Srei Infrastructure Finance’s wholly owned subsidiary - Srei Equipment Finance has signed a Memorandum of Understanding (MoU) with Tata Motors. The MoU is to finance commercial vehicles with a special focus on construction and mining tippers.
The preferred financier agreement would allow both Srei and Tata Motors to explore enhanced growth prospects in the heavy-duty tipper truck segment in the country.
Srei Infrastructure Finance (SREI) lends for financing infrastructure projects across sectors such as roads, ports, mining and power as well as purchase of infrastructure equipment.