easePlan Fleet Management India (LPFM), the wholly-owned subsidiary of LeasePlan Corporation, Netherlands, has stepped on the accelerator. For more than four years after coming into India, it had crawled along in the slow lane. In the next one year, it is looking to expand its portfolio of 7,000 vehicles to over 10,000, "significantly increase" its client base from the current 260, and hopes to take its turnover to Rs 450 crore from Rs 300 crore in 2003-2004.

That�s a tall order, but LPFM has a virtually free run in the business. A far cry from the taxi-rentals that most companies are used to, its approach is professional and addresses all the issues a company might have pertaining to managing its fleet. LPFM�s services include analysis of a company�s existing fleet, car policies, vehicle requirements and investment potential. Based on this, the company works out a client�s vehicle acquisition programme, formulates its vehicle financing and maintenance programmes, besides orchestrating a resale of the cars at the end of the contract period. ... more