Shriram Automall generates transactions worth Rs 150 crore
Over 7,900 vehicles and equipment and other assets were sold in a single day.
Shriram Automall India (SAMIL), amongst India's largest phygital pre-owned marketplace for vehicles and equipment, has generated transactions worth Rs 150 crore at its 13th anniversary,
The event saw more than 120 auctions conducted in 120 cities across India, as per the press release.
More than 3,500 sellers across banks, NBFCs, insurance companies, OEMs and dealers, leasing, rental and aggregator companies participated in this event.
Over 7,900 vehicles and equipment and other assets were sold in a single day, the press release noted.
Sameer Malhotra, Director and CEO of SAMIL attributed the success of the event to SAMIL's facilities, customer-centric services, and innovative Phygital and Online Auction Platforms.
RELATED ARTICLES
Weekly News Wrap: Govt Eases FDI Rules, Renault’s India Bet, JSW Motors’ Leadership Reveal, FADA Cess Case Taken
India’s revised FDI policy for land-border investors, the Supreme Court admitted a FADA plea over cess dispute, Renault ...
Atul Auto Appoints Dr. K. C. Vora as Independent Director
Dr. Vora currently serves as Program Director – Automotive Centre of Excellence at NAMTECH.
Rajasthan CM Bhajanlal Sharma Meets Honda CEO; ₹1,200 Crore EV Production Planned at Tapukara Plant
The project involves an investment of about ₹1,200 crore and production is expected to begin later this year, according ...




By Autocar Professional Bureau
29 Feb 2024
4679 Views
