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Automobilty > Blog > CV (Commercial Vehicles) > Scania India drives Financing forward with new partnerships
CV (Commercial Vehicles)

Scania India drives Financing forward with new partnerships

Automobility
Last updated: June 4, 2025 12:05 pm
Automobility
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Staff Writer
Chennai: India: In a strategic move aimed at enhancing customer accessibility and driving business growth, Scania Commercial Vehicles India Pvt. Ltd. has announced service agreements with multiple financial solutions providers. The initiative is designed to offer a wider array of financing options for customers operating in the mining, infrastructure, and transport sectors—segments known for their intensive demand on commercial vehicles.

The collaboration signifies a key step forward in Scania India’s Solutions Sales strategy, integrating financial services directly into the vehicle purchasing process. By partnering with established financial facilitators, the company aims to simplify the financing journey for its clients, making ownership of its high-performance trucks more seamless and financially viable.

Among the finance facilitation companies onboarded through this initiative are Hyderabad-based True Blue Asset Services Pvt. Ltd., and two Mumbai-based firms—CorpCare Investech Private Limited and Connect Residuary Private Limited. These partners bring with them an expansive network of banking and non-banking financial institutions (NBFCs), deep experience in asset financing, and a strong understanding of sector-specific customer requirements.

Through these partnerships, Scania India customers will gain access to a range of custom-built financial products, including structured equated monthly installments (EMIs), flexible leasing models, and repayment terms tailored to seasonal or project-based cash flows. One of the key advantages of the program is its emphasis on streamlined documentation and quicker approval cycles, which will help businesses minimize downtime and maintain operational momentum.

Speaking about the initiative, Mr. Silvio Munhoz, Managing Director of Scania Commercial Vehicles India Pvt. Ltd., underscored the importance of enabling growth through ease of finance. “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,” he said. “By building strong financial partnerships, we are not just enabling vehicle purchases but empowering businesses to scale with confidence, backed by solutions that support their long-term growth.”

The initiative aligns with Scania’s broader commitment to a customer-first philosophy, where financial empowerment plays a critical role in enhancing the ownership experience. It is also a timely move, as infrastructure and mining projects across India scale up and require robust logistics solutions that can be acquired and deployed without financing hurdles.

By embedding finance solutions into its core commercial offering, Scania India is not only addressing key customer pain points but also positioning itself as a comprehensive, value-driven partner in its clients’ growth journeys. The company’s renewed emphasis on making high-performance commercial vehicles more accessible comes at a time when the Indian economy is placing greater focus on infrastructure expansion and sustainability—both of which are key pillars in Scania’s operational blueprint.

With this development, Scania India is poised to strengthen its footprint in the heavy-duty and off-road vehicle segments, while reaffirming its role as an enabler of enterprise success across the nation.

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