Quippo Construction Equipment Ltd. provides a unique rental proposition - an alternative to "buy" in the area of Real Estate, Infrastructure, Mining, Industrial Construction, Bridges & Highways etc. Running since 10 years, the Company has established itself as a pioneer in the sector with its 35 locations across the country
There are few key players in the rental industry in India who work through their network in the country. SREI was the first to introduce the concept of equipment rental in India by establishing Quippo, to promote equipment renting rather than ownership. Today it is one of the largest organized equipment rental company in India. There are also few other regional rental companies, besides an estimated 10000 unorganized small players. The top 10 players together have an estimated market size of around 30 - 40 percent.
Equipment majors/ in India strongly believe that the renting industry holds huge potential, specifically for smaller equipment and also for small to medium size contractors.