亚博体育官网首页

Renting equipment: What to do and what not to
Equipment

Renting equipment: What to do and what not to

The global construction equipment rental market is expected to grow at a CAGR of 5.1 per cent through to 2029, with the Asia-Pacific region contributing the most to this expansion. In India, infrastructure development is especially boosting demand for rental construction equipment. While that spells good news for rental companies, users are facing challenges on account of the spurt in demand. Here, they outline the top issues and ways to mitigate them.

Short supply

The primary challenge for both suppliers and users in the equipment hiring landscape is to match the demand and availability on a given instance for a specific location, opines Unmesh Nerkar, Executive Vice President - Supply Chain Management, Tata Projects. 鈥淭he dearth of good quality aggregators accentuates the problem. Our norms on equipment ageing are more stringent than the market standards, which reduces the fleet universe for us to choose from.鈥�

To read the full story, CLICK HERE.

The global construction equipment rental market is expected to grow at a CAGR of 5.1 per cent through to 2029, with the Asia-Pacific region contributing the most to this expansion. In India, infrastructure development is especially boosting demand for rental construction equipment. While that spells good news for rental companies, users are facing challenges on account of the spurt in demand. Here, they outline the top issues and ways to mitigate them.Short supplyThe primary challenge for both suppliers and users in the equipment hiring landscape is to match the demand and availability on a given instance for a specific location, opines Unmesh Nerkar, Executive Vice President - Supply Chain Management, Tata Projects. 鈥淭he dearth of good quality aggregators accentuates the problem. Our norms on equipment ageing are more stringent than the market standards, which reduces the fleet universe for us to choose from.鈥漈o read the full story, CLICK HERE.

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement