Tata Motors and Srei Equipment Finance Limited, a wholly owned subsidiary of Srei Infrastructure Finance Limited,have signed a memorandum of understanding(MoU),for financing commercial vehicles with major focus on construction and mining tippers.
As per Devendra Kumar Vyas,CEO, Srei, the partnership programme will allow customers to acquire their preferred brand of vehicle with customised financing solutions.
Further,he added that, the partnership will facilitate Srei to drive its Asset Life Cycle management solutions and multiple customer programmes.