Excavators to Dominate

Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold.

The demand for crawler excavators will reach 23,000 units by 2017

In view of the government's resolve to contain the fiscal deficit within the planned target, it will be difficult to spend heavily on infrastructure at the moment; however, the situation is expected to improve after the 2014 elections

Realising the mining potential

SEFC has already attained the most prominent position in the CE finance space

We have drawn a three-year plan and in the first tranche, we are well on track. The next three years will be a mixed bag of challenges and opportunities and we will capitalise on the same and consolidate our position to be one of the largest NBFCs in this segment, says Akshaya Nayak, Head Administration and Legal, SEFC.

Financing CE sector

Shriram Equipment Finance offers a variety of financial products to conclusively meet the requirement of all customers and manufacturers/dealers in the construction equipment industry.