Srei Equipment Finance (SEFL) has received a funding of 10 million euro from Germany-based KfW IPEX-Bank. With the successful closure of this export financing transaction, KfW IPEX-Bank is enabling export of construction machinery for SEFL to India. The bank is helping to provide modern and energy-efficient construction machinery for use in the Indian infrastructure projects. The financed machinery products include asphalt machines, road pavers and rollers. Devendra Kumar Vyas, MD, SEFL, informed that it is encouraging to witness KfW IPEX-Bank's continued partnership as Srei believes in creating an equipment life cycle solution for our customers and in that endeavour, manufacturer partnerships become crucial. This initiative will help its German and European manufacturing partners to benefit from strong customer connect, in addition to the agile risk understanding in credit buying. Andreas Ufer, member of the management board of KfW IPEX-Bank informed that the company looks forward to more such programs and in these times it is important to support the German and European export industry. The financing is backed by cover from credit insurer Euler Hermes.
📅Published on:
08 September 2020
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
