Shriram Finance Ltd.

Shriram Automall India (SAMIL), a wholly-owned subsidiary of Shriram Transport Finance Company, has tied up with Escorts to assist its authorised dealers in the disposal of pre-owned tractors.

Under the tie-up, SAMIL will be entitled to conduct exclusive bidding events at the dealers' premises of Escorts and facilitate disposal at its yards as well. With an impressive sales growth in recent days, Escorts has been accorded as India's 3rd fastest growing company. This association with SAMIL is aimed at adding more value to its existing success.

Shriram Transport Finance is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC. The company was with an objective to provide hire purchase and lease finance for the medium and heavy commercial vehicles to individual truck operators.