インドのサプライチェーンファイナンス市場の評価：オファリング別、プロバイダー別、用途別、エンドユーザー別、地域別、機会、予測、2018年～2032年

インドのサプライチェーンファイナンスの市場規模は、2025年～2032年の予測期間中に9.24％のCAGRで拡大し、2024年の4億351万米ドルから2032年には8億1,829万米ドルに成長すると予測されています。サプライチェーンファイナンスに関する競争や新規契約の増加、運転資金調達需要の増加、新興国の中小企業によるサプライチェーンファイナンス導入の急増、政府の取り組み、デジタル技術の採用などの競合要因がサプライチェーンファイナンス市場の成長をもたらしています。サプライチェーンファイナンスは、運転資金を最適化し、買い手と売り手のサプライチェーン障害リスクを軽減する短期信用を提供します。サプライチェーンファイナンスは、高度な技術によって自動化された請求書に対する早期支払いをサプライヤーに提供します。

インド政府は、国内のサプライチェーンファイナンス関連の成長を後押しするため、様々なイニシアチブをとっています。その中には、メイクインインディアイニシアチブ、生産連動型インセンティブ、インド半導体ミッション、産業回廊開発プログラム、国家物流政策などがあります。サプライチェーンファイナンス市場はメイクインインディアイニシアチブの影響を受けるとみられています。これは、インド国内で間接的に製品を製造することを企業に奨励するもので、それによって原材料や部品などの需要が増加します。生産連動インセンティブ・プログラムに基づく財政的インセンティブは、生産量の増加を達成した選ばれた企業に支払われるため、企業は確実に製造能力を拡大し、生産能力を拡大し、サプライチェーンファイナンス市場にさらに間接的に利益をもたらすことになります。

サプライチェーンファイナンス市場の成長を後押ししているのは、技術革新とデジタル化の進展です。Fintech新興企業は、サプライチェーン内で発生する金融取引の最適化という主要なプロセスの一翼を担っており、現金割引の提供に対して買い手による早期支払いの機会を強化するAPI対応サービスを利用したダイナミックモデルを開発しています。これにより、市場における業務効率、透明性、柔軟性が向上します。ブロックチェーン技術とスマートコントラクトの採用は、リスク軽減に役立つため、サプライチェーンに安全性と完全性を提供します。

当レポートでは、インドのサプライチェーンファイナンス市場について調査し、市場の概要とともに、オファリング別、プロバイダー別、用途別、エンドユーザー別、地域別動向、および市場に参入する企業のプロファイルなどを提供しています。

目次

第1章 調査手法

第2章 プロジェクトの範囲と定義

第3章 エグゼクティブサマリー

第4章 顧客の声

第5章 インドのサプライチェーンファイナンス市場の見通し、2018年～2032年

• 市場規模と予測
• 市場シェア分析と予測
• 市場マップ分析、2024年
  • オファリング別
  • プロバイダー別
  • 用途別
  • エンドユーザー別
  • 地域別

第6章 需要供給分析

第7章 バリューチェーン分析

第8章 ポーターのファイブフォース分析

第9章 PESTEL分析

第10章 コスト構造分析

第11章 市場力学

第12章 市場の動向と発展

第13章 ケーススタディ

第14章 競合情勢

• 市場リーダートップ5の競合マトリックス
• 参入企業トップ5のSWOT分析
• 市場トップ10の主要参入企業の情勢
  • Axis Bank Limited
  • State Bank of India
  • Housing Development Finance Corporation Limited
  • ICICI Bank Limited
  • Bank of India Limited
  • Yes Bank Limited
  • Equentia Financial Service Private Limited NBFC (CredAble)
  • Kotak Mahindra Bank Limited
  • IDFC FIRST Bank
  • Standard Chartered PLC

第15章 戦略的提言

第16章 お問い合わせと免責事項

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Supply Chain Finance Market, By Value, In USD Million, FY2018-FY2032F
• Figure 2. India Supply Chain Finance Market Share (%), By Offering, FY2018-FY2032F
• Figure 3. India Supply Chain Finance Market Share (%), By Provider, FY2018-FY2032F
• Figure 4. India Supply Chain Finance Market Share (%), By Application, FY2018-FY2032F
• Figure 5. India Supply Chain Finance Market Share (%), By End-user, FY2018-FY2032F
• Figure 6. India Supply Chain Finance Market Share (%), By Region, FY2018-FY2032F
• Figure 7. By Offering Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 8. By Provider Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 9. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 10. By End-user Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 11. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2024

