The 50:50 JV partners " Srei Infrastructure Finance and BNP Paribas " plan to invest Rs 100 crore each to expand Srei Equipment Finance. This will increase the networth of Srei Equipment to Rs 1,667 crore. The equipment finance business, which grew by close to 50 per cent last year, is likely to grow by 25 per cent this year.
Contact: Srei Equipment Finance.
Tel: 022-6160 7734.
Website: www.srei.com