This year, our focus is to provide customised financing solutions covering the entire asset life-cycle to our customers.

Devendra Kumar Vyas, CEO, Srei Equipment Finance Ltd

Srei Equipment Finance Ltd, a wholly-owned subsidiary of Srei Infrastructure Finance Ltd, is one of the leading equipment financing companies in India offers a wide range of equipment financing solutions to customers. For the current edition of EXCON, Srei has tied up with leading reputed global equipment manufacturers and is coming up with a lot of exciting schemes for its customers at the event. This year, our focus is to provide customised financing solutions covering the entire asset life-cycle to our customers, Devendra Kumar Vyas, CEO, Srei Equipment Finance Ltd said.

He adds, “We will also be launching exciting leasing schemes and also loyalty schemes for our customers. Our customers can also participate in commercial games to win attractive interest rates and terms.” Vyas further assures that the company’s customer engagement activities will not be limited to the venue, but will instead be carried out across the country.

As a tradition, Srei will organise a get-together called ‘Milap’ with all its manufacturer partners on the eve of the inaugural day. “Milap celebrates the spirit of partnership and acknowledges the support and contribution of our manufacturer partners in our growth,” said Vyas.

Stage is all set for the mega event
EXCON, organised by Confederation of Indian Industry (CII) and supported by Indian Construction Equipment Manufacturers Association (ICEMA), is one of the largest construction equipment exhibitions in Asia and the largest event for construction equipment in South East Asia. The exhibition will showcase a wide variety of equipment, technology and products with specific emphasis on efficiency, productivity, environment and safety. This edition of EXCON is expected to be the biggest in terms of sheer size and magnitude with more than 1,000 exhibitors and 40,000 business visitors. “Like every edition, we are expecting a lot of new and innovative product launches from our manufacturer partners,” said Vyas.

He adds, “Events like EXCON serve as confluence ground for all industry participants – manufacturers, customers, financiers and regulators. It provides us a perfect platform to meet our key stakeholders and understand their needs. We generate a lot of enquiries and eventual business at the event. We generated more than Rs 500 crore of business during the last edition of EXCON in 2015. The equipment sales (units) have grown at a CAGR of around 23 per cent in the last two financial years. We are hopeful that our business during the event will reflect the industry trend.”

Like each edition, Srei aims to have a big presence at the event this year. “You can experience technological innovation in equipment financing, audio-visual treats, with fun and engaging activities at our stall,” promises Vyas.

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