India financing market: Shriram Finance continues to provide financial support to commercial vehicles in Maharashtra; New momentum for LCV and HCV purchases

• Boom in transport sector in Maharashtra
• Continuous growth in CV financing of Shriram Finance
• Empowering Small-Medium Transport Operators with the support of Shriram Finance

India financing market: The commercial vehicle (CV) financing market in India has maintained its strength due to rapid infrastructure development in the country, strong growth in freight traffic and improved cash flow in rural areas. Light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs) are driving growth in freight and intra-city transport in all corners of the country. Shriram Finance is working hard to further strengthen its leadership position in the financing sector by driving demand for vehicle purchases through infrastructure development, expansion of the freight sector and fleet replacement.

Shriram Finance’s CV financing portfolio for Maharashtra alone has reached a whopping Rs 11,205 crore by the end of September 2025. It is clear from these statistics that there is continuity in the demand for financing in the market. The company’s India-wide AUM for CV vehicles has jumped to Rs 1 lakh 28 thousand 140 crores for the same period. These figures reflect that the company is at the forefront of providing loans for commercial vehicle purchases.

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Shriram Finance’s Pan-India Commercial Vehicle Division Joint Managing Director and Chief Executive Officer Shri. Sudarshan Hola Balnad said, “Maharashtra’s strong industrial base and logistics corridors taking shape in the state have resulted in sustained demand for commercial vehicles and a further boost to freight movement during the festive season. Our focus is on making fleet operators and transport entrepreneurs more financially viable by offering them various financing options. Our initiative will not only increase their operational efficiency but also help them achieve defined and profitable growth targets.”

Going forward, Shriram Finance will focus on further expanding its presence in the market by strengthening partnerships with OEM companies and vehicle dealers in Maharashtra. Also, the company will focus on providing instant and more continuous credit through digital solutions. The aim of the company is to reach more areas in the semi-urban and rural markets. This will provide more strength to numerous businessmen who transport goods through small vehicles and also increase the efficiency of transport across the state.

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SHRIRAM FINANCE LIMITED

Shriram Finance Limited is the flagship company of the Shriram Group which has significant presence in consumer finance, life insurance, general insurance, stock broking and distribution businesses. Shriram Finance Limited is one of India’s largest retail asset financing non-banking finance companies (NBFC) with assets under management (AUM) of Rs. 2.81 trillion is over. Established in 1979, Shriram Finance is a holistic finance provider catering to the needs of small road transport operators and small business owners. Leading in organized financing of pre-owned commercial vehicles and two-wheelers.

They have a vertically integrated business model and provide financial support to a range of products including passenger commercial vehicles, loans to micro and small and medium enterprises (MSMEs), tractors and farm equipment, gold, personal loans and working capital loans. Over the past 45 years, they have developed strong capabilities in the areas of loan origination, valuation of pre-owned commercial vehicles and other assets and collections. The company has a pan-India presence, a network of 3,225 branches and 78,833 employees serving 96.64 lakh customers.