Monday, October 22, 2007

“It’s like going to a specialized shop or going to a large mall”

Currently, the main competitors for SREI are behemoths like ICICI, GE & Citibank. Argues Kanoria, “But the entire business model that we have (the integrated model), there is no other competitor, which is offering this entire thing in a similar fashion that we are.” While ICICI Bank, GE Capital or Citibank can provide only financing of equipments; for other services like leasing or rental, deposit of equipments, they have to come to SREI. SREI even helps them to sell equipments in the domestic, as well as the international market, via auctions. Kanoria sums it up, “It’s like going to a specialized shop or going to a large mall.”
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative