GEAR was founded in 2007 with a view to capitalize on the enormous opportunity presented by the infrastructure equipment rental services industry in India. The Company focuses on providing turnkey solutions to E&C companies and breaks its business divisions into 3 distinct segments:
a) buying assets for the "spot" rentals;
b) Procuring assets to service specific large infrastructure projects being undertaken by its clients - "long term" rentals and
c) Providing equipment procurement and management services to clients.
The Company is promoted and backed by two private equity investment firms, Berggruen Holdings and Cycladic Capital.
Over the past four years GEAR has grown to become India's largest professionally managed pure-play equipment rental company. The Company currently employs over 600 employees across over a 100 sites and 6 regional offices across India. GEAR currently serves in excess of 80 clients which include all leading engineering and construction companies (L&T, Gammon, Punj Lloyd, HCC, IVRCL, Shapurji Pallonji to name a few)
GEAR offers to its clients a reliable equipment outsourcing proposition underpinned by its young, updated equipment fleet, superior level of service and best-of-breed maintenance. Its USPs are:
- Young, modern Fleet
- Availability of trained, skilled operators
-Intensive fleet maintenance and up-gradation programme to ensure minimal downtime
- Strict observation of health and safety standards, mitigating risk of accidents on site which tend to spoil the reputation of the project principal
-Pan-India presence
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