Innovative Financing Solutions

The Construction Equipment (CE) financing industry has been making efforts to enhance access to finance with several disruptive innovations, which are outlined in this paper. The adoption of alternative financing methods led by increasing financial and digital literacy has provided an enabling environment for innovative models to emerge. Against this backdrop, ICEMA together with various stakeholders across the value chain is working towards building a robust financial ecosystem for the CE industry in India.

The Indian CE industry is enthused by the encouraging words of Mr K V Kamath, Chairman, National Bank for Financing Infrastructure and Development (NaBFID) “Infrastructure is the bedrock of a nation. And the construction equipment industry makes infrastructure happen”.