According to the company, with the launch of Godrej RenTRUST, it now becomes the first Indian OEM to provide end-to-end rental of material handling equipment that serves 3PL, retail, e-commerce, airports and manufacturing industry. RenTRUST will operate pan India.
On the occasion of the strategic announcement, Anil Lingayat, Executive Vice President and Business Head, Godrej Material Handling said, ?In material handling industry, capex in equipment is only 13 per cent of the Total Cost of Ownership (TCO) to a consumer. Godrej RenTRUST, our new rental solutions brand, will address the balance 87 per cent of the TCO pie. We have always been at the forefront of innovation by adopting the latest technologies to offer the best-in-class solutions to our customers. Godrej RenTRUST will provide end-to-end solutions to our customers. We are proud of being the only material handling equipment rental solutions company in India with the widest product range, accessories and value-added services.?
Godrej RenTRUST offers not only the equipment, but also the fuel, service and trained manpower for a variety of applications 24x7. A first for the industry, the digital monitoring system enables customers to have a transparent view of the equipment deployed at their facilities, submit and review logged requests and more. An IoT-enabled fleet management system lets customers track the equipment status, fleet productivity, fleet utilisation, and equipment uptime in real time.