Press release from Business Wire India
Source: LeasePlan Fleet Management India Pvt. Ltd.
Monday, April 12, 2010 05:32 PM IST (12:02 PM GMT)
Editors: General: Consumer interest; Business: Automotives, Business services, Energy companies, Transport engineering; Automotive
LeasePlan Selected as the Fleet Management Partner of BHEL (Bharat Heavy Electricals Ltd)
LeasePlan to Supply and Manage a Fleet of 120 Cars for BHEL
New Delhi, Delhi, India, Monday, April 12, 2010 -- (Business Wire India) -- LeasePlan India, country's largest operational leasing & fleet management company and a subsidiary of LeasePlan Corporation N.V., The Netherlands, today announced a strategic tie-up with Bharat Heavy Electricals Ltd (BHEL) as their Fleet Management partner. As part of the deal LeasePlan will supply and manage over 120 cars for BHEL across 15 locations within the country, including all metros and cities like Bhopal, Jhansi, Trichy, Haridwar, Ranipet, Jagdishpur, etc.
LeasePlan has achieved its No.1 position in India through its worldwide experience, pan India presence, extensive network of relationships with vehicle manufacturers and dealers and robust service delivery framework.
BHEL will be leveraging on LeasePlan's services to provide a fleet of vehicles to its executive staff members comprising of the Board of Directors, Executive Directors & GM Incharge (GMIs).
Speaking on the occasion, Mr. Rahul Maroli, General Manager- Commercial, LeasePlan India said, "We are delighted to work with BHEL. This is an important landmark in our growth story as our relationship with BHEL is a great reference that validates our commitment to quality and value that we bring to our customers."
Speaking on the occasion, a senior BHEL official said, "BHEL has always been at the forefront of adopting innovative ways and means to keep administrative and other allied non-core costs in control. Operational leasing of vehicles and outsourcing fleet management helps us effectively provide the executive management staff added comfort in a very cost effective manner. We are sure that LeasePlan's expertise and vast experience in fleet management will make this a very fruitful partnership for us."
Similar to corporates, PSU and government departments have been benefiting from LeasePlan's vehicle lease solution that offers them simplified budgeting through pre-determined lease rentals, hassle-free administration, risk free maintenance management and a host of value added services. LeasePlan India has over 1200 clients and manages a fleet of over 13000 cars across the country.
About LeasePlan India Pvt. Limited
LeasePlan is the world's leading vehicle leasing and fleet management company. In India, LeasePlan commenced operations in 1999. LeasePlan India is a wholly owned subsidiary of LeasePlan Corporation which is held 50% by the Volkswagen group and 50% by Fleet Investments B.V. With operations in 30 countries, LeasePlan has developed a trusted reputation for delivering market-leading fleet management solutions.
Headquartered in Gurgaon, LeasePlan India has grown exponentially since its inception, to a national network spread across Mumbai, Bangalore Kolkata, Chennai, Hyderabad and Pune. LeasePlan today manages a fleet of over 13,000 cars.
As India's #1 operational car leasing company, LeasePlan delivers comprehensive range of corporate car mobility solutions. Its services include fleet acquisition, insurance, maintenance through the life cycle of the vehicle and accident management. LeasePlan also provides comprehensive fleet management reporting to facilitate easier decision-making along with monitoring the latest developments in vehicle financing and fleet management techniques that affect business. LeasePlan India works with over 1200 corporate clients in the country.
With over 45 years of experience, LeasePlan manages a total fleet of 1.4 million cars worldwide.
About BHEL (Bharat Heavy Electricals Limited)
BHEL is the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector. It was established more than 40 years ago, ushering in the indigenous Heavy Electrical Equipment industry in India - a dream that has been more than realized with a well-recognized track record of performance. The company has been earning profits continuously since 1971-72 and paying dividends since 1976-77.
BHEL manufactures over 180 products under 30 major product groups and caters to core sectors of the Indian Economy viz., Power Generation & Transmission, Industry, Transportation, Telecommunication, Renewable Energy, etc. The wide network of BHEL's 15 manufacturing divisions, four Power Sector regional centres, over 100 project sites, eight service centres and 18 regional offices, enables the Company to promptly serve its customers and provide them with suitable products, systems and services - efficiently and at competitive prices. The high level of quality & reliability of its products is due to the emphasis on design, engineering and manufacturing to international standards by acquiring and adapting some of the best technologies from leading companies in the world, together with technologies developed in its own R&D centres.
Ashima Jain, Mutual PR, +91 9312879111, email@example.com
CONSUMER, AUTOMOTIVE, BUSINESS SERVICES, ENERGY, TRANSPORT, AUTOMOTIVE
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