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 Ritchie Bros. Auctioneers, the world's largest industrial auctioneer, will conduct its first ever auction in India-In Hyderabad on September 25, 2009. A large selection of construction, transportation and agricultural equipment items will be sold with no minimum bids or reserve prices on auction day. The unreserved public auction is expected to attract an international crowd of bidders.
"We already have hundreds of Indian customers who have travelled to experience the benefits of a Ritchie Bros. auction in person," said Sameer Malhotra, Ritchie Bros. Country Manager, India. "They are attracted by the large selection of used and unused equipment; the exciting atmosphere; and most of all, the fair and transparent bidding process. Now it's time to bring that experience closer to home."
Established in 1958, Ritchie Bros. Auctioneers is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. The company has over 110 locations in more than 25 countries, including 39 auction sites worldwide. Ritchie Bros. sells, through unreserved public auctions, a broad range of used and unused industrial assets, including equipment, trucks and other assets utilised in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries.
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