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: Skoda-VW’s India Bet, Olectra’s EV Push, Govt’s Electronics Drive
The automotive industry is balancing localisation, electrification and capacity expansion as companies adapt to changing...
EXCLUSIVE: SIAM Seeks Removal of 2.5% Import Duty on Aluminium Scrap
Automakers say the levy is inflating input costs and crumbling competitiveness as India's dependence on imported scrap d...
Norton Manx R Clinches Bronze at 2026 International Design Excellence Awards
Flagship V4 superbike becomes the first combustion-engined production sports motorcycle to receive recognition in the hi...


29 Feb 2024
4971 Views
Kiran Murali

Anurag Chaturvedi