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Deepak Pachauri
05 Jun 2025

Scania India Partners with Finance Firms to Ease Vehicle Buying for Mining and Transport Sectors

By Deepak Pachauri News Date 05 Jun 2025

Scania India Partners with Finance Firms to Ease Vehicle Buying for Mining and Transport Sectors

A Customer-Centric Move to Enhance Financial Accessibility

Scania Commercial Vehicles India has announced strategic partnerships with three leading financial services providers to ease financing options for customers across the mining, infrastructure, and transport sectors. The announcement was made on June 4, 2025, with the aim of integrating financing into the vehicle purchase journey.

This collaboration is designed to simplify the buying experience and make Scania’s premium commercial vehicles more accessible to fleet operators and businesses operating in high-demand sectors.

Key Highlights of Scania’s Finance Partnerships

The new partnerships are designed to make ownership easier by offering financial flexibility tailored to customer needs.

  • Three Finance Firms Onboard:
    Scania signed formal agreements with Hyderabad-based True Blue Asset Services, and Mumbai-based CorpCare Investech Private Limited and Connect Residuary Private Limited.
     
  • Pan-India Lending Network:
    These firms bring access to multiple financial institutions, expanding Scania’s ability to offer diverse and competitive financing products.
     
  • Simplified Process:
    Customers can benefit from streamlined documentation, faster loan approvals, and reduced processing times.
     
  • Flexible Financing Options:
    The offerings include structured EMI plans, leasing models, and customized repayment terms suitable for off-road and heavy-duty vehicle buyers.

Statements from Scania Leadership

“Our customers operate in some of the most demanding sectors of the economy. Access to fast, flexible financing should never be a barrier to progress,” said Silvio Munhoz, Managing Director of Scania Commercial Vehicles India.

He added that this move aligns with the company’s broader Solutions Sales growth strategy, ensuring that financing challenges do not hinder customers’ operational goals.

Scania’s Continued Commitment to India

Scania has been operating in India since 2007, with a stronghold in the mining and construction segments. Its Narasapura facility in Karnataka, spread over 37 acres with a production center of 125,794 sq. ft., serves as a critical hub for regional manufacturing and supply.

To ensure a seamless experience for customers, the company also works closely with mining dealer PPS Motors and operates a well-distributed service network, supported by a central parts warehouse in Nagpur.

Global Strength, Local Impact

Scania Commercial Vehicles AB, the parent company, operates in over 100 countries, with a global workforce of more than 50,000 employees. While it is a key player in the heavy commercial vehicle space, it also provides industrial, marine, and power generation engines, keeping a sharp focus on sustainable transport solutions.

Scania’s vehicles are engineered to support alternative and renewable fuels, aligning with global efforts to reduce carbon emissions and promote cleaner technologies.

Outlook: Supporting Growth in Demanding Sectors

With these new financing partnerships, Scania India aims to support businesses that play crucial roles in national development. The integration of accessible financing into its offerings is expected to attract more customers from industries where timely vehicle acquisition is vital for operational efficiency.

This move strengthens Scania’s position as a customer-first brand, offering not just robust products but also the financial tools that help businesses grow.

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