Munish Taneja
India Bulls Store, the fully owned, construction equipment rental agency and subsidiary of India Bulls Finance, is expanding its equipment fleet to make the machines available for varied applications. This will position the company as a total solutions provider. It will also strengthen its product support initiatives to ensure higher availability and optimum utilization of the machines.

Said Munish Taneja, President - Equipment Hiring Business, India Bulls Store One, "The company owns 650 units of various equipment such as tower cranes, piling rigs, motor graders, excavators, dozers, hoists, boom placers and rigid dump trucks. We will continue to expand our fleet with the latest equipment to enable operational efficiency and cost-effectiveness with our rental and leasing solutions. The company has recently acquiredfour heavy capacity, LC-550, 20-ton Comansa flattop cranes, and we will acquire more of them as there is a growing demand for above 16-ton cranes coming from precast construction projects."

India Bulls Store has a fleet of 71 tower cranes of 5 to 25 tons of Liebherr, Potain, Zoomlion and Comansa. Its customers include Arihant Realty of Hyderabad, L&T, Shapoorji & Pallonji, KEC, and Godrej Properties, who have used the cranes for high-rise construction. Taneja, informed that trained engineers at India Bulls undertake erection, commissioning and dismantling of the cranes. The company’s offices and warehouses in Mumbai, Gujarat, Bangalore, Chennai and Kolkata extend service and repair work of the cranes.

India Bulls

India Bulls Storeowns over 60 units of road equipment, 65 units of 4x6 rigid dump trucks and 20-30-tonexcavators of Caterpillar, Komatsu and Kobelco. It plans to acquire 45-50 tons of excavators for cement plants. "There is significant growth in concrete road projects, so we will broaden our portfolio with concrete batch mix plants, transit mixers, stationery concrete pumps and boom placers. We also plan to expand our excavator fleet to cater to the requirements of road and mining contractors and commercial quarry ownersand increase our fleet of rigid dump trucks and wheel loaders," informed Taneja
MYCRANE Launches Free Inspections App to Boost Confidence of Crane Rental Customers
A new Inspections App that allows customers to rent lifting equipment with confidence is now available at MYCRANE. Downloaded via Apple or Android stores, the free MYCRANE Inspections App helps prevent fraud and reduces risk by digitalising the crane

Read more ...

CE Industry Need to Find a Balance
With over two-thirds of construction equipment sold in the market being purchased by the rental industry, the market is seeing an imbalance in supply and demand, which has affected rental rates. Satin Sachdeva, Founder & Secretary General, Construction Equipment

Read more ...

Urgent Reforms Needed for Equipment Rental Industry
Global projections for construction equipment rental market are encouraging. According to Mordor Market Report, the construction equipment rental market was valued at USD 118 billion in 2021, and is expected to reach USD 180 billion by 2027

Read more ...

Crane Rental Business Adapting & Growing
Premal Thaker, President, Crane Owners Association of India (COAOI), discusses the scope and financial viability of the construction equipment / crane rental business, and the challenges that rental companies have to contend with in order to sustain their business

Read more ...

Infrastructure Projects Spur Crane Usage
According to Amin Ladha, Managing Director, Modern Crane Service, advantages such as mobility, fast installation and setup time, will increase the usage of mobile cranes and raise their demand in the rental market. Restrictions due to the government enforced lockdown during

Read more ...

Financial Viability Driving Crane Rentals
Manoj Kumar, Marketing Head, Gandhi Cranes, discusses the huge scope for growth of the crane rental industry, provided certain issues are addressed with viable solutions. The pandemic caused many small crane rental companies to sell their cranes. Many sold all their assets including

Read more ...

Rent-A-Machine - An Attractive Option
In this article, construction equipment manufacturing companies JCB, L&T, Case, GHH, and Kobelco, discuss the key factors that are driving their business in the rental space, while rental associations and companies like

Read more ...

Mahindra’s Hello Machine A Reliable Business Partner for Rental Equipment
“For developing countries to develop their infrastructure faster, machine rental is the most effective model in the construction space.” Jalaj Gupta, Business Head, Commercial Vehicles, Mahindra and Mahindra

Read more ...

Time for Rental Companies to Adapt, Consolidate & Perform
Challenging times, like the current pandemic, must drive industries to adapt to the situation, reshape their business strategies, and revisit their growth plans, in order to emerge stronger.

Read more ...

Time for Construction Equipment Rental Industry to Reinvent Itself
Covid-19 pandemic has hit the infrastructure industry severely, and consequently, the equipment rental industry is passing through a challenging phase. The work progress is sluggish and has not started at many sites since

Read more ...

Allcargo: Driving Crane Rental Business
With a fleet of 1000 equipment for all kinds of jobs and over 125 cranes, Allcargo Logistics is at the forefront of the crane rental service in the Indian subcontinent; it is not only providing the machines, but also has

Read more ...

Heavy equipment auctioneer RITCHIE BROS at bauma 2019
Ritchie Bros., a multichannel, multi-solution platform for buying and selling industrial assets, will present its main brands (Ritchie Bros. Auctioneers, IronPlanet, Marketplace-E and Mascus) and latest innovations.

Read more ...

Mtandt exhibits a revolutionary solution for creating  Temporary roads and terrains
Mtandt Ltd, a leading technology and service provider has done it once again ! A new revolutionary product "Portadeck" was showcased this time at the Bauma show. Portadeck was launched recently to meet the

Read more ...

Goldhofer's PST/SL-E and a taxi ride for King Kong
Occupying 20 hectares of land, the Vialand leisure park – with its 26 modern rides – opened in the Eyüp district of Istanbul in 2013 as the first leisure park in the whole of Turkey. Last spring, one of the main attractions

Read more ...

Allcargo Logistics: Surmounting challenges with ingenuous solutions
For India's leading biofuels company, Praj Industries Limited, it was a challenging task to transport a gigantic column — 64m long and weighing 150 metric tons — over a 600km distance from its Kandla SEZ unit

Read more ...

Universal Transport moves ultra-heavy components for an F60 opencast mining conveyor bridge
With the help of Goldhofer heavy-duty modules supplied by Trans A.D.M., Universal Transport, last summer, handled an exceptional transport challenge: delivery of huge replacement components for the

Read more ...

Logistics Industry Outlook, challenges, and technological developments
Logistics is regarded as the backbone of the economy, providing efficient and cost- effective flow of goods on which other commercial sectors depend. The logistics industry in India is evolving rapidly, it is the interplay

Read more ...

Specialized Transportation Room for Collaboration with Stakeholders
With industrial and energy-based projects such as wind power and refineries attaining higher proportions in India, there is need for more collaborative efforts amongst equipment manufacturers

Read more ...

Crane Rental Down, But Not Out
Business sentiments have been depressed in the crane rental industry across categories for some time, especially amongst owners of the higher class of crawler cranes. One of the reasons is the release of cranes from

Read more ...