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Sany, Union Bank collaborate to provide financial support to its customer

To provide growth and opportunities across the country along with enhanced financial support to its customers

Caterpillar’s digital-enabled solutions

Caterpillar Inc., the world’s largest manufacturer of construction and mining equipment, showcased its world-class products equipped with advanced technology and digital-enabled service solutions at bauma CONEXPO INDIA.

Caterpillar’s digital-enabled solutions at bauma

Caterpillar exhibit featured a technology ecosystem to help customers get the most from their machines.

The next 10 years will be an important period for mining in India

Karthik Bala, Mining Regional Manager, Resource Industries Sales, Services and Technology, Caterpillar India, speaks on the company’s technological offerings for the mining segment.

Tata Motors, Equitas SFB join hands for small CV customers

Tata Motors, India’s largest commercial vehicle manufacturer, has signed a five-year Memorandum of Understanding (MoU) with Equitas SFB, one of the country’s largest small finance banks, to bring a set of attractive financial solutions to its customers.

Tata Motors, Equitas SFB join hands for small CV customers

Tata Motors will leverage Equitas SFB’s strong network across the country, spanning 861 branches and 550+ CV customer touchpoints, to make these solutions accessible for customers.

Tata Motors partners with J&K Bank to bring attractive financing options for its customers

The partnership will enable easy commercial vehicle financing at competitive interest rates and extended loan tenure

Tata Motors, SBI join hands to offer financial solutions to CV customers

Tata Motors, India’s largest commercial vehicle manufacturer, has inked a three-year MoU with the State Bank of India (SBI), the country’s leading public sector bank, to offer unique financial assistance for the purchase of Tata Motors’ range of small and light commercial vehicles

Our plan has always been to localise our manufacturing in India

CASE Construction ÁùºÏ²Ê¿ª½±¼Ç¼ is built on the principle that simple is better. Sharing more on the company's operations and recent launches is Neil Woodfin, Vice President, CE AMEA and CE Global Alliance, CASE International SA.

Cat Financial Launches India Operations

Cat Financial India will enable Caterpillar India dealers to provide financial solutions in a responsive and timely manner to meet customer's needs and support them in expanding their business opportunities.

Cat Financial launches India operations

Caterpillar Financial Services India (Cat Financial India), a wholly owned subsidiary of Caterpillar Inc, announced the launch of its India operations effective July 1, 2019.

On Sustainable Growth

Devendra Kumar Vyas, Managing Director, Srei ÁùºÏ²Ê¿ª½±¼Ç¼ Finance, elaborates on the key factors that drive the growth and the emerging market trends in equipment finance.

CE finance outlook

Financing accounts for approximately 80-85 per cent of the total equipment purchased. In the case of overseas purchases, it accounts for approximately 90 per cent.

We expect good growth in HD truck segment

The mining and construction segments account for around 30 per cent of total heavy-duty (HD) truck market in India. But the segments have been facing tough times for the last 2-3 years.

Every third piece of equipment is financed by us

Overall, we see growth coming from earthmoving, road, and material handling equipment categories. More than 60 per cent of the equipment comprises earthmoving equipment (backhoe loaders, hydraulic excavators, wheel loader, etc).

Bauma is an important platform for the industry

Basis various industry reports, In FY16, the disbursement in the construction equipment financing (CEF) industry was Rs 243 billion, down about 5 per cent from Rs 255 billion in FY15. However, In FY17, the CEF industry is expected to have a turnaround and grow about +5 per cent (from -5 per cent in FY 16) and grow about 15 per cent in FY18.