Briefing media persons, Mr. Sameer Malhotra informed that starting from a simple concept initiated in the year 2010 in Delhi, over the last two years SAMIL has evolved into India's Largest Multicity Automobile Exhibition Service Provider offering a much needed platform to buyers to pick from a multitude of brands all under one roof.
Primarily launched as a platform for the business of construction and commercial vehicles used and unused autos, agricultural equipments and industrial implements, Shriram Automall India Limited (SAMIL) offers a helping hand to the end users in ultimately picking out a vehicle that while being affordable fits their requirements adequately and it helps them to modernise their fleet and upgrade to newer and better vehicles which ultimately enhances their profitability.
The magnificent Automall opening was followed by a grand bidding event of a multitude of vehicles and equipments. Further, the automobile fanatics seemed greatly enthralled when they were apprised about the online platform, along with various other auxiliary services like finance, insurance, New Look, etc.
SAMIL is coming up with additional Automall launches, across length and breadth of the country in the coming months, and is hopeful of providing unsurpassed and holistic business solutions the clients need to meet their used automobile transaction roadblocks and business goals.
About Shriram Transport Finance Company Limited (STFC):
Shriram Transport Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking, and Distribution businesses. Incorporated in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 502 branch offices. Based in Mumbai, it manages assets worth Rs 40,307 crores and has a customer base exceeding 8,50,000. Shriram in the last 30 years, has helped replace nearly 20 lakhs trucks by providing affordable acquisition credit to the small truck operators.
About Shriram Automall India Limited (SAMIL):
Shriram Automall India Limited (SAMIL), one-of-its-kind facility is a wholly owned subsidiary of Shriram Transport Finance Company. It is India's first ever service provider that offers a transaction platform for the trading of pre-owned commercial vehicles, construction and agricultural equipments in an organized and transparent manner. This initiative was started in February 2011 and in its second year of operations; the company has launched its full-fledged facilities in 10 key locations across India. The Automall offers a common meeting platform for potential buyers and sellers where the valuation of the vehicle is determined through a transparent public auction process. In addition, Shriram Automall also promotes two new initiatives:
SHRIRAM AUTOMALL INDIA LIMITED
709, Best Sky Tower,
F-5, Netaji Subhash Place,
Pitampura, Delhi -110034
Tel : 011 - 41414444
Fax : 011 - 42414444
Toll Free : 1800 102 4141