India Supply Chain Finance market is projected to witness a CAGR of 9.24% during the forecast period FY2025-FY2032, growing from USD 403.51 million in FY2024 to USD 818.29 million in FY2032. Factors such as increasing competition and new agreements regarding supply chain finance, increasing demand for working capital financing, surge in adoption of supply chain finance by small and medium-sized enterprises in developing countries, government initiatives, and the adoption of digital technologies have led to growth in the supply chain finance market. Supply chain finance provides short-term credit that optimizes the working capital and reduces the risk of supply chain disturbance for the buyers and sellers. It provides the supplier with early payments on their invoices as they are automated using advanced technology.

In February 2024, Mumbai-based supply chain financing platform, Cashinvoice, raised USD 3.4 million in its Series A round from HDFC Bank, Pravega Ventures, and Accion Venture Labs. This current funding round enabled them to strengthen their end-to-end supply chain finance offerings and extend footprints to deep tiers of the supply chain. Many micro and small firms are unable to secure critical working capital for their daily operations. Overall, supply chain finance provides significant tools for managing liquidity, risk mitigation, and promoting cooperation among supply chain partners.

Government Initiatives Fuel Growth in the Market

The Indian government has taken various initiatives to boost growth related to supply chain finance in the country. Some of these are Make in India Initiative, Production Linked Incentives, India Semiconductor Mission, Industrial Corridor Development Program, and National Logistics Policy. The supply chain finance market will bear the effect of the Make in India initiative, which is intended to increase domestic production by enhancing manufacturing. It encourages businesses to manufacture products in India indirectly, which thereby increases the demand for raw materials, components, and others. The financial incentives under the Production Linked Incentive program will be paid to selected companies for achieving incremental production, which will ensure that companies expand their manufacturing capabilities and grow production capacities, further indirectly benefiting the supply chain finance market.

Technological Advancements Boost the Market Growth

Innovation in technology and a rise in the adoption of digitalization have been important in fueling growth of the supply chain finance market. Fintech startups are part of the major process of optimization of financial transactions occurring within the supply chain, as they develop a dynamic model using API-enabled services that enhance the early payment opportunity by the buyers against offering cash discounts. This increases operational efficiency, transparency, and flexibility in market. The adoption of blockchain technology and smart contracts provides security and integrity to the supply chain as it helps in risk mitigation.

In June 2023, ICICI Bank launched an industry-first and one-of-its-kind digital B2B ecosystem platform, Digital Financial and Supply Chain Platform, to enable corporates to digitize end-to-end integration with their supply chain constituents, dealers, vendors, and other micro, small, and medium enterprises, for day-to-day business transactions and payments or collection, as well as availing of channel financing from ICICI Bank at a click of the button.

Banks are Dominating India Supply Chain Finance Market

The market share of supply chain finance in the country is dominated by banks. It provides working capital loans, invoice discounting facilities, and letters of credit to name only a few of the many sundry financing options. Moreover, it is the area-wide network, financial knowledge, and access to capital that they utilize in coming up with structured finance solutions for businesses. They help companies manage financial risks associated with their supply chains thus providing risk mitigation services. They have built relationships with their customers, allowing them to provide financing solutions that cater to their needs. Supportive environment provided by the Reserve Bank of India has promoted banks to give supply chain finance solutions to their customers.

State Bank of India provides two schemes under supply chain finance, the Electronic Vendor Financing Scheme (e-VFS) and the Electronic Dealer Financing Scheme (e-DFS). These web-based platforms provide paperless banking and real-time transfer of funds, which is fully customizable as per the business requirements.

West and Central India to Dominate Market Share

The west and central region of India is dominating the supply chain finance market share. Major cities in India such as Mumbai, Bangalore, Delhi, and Chennai are the main hubs of supply chain finance activities due to the presence of major financial institutions, banks, and a strong infrastructure. In this region, Mumbai is the leading city in India for supply chain finance as it is home to many headquarters of banks and financial institutions. The city has a firmly established financial ecosystem, which has enabled the growth of supply chain finance activities.

South India is emerging as the fastest region due to increased liquidity for businesses, enhanced supply chain efficiency, and overall economic development.

Future Market Scenario (FY2025 - FY2032F)

In June 2024, CredAble, a leading FinTech launched its new product Revolving Short-Term Loans as a part of MSME lending. It will broaden access to credit and allow MSMEs to find solutions to their working capital difficulties.

