May 24, 2024

One of the leading and fastest growing infrastructure equipment rental companies in India- Jitender Aggarwal, Chairman & Managing Director, AGGCON Equipments International Pvt Ltd.

As AGGCON has completed 20 years, please tell us about AGGCON. When was it founded and how has it evolved since then?

The journey, over these 20 years, has been the story of conviction, path breaking rental solutions, excellence, courage, and commitment. To commemorate 20 years of AGGCON’s illustrious journey and in the honour of Shri B.M. Aggarwal, Chairman AGGCON group & India’s  ‘man of equipment rentals’, a postal stamp was released by Shri Sarbananda Sonowal, Hon’ble Minister for Ports, Shipping and Waterways, at PHDCCI’s 118th Annual Session in Vigyan Bhawan, New Delhi last month, Today, AGGCON has become one of the leading and fastest growing infrastructure and mining equipment rental companies in India and has an integrated operations network in all states and union territories of India. We provide all equipments including specialized equipments on rental basis across India including the latest technology equipments and cranes for installation/erection of Wind Turbine Generators (WTG).

How do you see AGGCON in next few years?

Our company has performed well in last three years and added many equipments in the fleet.  We will keep moving ahead and serving the infrastructure sector with excellence. There is a great demand for equipment in India, with investment in renewables, public infrastructure such as high-speed rail, and the construction of gigafactories. We are investing in heavy lift XCMG cranes in support of wind turbine erection projects. We are also looking to takeover some small rental companies of Europe /UK to start our operations internationally.

You represented rental industry at European Rental Convention in Maastricht, Netherlands and at BRICS in South Africa. How will it help rental industry?

Yes, I represented infrastructure equipment rental industry atEuropean Rental Convention and BRICS2023. I am one of the founding members of CERA (Construction Equipment Rental Association). It is important for Indian Rental industry to work closely with Global Rental Alliance (GRA) and European Rental Association (ERA) to bring transformation and global standards here. I have suggested Global Exchange programmes for rental industry worldwide to bring uniformity ad modern practices. About BRICS, we can say that member nations are now increasingly seen as a powerful voice of the Global South and emerging economies. Infrastructure is the focus of all the countries and rental industry will play a bigger role in future. Further expansion of BRICS will help rental industry to go global with Bharat playing a pivotal role in shaping the BRICS of the future.

You have been appointed as advocate of G20 EMPOWER? Please brief us, what is it about?

Yes, I am an advocate for G20 EMPOWER (Empowerment and Progression of Women’s Economic Representation), a private sector initiative and part of overall G20, focussing on women empowerment. Our CSR programme called – “EWOT – Empowering Women of Tomorrow” focuses on ensuring free education to every girl child of AGGCON team member and training of women team members to prepare them for bigger roles in the equipment rental industry.

You started a mission – Tree of Friendship in infrastructure sector. Please tell us about it.

AGGCON always cares for sustainable development and environment and adopted the G20 goals – LiFE (Lifestyle for Environment) and One Earth, One Family, One Future. We started a mission – Tree of Friendship, our CSR initiative to reduce carbon footprints.  It is green practice of planting or donating a tree when our machines arrive at any project site. We also gift to tree to the visitors at our head office. It is an effort to sensitize people to plant tree and care for environment. We are also motivating our team members to come to office on cycles and we give incentive to our team members for being a non-polluter.