Forging Ahead in India's Equipment Rental Landscape
In the dynamic expanse of Indias construction and heavy lifting sector, Premier Heavy Lift, a flagship within the esteemed Premier Group consortium, isnt merely navigating change; it's orchestrating a symphony of progress. Founded in 2007 by Anil Chaudhary and Som Dutt Sharma, the company commenced with humble origins, adorned with just two cranes. Today, its evolution into an industry leader is marked not only by an impressive fleet exceeding 350 units but also by an ambitious vision ” to ascend as the preeminent equipment rental company in India within the next five years.
Revamping for Unprecedented Excellence
Under the astute leadership of Mr. Chaudhary and Mr. Sharma, Premier Heavy Lift is poised for a transformative journey. Their commitment to ascendancy is underscored by an ambitious plan to rejuvenate the companys fleet. This strategic initiative involves the integration of the latest models of cutting-edge machinery, encompassing state-of-the-art crawler cranes, hydraulic cranes, and tower cranes. Simultaneously, the company seeks to fortify its soil engineering capabilities with advanced piling rigs, piling grabs, and trench cutters.
Chaudhary articulates, Our ambition is unequivocal ” to position Premier Heavy Lift as synonymous with premier and contemporary equipment in the industry. By elevating our fleet comprehensively, our aim is to proffer unparalleled solutions for diverse lifting and engineering needs.
Pioneering Public Presence
Looking toward the future, the directors have set their sights on taking Premier Heavy Lift public within the next five years. The IPO is envisioned as a strategic move to infuse additional funds into the company, facilitating immense growth and market dominance. This step not only aligns with the companys ambition to expand its reach but also signifies its commitment to transparency and accountability in the industry.
Sharma believes that Becoming a publicly-listed company is a pivotal part of our growth strategy. It will provide us with the financial impetus needed to implement our ambitious plans and solidify our position as a market leader.
Venturing into Specialised Sectors
Anticipating significant sectoral growth, Premier Heavy Lift is strategically investing in mega crawler cranes with a lifting capacity exceeding 800 tonne. This foresighted move positions the company to meet the distinctive demands of the windmill sector and the oil and gas industry. The leaders acknowledge the potential for exponential growth in these sectors and are aligning their investments to cater to the specialised requirements of these industries.
Chaudhary notes, Our investment in larger crawler cranes is a testament to our commitment to innovation and adaptability. We envision substantial opportunities in the windmill and oil and gas sectors, aiming to lead in providing specialised lifting solutions.
Leadership Legacy and Vision
Guiding Premier Heavy Lift is CEO Deepak Sangle, a stalwart with over 25 years of industry experience. The leaders express unwavering confidence in Mr. Sangles leadership and strategic prowess, recognising his pivotal role in steering the company through the intricacies of the heavy lifting industry.
Deepak Sangle is a cornerstone of our success. His wealth of experience and visionary approach align seamlessly with our companys ethos. Under his leadership, we are poised to achieve unprecedented milestones, affirms Sharma.
Next-Gen Excellence
Augmenting the seasoned leadership is the next generation of entrepreneurs from the families of Anil Chaudhary and Som Dutt Sharma. Anand Chaudhary, Siddharth Sharma, and Sachin Sharma, equipped with education from renowned institutions globally, bring diverse expertise in finance and project management. This infusion of talent from the next generation is poised to propel Premier Heavy Lift to greater heights, ensuring a seamless transition into the future.
Chaudhary adds, The entry of the next generation marks a significant chapter in our journey. Their global education and expertise will be instrumental in driving innovation and ensuring sustained growth.
Clients and Collaborations
Premier Group collaborates with industry giants and public sector enterprises, including DMRC, LMRC, IRCON, L&T, Tata Projects, Adani, GE, Ultratech, PNC Infratech, ITD Cementation India, Sam India, and SNC Group.
Holistic Synergy
Operational under the umbrella of Premier Group, a consortium comprising multiple companies, Premier Heavy Lift leverages a holistic range of services and expertise. This consortium approach contributes to its position as an industry leader, emphasising the company's comprehensive understanding of the sector.
In summation, Premier Heavy Lift, guided by the vision of its leaders and energised by the next generation, is set to redefine Indias equipment rental industry. The strategic fleet revamping, foray into new sectors, IPO aspirations, and infusion of new leadership collectively underscore Premier Heavy Lifts commitment to excellence, innovation, and sustained growth. As the company charts its course for the future, it not only aspires to be the biggest equipment rental company in India but also to set new benchmarks for the entire industry.