Jun 22 2017 | India Opportunities
SEFL to double its equipment finance portfolio in Rajasthan
Srei Equipment Finance Ltd (SEFL) gears up to double its portfolio in Rajasthan in the next two to three years. The company aims to expand the asset portfolio, launch new digital initiatives and plans to transform the equipment financing landscape in Rajasthan. SEFL has been a pioneer in shaping the construction and mining equipment industry of India.
Commenting on the company's future plans in the state, Mr. Devendra Kumar Vyas, Chief Executive Officer, Srei Equipment Finance Limited, said: "We are planning to significantly increase our portfolio in Rajasthan in next couple of years. The Indian construction and mining equipment industry is poised to grow at about 20+% for the next three to four years and larger states like Rajasthan are displaying greater potential. We aim to increase our presence to the last mile."