It sounds like Akshya Fincon is actively supporting the rapid growth of the auto sector, particularly with the shift toward green energy and electric vehicles (EVs). Here are some key points that reflect their services:
Post-COVID Growth in the Auto Sector: The auto sector in India is growing rapidly post-COVID, driven by the push for electric vehicles (EVs) across both passenger and commercial segments. Akshya Fincon seems to be tapping into this trend by offering specialized financial services.
Support for EV Transition: With the goal of transitioning vehicles to green energy (EVs) by 2030 in India, Akshya Fincon is positioning itself as a key player in helping manufacturers, especially in the EV space, secure funding for their operations.
Manufacturing & Trading Support: They are providing funding for both manufacturing and trading operations, helping companies scale their production capabilities to meet growing demand in the EV market.
Working Capital & Machinery Finance: Akshya Fincon is focusing on providing working capital to mid-level manufacturing units that need financial support to meet production requirements. They also offer financing for machinery such as CNC machines, VMC machines, auto cutting, and sheet cutting, which are essential for producing high-quality components for EVs and other vehicles.
Vendor Support: Not only are they supporting EV manufacturers directly, but they are also helping the vendors that supply components and materials to these manufacturing units.
It seems Akshya Fincon is playing a pivotal role in the green energy shift within the auto sector. If you’re interested in any specific financing options or have more questions regarding these services, feel free to ask!
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