Delhi: Quipo, the Indian Infrastructure Equipment-promoted
equipment bank, has opened its first hub in Gurgaon, Haryana.
rents out infrastructure building and construction machinery.
In order to avoid long periods of idle time of their equipment,
equipment owners can register with Quipo, which in turn
hires them out to project developers and contractors.
will result in a win-win situation for all parties. Owners
receive an income from hitherto idle equipment, contractors
lower their costs by not having to purchase top line equipment
outright nor have to worry about their maintenance,"
says Quipo chairman and managing director Sunil Kanoria.
streamline the entire process of equipment availability,
renting and their servicing, Quipo is setting up strategically-located
will be much more than a mere warehouse for available
These hubs will be a centre for display, demonstration,
training, servicing and maintenance, says Kanoria.
plans to open two more hubs in Hyderabad and Mumbai.