Sundaram Finance, a leading NBFC, has entered into a strategic partnership with GMT Engineers Pvt Ltd, a leading supplier of metal forming machinery and automation solutions in South India. According to reports from The Hindu BusinessLine, the collaboration aims to provide manufacturers with quick, convenient, and customised financing solutions for the purchase of GMT Engineer's advanced range of CNC bending machines, fibre laser cutting systems, power presses, and automation equipment.
The partnership is designed to support small and medium-sized manufacturers, job shops, and industrial enterprises by simplifying their access to capital and enabling faster acquisition of manufacturing technology. As reported by The Hindu BusinessLine, customers will benefit from Sundaram Finance's streamlined financing process and GMT Engineers' ready availability of high-performance machinery, helping them expand capacity, improve productivity, and take on larger business opportunities.
According to Rahul Jyoti Kumaran, Senior General Manager & Head - SME, Sundaram Finance, the collaboration supports the country's 'Make in India' vision by making advanced metal forming and automation solutions more accessible to businesses across South India. As reported by The Hindu BusinessLine, the partnership aims to provide customers in underserved industrial clusters with access to modern, productivity-enhancing equipment critical for manufacturers seeking to improve quality, scale operations, and compete globally.
BS Prasad, Managing Director, GMT Engineers Pvt Ltd, stated that with the combination of ready-stock machines and seamless, quick-turnaround financing from Sundaram Finance, their customers can focus on maximising their production and growing their order books. According to The Hindu BusinessLine, this partnership enables manufacturers to access the latest technology without the traditional barriers of capital availability and financing processes.
