K2Cranes

What K2Cranes does

K2 Cranes & Components Pvt. Ltd. (part of the Karthigeya Group) is a Chennai-based manufacturer of Electric Overhead Travelling (EOT) cranes established in 2008. The company designs and builds a comprehensive crane portfolio spanning lifting capacities from 250 kg to 300 tonnes, including single girder, double girder, gantry, semi-goliath, A-frame, jib, telescopic, underslung, and light crane systems. It also manufactures specialized configurations for metallurgical, port/container handling, power (including nuclear), and automated material handling applications, alongside its own K2 Hoist and K2 My-Hoist wire rope hoist brands produced in-house. The company operates a 60,000 sq. ft. manufacturing facility on 3 acres near Chennai capable of producing one crane per day, supported by CNC machinery and a separate SIDCO Industrial Estate service center for after-sales support.

Revenue is generated through multiple streams: direct enterprise sales of custom-engineered EOT cranes (hardware sales, quote-based pricing on multi-year contracts), in-house K2 Hoist manufacturing, exclusive distribution of Demag products in India, authorized distribution of Weihua cranes, global supply of crane kits and components to independent crane makers, and a recurring service/AMC business. GTM is primarily direct enterprise field sales supplemented by digital channels (e-store, interactive Crane Consultant tool) and partner channels. The company sells to industrial customers across automotive, wind energy, heavy engineering, steel, rail, FMCG, infrastructure, marine, power, and paper sectors, with named enterprise clients including Toyota, Vestas, Caterpillar, Tata Group, Alstom, Godrej, Samsung/BSH, and Colgate-Palmolive. Geographic footprint covers India (with 3,300+ to 4,000+ installations) and exports to the USA, Australia, UAE/Middle East, Africa, Norway, and Sri Lanka, served through a dedicated UAE web presence and a toll-free service line.

Name

K2Cranes

Legal name

K2 Cranes & Components Pvt. Ltd.

Website

https://k2cranes.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

K2 Cranes & Components Pvt. Ltd. is a Chennai-based EOT crane manufacturer serving industrial enterprises across India and export markets with custom-engineered overhead cranes, in-house hoists, and exclusive Demag and Weihua distribution partnerships.

Ownership category

akta.pro rank

Product category

Industrial Cranes and Material Handling Equipment

NAICS

Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923), Material Handling Equipment Manufacturing (33392)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Overhead (Bridge) Cranes (IMAHAJAC)

akta.pro secondary industries

Hoists (Electric, Manual & Pneumatic) (IMAHAJAG), Crane & Hoist Components (Wire Rope, Chain, Drums, Sheaves, Motors, Controls) (IMAHAJAK), Cranes, Hoists & Rigging Equipment MRO (Mobile/Tower Cranes, Winches) (TLAKAHAE)

Keywords

• EOT crane manufacturing
• Industrial hoists
• Material handling equipment
• Gantry cranes
• Crane automation systems

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. EOT Crane Manufacturing and Sales: Manufacture and sale of Electric Overhead Travelling (EOT) cranes including single girder, double girder, gantry, jib, and specialized cranes for industrial applications
2. After-Sales Service and AMC: Comprehensive after-sales support including breakdown calls, preventive maintenance, AMC contracts, modernization, refurbishment, and crane relocation services
3. Hoist Manufacturing: Manufacturing and sale of electrically operated wire rope hoists including K2 Hoist and K2 My-Hoist brands
4. Crane Kits and Components: Supply of crane kits and components to independent crane makers worldwide, including end carriages, control panels, wire ropes, and spare parts
5. Crane Automation and Control Systems: Sale of automation systems including standard controls, smart controllers, XY-Zero control, and radio remote controllers
6. Weihua Crane Distribution: Authorized distribution of Weihua products including specialized and intelligent cranes across India

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

K2 Cranes manufactures and sells Electric Overhead Travelling (EOT) cranes including single girder, double girder, goliath/gantry, jib, semi-goliath, and specialized metallurgical, port, and power industry cranes. The company also produces its own K2 Hoist and K2 My-Hoist wire rope hoists, distributes Demag and Weihua crane products in India, and offers crane automation/control systems along with after-sales service, AMC, retrofitting, and modernization.

