Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

MYCRANE expands to India

MYCRANE service will be operated in India by Mumbai-based Sahil Freight Express Pvt Ltd.
  • The franchise partnership agreement was between MYCRANE and Sahil Freight Express Pvt Ltd was signed at Expo 2020 Dubai
  • The crane market in India is expected to grow strongly in the coming years due to the expansion of roads and metro railways

MYCRANE has announced in a statement the appointment of an exclusive pan-India franchisee.

The free-to-use MYCRANE service would be operated in India by Mumbai-based Sahil Freight Express Pvt Ltd, which was established in 1986, said the Dubai-based firm that claims it is the world’s first digital platform for the search and selection of cranes.

The franchise partnership agreement was reportedly signed at Expo 2020 Dubai by MYCRANE founder and director Andrei Geikalo and Suhail Shaikh, the chairman and managing director of Sahil Freight Express Pvt Ltd.

The crane market in India is expected to grow strongly in the coming years as the ongoing expansion of roads and metro railways and the routine maintenance and upgrading of oil refineries, cement, and power plants all drive demand.

Andrei Geikalo was quoted by the statement as saying : “India has one of the fastest digitizing economies in the world, as well as a very positive outlook for the Indian cranes and construction sector, so we are delighted to be opening the MYCRANE service in the country”.

Suhail Shaikh, the chairman and managing director of Sahil Freight Express Pvt Ltd, remarked: “the crane market in India is expected to be very strong in the coming years and MYCRANE has a huge opportunity to make life easier for those seeking crane rental services.”

MYCRANE operates on a franchise basis and has reportedly invited enquiries from entrepreneurs who are interested in operating the service in their home markets.