The new product uses CredAble's low-code technology to alter underwriting procedures and create new standards in the MSME lending industry.

The supply chain finance market is in its rapid growth phase, and the enhancements are being carried out by the key players, which would soon take the market to another level.

Key Players Landscape and Outlook

India supply chain finance market is highly competitive as companies offer working capital loans and other financial products that help an organization meet its operational needs. In the advanced economy, all the companies use techniques such as partnerships and collaboration with FinTech companies and mergers and acquisitions to provide the best products will lead to growth of market. These techniques drive innovation, efficiency, and market expansion, leading to a dynamic business environment.

Recently in January 2024, Yes Bank unveiled SmartFin, a complete digital end-to-end supply chain finance (SCF) platform with Veefin Solutions. SmartFin allows digital SCF loans to dealers and suppliers of corporate clients to achieve their strategic business objectives of working capital efficiency, market extensions, acceleration of sales, and enhancing the partnership of supply chain. Built from the ground, digital onboarding, credit underwriting, loan management, and transaction processing within the platform are all-encompassing and completely redefined in terms of availability for SCF products.

Table of Contents

1. Research Methodology

2. Project Scope and Definitions

3. Executive Summary

4. Voice of Customer

• 4.1. Demographics (Age/Cohort Analysis - Baby Boomers and GenX, Millennials, Gen Z; Gender; Income - Low, Mid and High; Geography; Nationality; etc.)
• 4.2. Market Awareness and Product Information
• 4.3. Brand Awareness and Loyalty
• 4.4. Factors Considered in Purchase Decision
  • 4.4.1. Type of Offering
  • 4.4.2. Cost
  • 4.4.3. Quality
  • 4.4.4. Risk management
  • 4.4.5. Capacity
• 4.5. Customer Support

5. India Supply Chain Finance Market Outlook, FY2018-FY2032F

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Offering
    • 5.2.1.1. Export and Import Bills
    • 5.2.1.2. Letter of Credit
    • 5.2.1.3. Performance Bonds
    • 5.2.1.4. Shipping Guarantees
  • 5.2.2. By Provider
    • 5.2.2.1. Banks
    • 5.2.2.2. Trade Finance House
  • 5.2.3. By Application
    • 5.2.3.1. Domestic
    • 5.2.3.2. International
  • 5.2.4. By End-user
    • 5.2.4.1. Large Enterprises
    • 5.2.4.2. Small and Medium-sized Enterprises
  • 5.2.5. By Region
    • 5.2.5.1. North
    • 5.2.5.2. South
    • 5.2.5.3. East
    • 5.2.5.4. West and Central
  • 5.2.6. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.3. Market Map Analysis, FY2024
  • 5.3.1. By Offering
  • 5.3.2. By Provider
  • 5.3.3. By Application
  • 5.3.4. By End-user
  • 5.3.5. By Region

6. Demand Supply Analysis

7. Value Chain Analysis

8. Porter's Five Forces Analysis

9. PESTEL Analysis

10. Cost Structure Analysis

11. Market Dynamics

• 11.1. Growth Drivers
• 11.2. Growth Inhibitors (Challenges and Restraints)

12. Market Trends and Developments

13. Case Studies

14. Competitive Landscape

• 14.1. Competition Matrix of Top 5 Market Leaders
• 14.2. SWOT Analysis for Top 5 Players
• 14.3. Key Players Landscape for Top 10 Market Players
  • 14.3.1. Axis Bank Limited
    • 14.3.1.1. Company Details
    • 14.3.1.2. Key Management Personnel
    • 14.3.1.3. Products and Services
    • 14.3.1.4. Financials (As Reported)
    • 14.3.1.5. Key Market Focus and Geographical Presence
    • 14.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 14.3.2. State Bank of India
  • 14.3.3. Housing Development Finance Corporation Limited
  • 14.3.4. ICICI Bank Limited
  • 14.3.5. Bank of India Limited
  • 14.3.6. Yes Bank Limited
  • 14.3.7. Equentia Financial Service Private Limited NBFC (CredAble)
  • 14.3.8. Kotak Mahindra Bank Limited
  • 14.3.9. IDFC FIRST Bank
  • 14.3.10. Standard Chartered PLC

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

15. Strategic Recommendations

16. About Us and Disclaimer