India Infrastructure Equipment Leasing (IIEL) was established in 1999, after the idea was suggested by the World Bank in 1998. as an equipment pool, in that it would rent out equipment and provide value added services to the various users of equipment engaged in development of infrastructure. The equipment pool rent out equipment owned by it and takes deposits from various manufacturers and owners of equipment to various users. The equipment pool also provides services like trained operators, repairs and maintenance of equipment, spare parts and advice on financing options.

IIEL, was established in response to the government of India’s major thrust on infrastructure development. According to GOI estimates approximately USD 200 billion will be required over the next seven to ten years for basic infrastructure projects. Given that twenty percent of the cost of such projects is associated with the required equipment, it is expected that the demand for infrastructure would increase substantially.

Contact
 
Address:
“Vishwakarma” 86C
Topsia Road (South)
Calcutta - 700 046
Phone: +91 33 287 0112
Fax: +91 33 287 542