Shriram Finance’s CV Portfolio in Gujarat Crosses ₹5,300 Cr

Business MInutes

India’s commercial vehicle (CV) financing market remains robust, fueled by rising infrastructure activity, logistics demand, and improving rural cash flows. Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs) continue to drive growth in last-mile deliveries and inter-city transport. 


Ports (Mundra, Kandla, Hazira) and petrochemical–textile industries create heavy cargo movement for CVs. The Delhi–Mumbai Industrial Corridor and strong highway network drive long-haul transport demand.


Shriram Finance’s CV financing portfolio in Gujarat has crossed ₹5,300 crore as of June 2025, reflecting the region’s strong market traction. The CV segment's all-India Assets Under Management (AUM) as of Q1 FY26 totals ₹123,132 crore. 


Mr. Nilesh Odedara, Joint Managing Director, Shriram Finance, said, “As India’s leading hub for ports, petrochemicals, and textiles, Gujarat continues to generate strong cargo movement. We see immense opportunity here and are working closely with OEMs and dealers to finance both new and pre-owned commercial vehicles that keep this engine moving.”


Looking ahead, Shriram Finance plans to deepen its presence across Gujarat through enhanced OEM and dealer alliances, launch innovative tailored CV financing products, and roll out digital self-service platforms powered by smart intelligence to deliver seamless credit access. The company will focus on rural and tier-2 penetration, customized repayment for small fleet operators, and data-driven decisioning to speed approvals.


Shriram Finance is working to further consolidate its leadership by capturing demand from infrastructure build-outs, logistics expansion, and fleet replacement cycles.


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