Product overview

K2 Cranes & Components Pvt. Ltd. is a comprehensive industrial crane manufacturing company offering a diverse portfolio of lifting solutions. The core product portfolio includes overhead traveling (EOT) cranes in various configurations: Single Girder EOT Cranes (250kg-15 Ton, up to 30M span), Double Girder EOT Cranes (10-200 Ton, up to 40M span), Goliath/Gantry Cranes, Semi-Goliath Cranes, A-Frame Cranes, Jib Cranes (250kg-20 tons), 360 Degree Flexi Cranes (50-800kg), Telescopic EOT Cranes, Underslung Cranes, and Light Crane Systems. The company manufactures its own K2 Hoist product line (Single and Double Girder wire rope hoists from 500kg to 100 tons) and serves as an exclusive distributor of Demag products in India (DVR Rope Hoists, DC-Com and DC-PRO Chain Hoists). Supporting products include Special/Transfer Trolleys, Electric Winches, Crane Accessories (kits, wire ropes, end carriages, control panels), and Automation & Control Systems (Standard Controls, Smartlift/Smartdrive Controllers, XY-Zero Control, Radio Remote Controllers). Specialized offerings encompass Metallurgical Cranes, Port and Container Handling Cranes, Power Industry Cranes, Intelligent Cranes for automation, and Intelligent Spreader components. The company provides comprehensive services including crane breakdown/repair, AMC contracts, retrofitting, modification, modernization, inspection, and training. As an authorized distributor for Weihua products, the company extends its reach into specialized and intelligent crane markets.

Differentiator

Problem solved

Functional benefit

Brands

• K2 Hoist: Electrically operated single girder and double girder wire rope hoists manufactured at K2's modern manufacturing facility.
• K2 My-Hoist

