India is a growing economy with huge urbanization and has so much more to build. The construction equipment leasing business is the upcoming business sector in which suppliers and other professionals can rent out unused or idle equipment to other contractors and professionals. Governments of many developing countries are consistently emphasizing on fixing the nation's infrastructure deficit in order to improve the quality of life and strengthen economic competitiveness. In the current scenario, there is an evident growth in the global infrastructure sector.
“With the projects ongoing - The Bharatmala Project, High Speed Rail Project, Metro Projects, and many other projects there is a sudden boost in the Construction Equipment Rental industry. Many new opportunities have developed. This exceptional growth has created a high demand for the equipment for the big players like L&T, Afcons, and so on, which has increased the demand for the rental industry. There is also a paradigm shift in the strategies of companies. Many companies have started renting out the equipment instead of buying which has also played a major role in bringing the boost”, speaks Avi Gupta, MD, S.D. Infrastructure.
S.D. Infrastructure is a Construction Equipment Rental company. Initially the company started with Renting out pack-hoe loader. Later, the firm entered into the self loading concrete mixers and ventured into the piling industry in 2018. Today, the company has more than 100 equipment which includes, powerful Piling Rigs, Self Loading Concrete Mixers, Cranes, and Excavators. To maintain strict quality standards across their equipment, the firm conducts daily checks by the site staff, and monthly checks by the specialized maintenance team.
Working With Client Focus Approach
Today, the major expectations of clients include fast mobilization of equipment, well maintained equipment, prompt response in case of any breakdown, and well trained operators with the equipment. To meet the expectations of the clients, S.D. Infrastructure has developed a specialised team for training the operators on site.
The firm has also developed strict standards for maintenance and has trained the operators to operate the machine as well as carry out basic maintenance to minimize the breakdowns. S.D. Infrastructure also provides 24*7 service teams at various locations across the country to carry out maintenance and curb the breakdown.
“The major factor that differentiates us from our peers is the consultancy that we provide to our clients in deriving new techniques to achieve the work faster. Our diverse range of equipment enables us to provide the most suitable tools for the job which results in saving client’s costs.
Deepak Gupta, Chairman & CEO
We not only provide equipment on rent but also provide consultancy to our clients, to develop strategic values and derive new methods for completing the job. We have in-house service teams and various stock keeping unit across the country for timely and quick service of the equipments. Thanks to the diligent team who have helped the company to become one of the largest equipment rental companies of India”, says Avi.
The major factor that differentiates us from our peers is the consultancy that we provide to our clients in deriving new techniques to achieve the work faster
The outlook for the future of the equipment rental industry is very positive. This market is expected to see a CAGR of five percent between 2019 and 2026, reaching 145.22 billion by that time. That's up from 98.21 billion in 2018. Moving forward, the firm plans to expand their fleet in specialized equipment like Tunnel boring machines, Diaphragm wall machine, and expanding operations overseas.
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