During the course of an exclusive interaction with NBM&CW, Mr. H S Bhattacharya, CEO & Director, Quippo Construction Equipment Ltd & Quippo Valuers & Auctioneers Pvt Ltd, informed, "Primarily, we are an organized equipment rental organization who also offer Equipment related services. We also propose to embark on productivity based rentals. Well, over the years, Quippo has built a huge talent pool and we want to leverage on that. Moreover, we have 8 hubs and 32 spokes across the country alongside workshop facilities. This makes Quippo the largest equipment rental company. We also focus on offering comprehensive and exhaustive solution to the rental customers.
Commenting on the rental market scenario, he said, "Today, people are inclined to take equipment on rent because of liquidity issues. On the other hand, with the effect of slowdown there's an influx of machinery in the market." Expressing views on how the economy can bounce back from the slowdown, he observed, "Government's policies are very important in the infrastructure segment. There should be a strong emphasis to remove the taxation hindrances."
"Nonetheless," he continued, "we are hopeful of improvements. I am very optimistic that in the coming days, there will be inflow of funds in the market and projects will take off. Rental business in India is bound to grow in the long run, and companies with strong self-belief and inherent capabilities will continue to get stronger."