On September 18, 2017, EquipNet Inc.’s subsidiary, EquipNet India Pvt. Ltd., celebrated its 10th anniversary within the surplus asset management market. EquipNet is widely recognized as the global leader in helping leading manufacturers track, manage, sell, and purchase surplus laboratory instrumentation and manufacturing equipment. The Indian subsidiary has been operating from its Mumbai headquarters since 2007.
“Surplus asset management is being recognised as increasingly critical, and many companies realise that they do not have the resource or skill base to tackle the issue in-house,” said Krishnamoorthy Vishwanathan, Managing Director of EquipNet India. “Choosing when to invest internal resources in a specific activity and when to seek external help is a tough, but essential management task. Defining and focusing on core company strengths and recognizing the need for expert support in other areas will ensure operational efficiency and can have a major impact on the bottom line. As EquipNet India celebrates 10 years of uninterrupted service to companies, we take this opportunity to thank all of our clients for helping us to succeed.”