Shriram Automall to double number of outlets in India

Shriram Automall India (SAMIL), a 100 percent subsidiary of Shriram Transport Finance Company (STFC), is planning to double its existing network of 29-30 Automalls to 60 later this year.

Talking to Autocar Professional, a senior official from SAMIL said, “We began our operations in 2011 and have been very aggressive in terms of covering the market and provide with the best services. Expanding rapidly, we plan to double the number of our existing Automalls in India later this year and set up nearly 60 such outlets across the country. In January this year, we inaugurated our new unit in Amritsar.”

At present, the company has over 100 bidding locations inclusive of 29-30 well-structured automalls. The company offers a bidding platform covering a wide range of pre-owned commercial vehicles, construction equipment, tractors, passenger cars and SUVs, three- and two- wheelers. According to the company official, SAMIL’s bidding platform has been adopted by almost every brand in the automobile industry.