Quippo was a prime participant in the Equipment India Conference held on 14 and 15 September, 2012. During the conference, DK Sinha, National Head—Sales & Marketing, presented Quippo’s unique service model of Asset Maintenance and Management-Fleet Management.Quippo Construction Equipment (QCEL) has, over the past decade, established itself as the largest service provider of holistic construction equipment solution. An initiative of the SREI Group promoted by the Kanorias, Quippo has brought new dimensions in the sector of construction equipment services encompassing Rental, Fleet Maintenance, Refurbishment, Valuation, Auction and Sales. It was the innovative initiative of QCEL’s CEO, HS Bhattacharjya that brought out a realistic service solution termed as Fleet Management Services. For over two years now, QCEL has been managing about 500 pieces of equipment on a monthly basis, ranging from road construction, lifting material, concreting equipment, etc, from 35 yards across the country.The most common challenges faced by the banks, NBFCs and project developers with respect to repossessed and idle fleet are in the areas of managing manpower, parking, logistics, security, equipment maintenance, and disposal..To manage these challenges of asset management identified by various banks, NBFCs and project developers, Quippo has been providing a bouquet of services like:•Equipment parking: The pan-Indian presence answers the challenges with respect to equipment parking and logistics anywhere in India.•Round-the-clock security: Dedicated security services handle the issues of security thus eliminating/reducing the risk of external/internal frauds/thefts.•Inspection/cleaning and regular washing and regular maintenance activities•Assessing equipment •Providing repair estimate and repairing upon approval•Valuation and auctioning services manage the disposal activities for the customers.Thus the benefits for banks/NBFCs/project developers are immense:•This ensures savings in manpower, travelling, administrative and security cost.•Ensuring equipment under control at all times through regular inventory reports•Hassle-free release of assets•Enhanced equipment health through timely cleaning and maintenance at all time along with well managed yards•SPOC at all yards at all times to answer/settle queries•Continuous support from a technical competent team•Support for disposal of equipment through a competent valuation team•Last but not the least, high realisable value of the fleetAG C1T HoseGates has launched AG C1T hose for use in medium pressure hydraulic lines.The specially developed AG hose meets the SAE 100R1 Type AT standards and is an ideal product for use in agricultural segment where tractor trolley and tillers are used for hydraulic lifting at medium pressure.This hose has been specially designed for medium pressure hydraulic lines with single braid high tensile steel wire as reinforcement and abrasion resistant cover. The product was launched in the market in June and has been widely accepted in the replacement market.