Business EconomyPosted at: Sep 30 2026 3:18PM


Sund Fin partners with GMT Engineers for seamless financing for Advanced Metal Forming Machinery

Chennai, Sep 30 (UNI) NBFC Sundaram Finance Ltd (SFL) on Wednesday entered into a strategic partnership with GMT Engineers Pvt. Ltd., a leading supplier of metal forming machinery and automation solutions in South India.
The partnership aims to provide manufacturers with quick, convenient, and customised financing solutions for the purchase of GMT Engineer's advanced range of CNC bending machines, fiber laser cutting systems, power presses, and automation equipment.
The collaboration is designed to support small and medium-sized manufacturers, job shops, and industrial enterprises by simplifying access to capital and enabling faster acquisition of world-class manufacturing technology. Customers will benefit from SFL'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.
Speaking on the partnership, BS Prasad, Managing Director, GMT Engineers said "This strategic partnership with Sundaram Finance marks a significant milestone for our customers in facilitating seamless financing options for our metal forming machines. Our mission is to equip South Indian manufacturers with the advanced high-volume
CNC bending machines, fiber laser cutting systems, and power presses they need to scale sustainably. With the combination of ready-stock machines and seamless, quick-turnaround financing from Sundaram Finance, our customers can focus on maximizing their production and growing their order books, allowing them to take on larger contracts with absolute confidence."
Rahul Jyoti Kumaran, Senior General Manager & Head - SME, SFL said "At Sundaram Finance, we remain deeply committed to supporting India's manufacturing growth story by enabling easier access to finance for MSMEs and emerging enterprises. As the country advances its 'Make in India' vision, access to modern, productivity-enhancing equipment is critical for manufacturers seeking to improve quality, scale operations, and compete globally. Through our partnership with GMT Engineers Pvt. Ltd., we aim to make advanced metal forming and automation solutions more accessible to businesses across South India, including customers in underserved industrial clusters."
The partnership reinforces SFL's commitment to supporting India's manufacturing sector by making technology adoption more accessible and helping enterprises invest confidently in productivity-enhancing equipment, a company statement said.
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