CSI Leasing, Inc., headquartered in St. Louis, MO, one of the largest independent equipment leasing companies, has expanded its Asia-Pacific operations to India. This expansion complements CSI’s existing footprint in the region, which includes offices in Malaysia, Singapore, Hong Kong, China and Australia.
With more than 70 offices worldwide, nearly five decades of experience and more than $2 billion in leased assets, CSI specializes in renting and leasing of technology and other equipment to multinational and domestic businesses and organizations.
“India represents a significant opportunity for CSI. The increased demand from our existing global customers, as well as the domestic market opportunity, encouraged us to commence operations in India,” said Arnaldo Rodriguez, President of CSI Leasing, Inc. “We are also aligning with several large global Indian service providers and equipment vendors, further strengthening our position as the premier international source for IT and business infrastructure equipment leasing. Our commitment to enhancing our global customer experience is at the core of what we do, and I believe this expansion to India is proof.”
Industry-veteran Simi Thapar will serve as Chief Country Officer of CSI Renting India. She comes to CSI with more than two decades of experience in the equipment leasing industry, specializing in project and asset financing, commercial loans, leasing, advisory services, and structured and digital lending solutions. Prior to CSI, she was Business Head of Equipment Finance and Leasing Solutions at Tata Capital Financial Services Limited in Mumbai, India. While at Tata Capital, Thapar was responsible for establishing new business lines in alliance with Tokyo Century Corporation (TC), CSI Leasing’s parent company, in connection with TC’s venture into the Indian leasing market. For eight years, she was responsible for P&L of the business vertical and built a sustainable business that yielded strong ROE.
“CSI is an industry leader recognized worldwide and has continuously invested in international growth. Leasing business in India is witnessing an unprecedented interest. I am delighted they have chosen to expand to India and honored they have asked me to lead their expansion,” said Thapar. “CSI has been investing in customers’ equipment solutions for nearly five decades. OEMs and vendors, as well as multinational and domestic companies throughout India can now leverage CSI’s vast service offering. Customers will also benefit from a unique digital experience via its online asset tool, MyCSI. I am also very much looking forward to attracting the best talent to grow the business for CSI in India.”
In addition to leasing, CSI’s subsidiary companies offer end-of-life IT asset disposal solutions that provide data sanitization, remarketing and recycling for technology equipment with a vast network of facilities strategically located around the world, including throughout Asia-Pacific.