AutoMovers Group plans to expand its operational footprint to over 200 outlets across North and Central India over the next three to five years, the company announced on Tuesday.
To support its network growth, the company has earmarked a capital expenditure of Rs 500 crore, which will be deployed toward dealership expansion, service infrastructure, and new business avenues spanning passenger vehicles, commercial vehicles, and pre-owned vehicle sales.
"Our focus over the next three to five years is to build a stronger and wider automotive retail network. Reaching 200-plus outlets will allow us to serve more customers, strengthen our brand partnerships and create new opportunities in the markets we enter," said Sanjeet Singh Talwar, Managing Director of AutoMovers Group.
The group currently operates more than 100 automotive and allied outlets, holding dealership partnerships with manufacturers including Mahindra, Tata Motors, Kia, Skoda, Jeep, Citroën, Ashok Leyland, and JSW.