arm of Toyota Industries, offering world-class forklifts known for precision, safety, and reliability.
Key Features:
- Electric forklifts with smart diagnostics
- Environment-friendly models
- Long-lasting lithium-ion battery forklifts
Highlight: Global leader with consistent reliability and innovation.
🏗️ 5. Hyundai Construction Equipment India
Headquarters: Pune, Maharashtra
Hyundai forklifts are gaining traction for durability and fuel efficiency. Ideal for large factories and ports.
Key Features:
- Diesel and LPG forklifts up to 16 tons
- Advanced hydraulic controls
- Global-grade operator comfort
Highlight: Trusted by logistics hubs and shipping yards.
⚙️ 6. Godrej-Toyota Collaboration (Legacy Models)
This partnership introduced several premium forklift models now maintained by both brands.
Still popular in heavy-duty industries due to their long lifespan and easy serviceability.
🚛 7. Jost’s Engineering Company Ltd.
Headquarters: Mumbai, Maharashtra
Specializes in electric forklifts and warehousing equipment. Known for local innovation and compact designs.
Key Features:
- Electric counterbalance forklifts
- Indian-designed battery systems
- Affordable models for SMEs
Highlight: Strong dealer network and local spare part availability.
🧱 8. Indo Lift
Headquarters: Pune, Maharashtra
An emerging player offering affordable forklifts without compromising quality.
Key Features:
- Load capacity from 1.5T to 10T
- Economical electric variants
- Customizable attachments available
Highlight: Perfect balance between cost and quality for growing businesses.
🏭 9. Maini Materials Movement (Maini Group)
Headquarters: Bangalore, Karnataka
Pioneers of electric material handling in India. Focused on sustainability and innovation.
Key Features:
- Zero-emission electric forklifts
- Compact warehouse solutions
- ISO-certified safety design
Highlight: Popular choice for indoor logistics & warehouse automation.
🧰 10. Shaktiman Equipments Pvt. Ltd.
Headquarters: Chennai, Tamil Nadu
A fast-growing Indian brand recognized for robust and cost-effective forklift solutions.
Key Features:
- Diesel and electric forklifts 1–10 tons
- Custom-built forklifts for factory environments
- Excellent after-sales service and spare support
Highlight: Made-in-India forklifts trusted by manufacturing and logistics sectors.
Forklift Comparison Table
| Manufacturer | Type | Load Capacity | Specialty | Ideal Use Case |
|---|---|---|---|---|
| Godrej | Diesel/Electric | Up to 25T | Durability | Heavy industries |
| Voltas-KION | Diesel/Electric | Up to 16T | German tech | Logistics |
| ACE | Diesel | 1.5–25T | Cost-effective | Construction |
| Toyota | Electric | Up to 10T | Global quality | Warehouses |
| Hyundai | Diesel/LPG | Up to 16T | Performance | Ports |
| Jost’s | Electric | 1–5T | Compact design | Warehouses |
| Indo Lift | Electric | 1.5–10T | Affordable | MSMEs |
| Maini | Electric | 1–5T | Eco-friendly | Indoor ops |
| Shaktiman | Diesel/Electric | 1–10T | Local service | Factories |
Emerging Forklift Technology Trends in India (2025)
- 🔋 Electric & Hybrid Forklifts: Lithium-ion battery tech improving run time.
- 🤖 Automation & IoT: Forklifts with GPS and fleet management sensors.
- 🧠 AI Predictive Maintenance: Reduces downtime with smart alerts.
🌱 Eco-Friendly Manufacturing: Sustainability becoming a buying factor.
FAQs (People Also Ask)
Godrej Material Handling and Voltas (KION Group) are the top-rated manufacturers for reliability and nationwide support.
Yes, electric forklifts are ideal for indoor operations due to zero emissions and lower maintenance.
Forklift prices range between ₹8 lakhs to ₹45 lakhs, depending on capacity, power source, and brand.
Electric forklifts by Maini, Jost’s, or Toyota are best suited for warehouse use.
Yes, several brands like Godrej, ACE, and Shaktiman design and manufacture forklifts entirely in India under the Make in India initiative.
Final Thoughts
India’s forklift market is thriving, offering a wide range of global and domestic options.
If your goal is durability and heavy lifting, go with Godrej or Voltas.
If you prefer eco-friendly electric models, choose Maini or Toyota.
For cost-effective local service, Shaktiman and Indo Lift are rising stars.
No matter your industry, choosing the right forklift manufacturer in India ensures higher productivity, reduced downtime, and long-term ROI.
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