Siemens Financial Services Private Limited (SFSPL) will provide financial assistance to its customers in the industry, energy and healthcare sectors in the country, as well as for pursuing opportunities in other third party markets.
Axel Scholz, CEO of Siemens Financial Services Commercial Finance Asia Pacific, said this represents a major milestone in the development of Siemens Financial Services in the Asia Pacific region. India is a highly dynamic market with a growing demand for financing in many key segments.
"With the non-banking finance company license, we will be able to offer a range of value added financing solutions to Siemens customers, as well as working with third party vendors and business customers on a direct basis," Scholz said.