Products and services

• Single Girder EOT Crane Overhead traveling crane with one box girder supported by end trucks on each side, suitable for lifting and shifting loads from 250kg to 15 Ton up to 30M span. Available in top running or under running designs for industrial customers requiring light to medium lifting capacity.
• Double Girder EOT Crane Overhead crane with two torsion-free box girders suitable for lifting and transporting loads over 10 Ton and spans of more than 25M. Available with load capacities up to 200 Ton and spans up to 40M for heavy industrial applications.
• Goliath/Gantry Crane Overhead crane with single or double girder establishment supported by separate legs that move on wheels or rail system. Designed for outdoor application and heavy machinery manufacturing, automobile industry, and shipping yards.
• Semi-Goliath Crane Crane with horizontal lifting beam supported by one floor mounted rail and one raised rail. Ideal supplement for outdoor applications where outer side of existing building can be used to mount gantry rails.
• A-Frame Crane Portable, lightweight, and affordable lifting solution with sturdy A-frame designs. Available as mobile (wheeled) or fixed options, suitable for indoor and outdoor applications for light to medium lifting capabilities.
• Jib Crane Overhead lifting device for smaller work cell areas for repetitive and unique lifting tasks. Consists of a pillar fixed to wall or mounted on floor supporting a horizontal jib or boom with movable hoist. Capacities range from 250kg to 20 tons.
• 360 Degree Flexi Crane Compact-sized lifting solution with lightweight, flexible design optimizing workshop space. Features 360-degree free rotation with no dead angles, lifting capacities from 50kg to 800kg, and working radius and lifting height of 2500mm.
• Telescopic EOT Crane Crane designed for enhanced reach and flexibility in areas where conventional cranes face access limitations. Features telescopic extension mechanism for efficient handling of loads in confined or hard-to-reach spaces with compact design.
• Underslung Crane Crane attached to existing roof structure without need for columns to support runway. Maximizes customer floor space and mobility, ideal for applications with limited available headroom.
• LCS - Light Crane System Easily operable light crane system that boosts production efficiency, reduces workloads in installation and relocation. Requires light force to operate keeping work safe and ergonomic, transfers loads along smooth three-dimensional lines.
• K2 Hoist Single Girder Electrically operated single girder wire rope hoist manufactured at K2's modern facility. Capacity ranges from 500kg to 100 tons with single speed/dual speed design. Low Head Room (LHR) type available for space constraints.
• K2 Hoist Double Girder Combination of fixed mounted-type with double-rail trolley operated on double girder. Features high-efficient lifting and traveling system with frequency conversion control, braking energy feedback, and safety monitoring system.
• Metallurgical Cranes Specialized cranes for metallurgical applications including Double Girder Casting Crane, Four Girder Casting Crane, Forging Crane, Quenching Crane, and Metallurgical Gantry Crane, designed for high-temperature resistance and continuous operation in steel plants and foundries.
• Port and Container Handling Cranes Cranes for port and container handling including Rail Mounted Container Gantry Crane, Rubber Tyred Container Gantry Crane, Portal Crane, Quayside Container Crane, Ship unloader with Grap, Container Straddle Carrier, and Stacker and Reclaimer.
• Power Industry Cranes Cranes for power industry applications including crane in main building of Power Plant, Pumped storage main building crane, Nuclear Turbine House Crane, Nuclear Waste CNC Crane, and Rain Crossing Crane.
• Intelligent Cranes Automated material handling cranes including Automatic Bulk Material Handling Crane, Automatic Steel Coil Handling Crane, and Automatic Plate Handling Crane for industrial automation applications.
• Crane Accessories and Kits Complete crane kits and components including wire ropes, end carriages, control panels, DSL systems, and radio remote controls for building single girder or double girder cranes, supplied to independent crane makers worldwide.
• Special Trolley / Transfer Trolley Transfer trolleys designed to run on Rails/Square Bars for specific customer applications. Typical applications in Paint Shops, Garages, Multi Bay workshops and Warehouses. Control through Pendants or Remote Control with power feeding via cable reeling drum or shrouded Bus bar systems.
• Electric Crane Winches Electric crane winches suited for installation on cranes and derricks as main hoisting mechanism. Driven by electric power providing reliability for lifting heavy loads efficiently and safely.
• Crane Automation & Control Systems Sophisticated crane control automation systems including Standard Controls (Pendant, Radio Pushbutton), Smartlift/Smartdrive Controllers with microprocessor for variable speed control, XY-Zero Control for load swing elimination, and Radio Remote Controllers.
• Intelligent Spreader and Components Intelligent lifting components including Electrohydraulic Six-Row Grab, Intelligent Spreader for Aluminum Ingot, Steel Plate Sucker, Down Rotary, Container Spreader, Peiner Grab with Double Jaw, and Spreader Changing systems.
• DEMAG DVR Rope Hoist Single Girder High-efficiency and productivity Demag rope hoist distributed by K2 Cranes in India with extensive product portfolio for customizable solutions. Capacities up to 12.5 tonnes. Features modular design for rope hoist configuration.
• DEMAG DVR Rope Hoist Double Girder Demag rope hoist distributed by K2 Cranes in India with high efficiency and productivity for double girder applications. Capacities up to 80 tonnes. Features narrow gauge track from 900mm with uniform wheel load distribution.
• DEMAG DC-Com Chain Hoist Chain hoist distributed by K2 Cranes in India for everyday needs with simplicity and reliability in proven Demag quality. Capacities from 125kg to 5 tons. Features FEM classification 1Am and 2m, 24V contactor control, and two hoist speeds as standard.
• DEMAG DC-PRO Chain Hoist Fully featured, highly versatile Demag chain hoist distributed by K2 Cranes in India with many integrated standard features. Capacities up to 5,000kg. Features two lifting speeds, operating limit switches, elapsed operating time counter, and duty factor 60%.
• Crane Maintenance Services (AMC) Annual Maintenance Contract services including preventive maintenance, corrective maintenance, modernization and refurbishment, load testing, safety certification, crane inspection, and training for industrial crane customers.
• Crane Break Down & Repair Services Breakdown support services for any manufacturers crane (Indian/overseas) with quick response time, emergency shutdown support, and field services.
• Crane Retrofitting & Modification Retrofit and modernization services including capacity upgrades, automation integration, performance enhancement solutions, and crane shifting and relocation.

