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Eyeing New Heights

The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.

The Rise of Equipment Rental

The equipment rental market in India is expected to continue its growth trajectory in the coming years, driven by factors such as increasing infrastructure development, rising construction activities, and growing demand for advanced equipment and machinery.

Rental industry preparing for a bright future

India has nearly $2300 million worth of construction equipment sold every year, out of which 7 to 8 per cent is sold to rental companies, writes Mukesh Sharma of Atlas Copco.