India Bulls to expand fleet; become total solutions provider for many infra sectors

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 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