Quantifiable outcome

• 4000+ active cranes installed across India and export markets
• +3 more outcomes

Named customers13 records

Segments10 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• Henan Weihua Heavy Machinery Co., Ltd.coreChannel Partner/ Reseller/ DistributorK2 Cranes is an authorized distributor for Henan Weihua Heavy Machinery Co., Ltd., offering a comprehensive range of Weihua products including specialized and intelligent cranes across multiple sectors. This collaboration provides diverse crane solutions and intelligent components, reflecting dedication to quality and innovation.
• Demag (Terex MHPS GmbH)coreChannel Partner/ Reseller/ DistributorExclusive distributor of Demag products in India, one of the world's largest hoist manufacturers. K2 Cranes leverages 75 years of Demag expertise in crane and hoist design and manufacturing through this strategic partnership.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Liebherr: Global German-Swiss heavy equipment group with broad crane and material handling coverage including port, crawler, and industrial cranes. Larger broad incumbent overlapping with K2 in port, steel, and shipyard applications where K2 also positions.
• Demag (Terex Material Handling): German-origin premium hoist and crane manufacturer (now part of Terex MHPS GmbH) and K2's exclusive distribution partner in India. Direct product overlap with K2's EOT and hoist lines; competes in the same metallurgy, power, and port applications globally.
• Konecranes: Finnish global leader in overhead cranes, hoists, and port solutions with a broad product portfolio and large service network. Highly comparable to K2 across EOT cranes, hoists, and aftermarket services, but operates at global incumbent scale rather than India-specialised mid-tier.
• Cargotec (Hiab / Kalmar / MacGregor): Finnish-listed global cargo and load handling company with port, marine, and on-road load handling solutions. Overlaps with K2's port and container handling crane product line and global service-driven business model.

Direct peers

• Street Crane Company: UK's largest manufacturer of overhead cranes, hoists, and crane components, in technology partnership with K2. Closely comparable product range and customer type (industrial overhead lifting) - a regional incumbent to K2's market.
• Henan Weihua Heavy Machinery: One of China's largest crane manufacturers producing EOT, gantry, port, and metallurgical cranes, and K2's authorised distribution partner in India. Same EOT/gantry/port product architecture and competitive in the same Indian specification battles.
• ElectroMech Material Handling Systems: India-headquartered EOT crane and custom material handling solutions provider serving automotive, steel, power, and cement plants. Closest direct India competitor by product range, customer verticals, and engineering-led custom-build model.
• Action Construction Equipment (ACE): Indian-listed crane and construction equipment manufacturer with overlapping EOT, mobile, and tower crane product lines. Directly comparable as a domestic Indian competitor fighting for the same enterprise tenders and aftermarket service contracts.

Emerging players

• Henan Mine Crane: Chinese overhead and gantry crane manufacturer competing in steel mill, workshop, and warehouse lifting. Comparable emerging China-based player whose pricing pressure on bridge and gantry cranes is increasingly felt in India's mid-tier market where K2 also competes.

Regional players

• TIL Limited: Indian heavy equipment and crane manufacturer (formerly Tractors India Limited) with mobile and Pick-and-Carry cranes. Comparable as India-based crane manufacturer serving infrastructure and industrial customers, though focused on mobile rather than overhead EOT cranes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/k2cranespvtltd
• Facebookfacebook.com/436205706522877

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about K2Cranes