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“Financial management a challenge in rental industry.”
Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.
Tackling Supply and Quality Concerns in CE Rentals
As demand surges, particularly driven by infrastructure developments in regions like Asia-Pacific, stakeholders face pressing issues ranging from availability mismatches to concerns over maintenance standards.
US CE rental sales to rise 12.5% in 2022
The American Rental Association (ARA) forecasts significant growth for equipment rental revenue in the United States this year despite economic indicators being described as mixed and uncertain.
CICEE 2023 gets tremendous response from Indian CE rental industry
CERA India took great pride in representing 45-50 Indian delegates who collectively showcased the Indian rental fraternity on this influential platform.
Grading the Future
The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.
Rentals Imperative for Growth
Satin Sachdeva, Founder and Secretary General, Construction Equipment Rental Association (CERA) elaborates on the importance of rental market in the growth of construction equipment industry.
Pushing Growth
Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.
"Rental companies are backbone of Indian CE market"
For the next two years, at least the construction equipment rental companies will have to work both in an environment of uncertainty as well as promise of strong market.