PRLog - Dec. 20, 2012 - JAIPUR, India -- SAMIL Automall Inauguration, the leading auto event in the history of the state of Rajasthan has just been launched at village Narsinghpura,Tehsil Sanganer in Jaipur. Even in the nerve-chilling morning uncountable heads swarmed in for this glitterati event. The new Automall was inaugurated by the Chief Guest Mr. Umesh G. Revankar amid much applause and fanfare, Managing Director, Shriram Transport Finance Company. The Guest of Honor for the event was Mr. Sameer Malhotra, CEO, Shriram Automall India Limited.
“SAMIL is a well appreciated name in Jaipur. Their proficiency in the region, coupled with value proposition of trust, precision and extensive choice will guarantee that it is well poised to tap the vast potential of the pre-owned vehicle/equipment market in the region,” Mr. Revankar, quoted.
SAMIL has retail finance tie-ups with major banks and NBFCs in the country. It also has a website – http://www.samil.in/
Shriram Automall recently expanded its service portfolio by introducing One-Stop Intranet Kiosk which is an automated classified featuring an exhaustive inventory of vehicles up for business during bidding. This Kiosk was also launched during the inauguration.
Shriram Automall is the country’s preferred pre-owned vehicle and equipment mart and is India’s only organized multi-brand player, with more than 15 grand Automalls across India. The company plans to expand this number to 60 in the next year. This implies that customers will soon be able to choose from a range of certified pre-owned and even refurbished articles throughout India, including the metros and tier-2 towns and cities.
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