Munish Taneja, President - Indiabulls Store One
Liquidity concerns are driving the Infrastructure companies to opt for Rental & Leasing solutions.
India is a potential ground of opportunities for the construction and real estate sectors. The country is in a crucial phase of development where numerous projects are running in different regions, propelling the demand for construction and material handling equipment. Analyzing the developments taking place over the decade, there has been significant advancement in the sector. On the supply front, the market has evolved on technology, product utility, variants and on the price front.
Almost all major construction equipment companies across the globe have established their presence in India, but the liquidity concerns are driving the Infrastructure companies to opt for Rental & Leasing solutions. Similarly, on the demand front, the Indian consumer has realized the importance of value proposition, thereby shifting the demand curve towards value driven products, more importantly, quality services and flexibility on usage as per demand.
Today, we are operating pan India and have the capability to provide solutions at extreme locations.
Indiabulls Store One is constantly working towards providing innovative rental & leasing solutions to large and medium sized construction and real estate customers. Our strong product support along with high quality equipment, minimizes the downtime and maximizes profitability for our customers. Today, we are operating pan India and have the capability to provide solutions at extreme locations.
We provide an unmatched distribution network with our yards and support teams available in all the major cities and even at sites in remote locations.
We are offering short and long-term rental and leasing solutions.
In the Rental segment, we are catering to the Real Estate sector, Warehousing, Infrastructure, Roads, Cement, Mining, Metro, Petrochemical, Ports and Railways. We are offering short-term and long-term rentals and leasing solutions to suit the project needs of our customers.
In leasing solutions, we provide operating lease and finance lease solutions, which are tailor made for customers’ specific requirements. Our endeavor is to provide complete project solutions to our customers, by engaging with them from the initial project planning stage. We also procure new equipment as and when required; and we deploy an experienced operation team comprising of engineers, foreman, technicians, electricians and riggers at project sites. This enables our customers to focus on their core business activities and leave the equipment operation and maintenance to us.
In recognition of our efforts, we were adjudged “Outstanding Company in Construction Equipment Rental” by a prominent industry forum in Feb’ 2019.
IoT is being implemented in construction for data gratification and safeguarding of products.
At present, there is a shift towards increasing automation, production enhancement, and safety. A lot of innovations are taking place to develop equipment, specifically customized solutions. There is a requirement for skill development and training of the workforce to make them future-ready for new challenges in the construction industry with respect to accuracy, productivity, cost saving, and efficiency.
Even companies who are replacing or upgrading their existing material handling equipment are inclined towards technology for bringing more efficiency in their performance. IoT is one of the hottest topics in the construction sector, and with good reason. It influences the interaction of technological, economic, social, societal, and individual changes. It is being implemented in construction for data gratification and safeguarding of products. At Indiabulls Store One, we are fully geared to implement these technological advancements as per customer needs.
Indiabulls Store One had added a new vertical for sales & service of new aerial work platforms such as scissor lifts and boom lifts.
In addition to our Rental & Leasing solutions, Indiabulls Store One has added a new vertical for sales & service of new aerial work platforms, which consist of scissor lifts and boom lifts of the best quality and the highest safety. We have our sales outlets for new machine in Mumbai, Ahmedabad, Pune, Gurgaon, Hyderabad, Bengaluru, Chennai and Kolkata. With the new vertical, we will provide high quality new machines at reasonable prices and help customers become competitive in their respective segments.
NBM&CW December 2019
