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OEM Update
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Shriram Automall picks Bengaluru to establish its 30th Automall

March 10, 2014 9:58 am

 Shriram Automall India Ltd. (SAMIL), a 100 per cent subsidiary of Shriram Transport Finance Company (STFC), has enhanced the dimensions of its footprints by launching 30th Automall facility in India.
While sharing the majestic expressions of Indian automobile industry, the Automall was inaugurated by Umesh G. Revankar, MD, STFC; accompanied by Sameer Malhotra, CEO, SAMIL; Sudarshan Holla, Executive Director and CEO – South Zone, STFC and C. Madaiah VP, STFC. To serve the customers through structured bidding platforms for the trade of used vehicles and equipment, the company has introduced a unique concept called physical bidding under which it has opened various Automalls across India. After capturing three major cities of Karnataka; namely, Davangere, Gulbarga and Hubli, SAMIL is all set to serve the people of Bengalure through a huge Automall, spreading across 13 acres. This facility is certainly going to eliminate the risk factor involved in the deals of used vehicles and equipment; thus making the life of people simply effortless. In Automall, SAMIL introduced its two new initiatives: Shriram New Look and Shriram One Stop. The One Stop Classified is a computerised touch screen kiosk, providing real-time information about available pre-owned vehicles and equipment. Shriram New Look facilitates the refurbishment of used vehicles and equipment which contribute immensely in increasing their purchase value.
Feeling extremely proud for this incredible beginning, Mr Revankar said, “It feels immense pleasure to see our horizons expanding with this impeccable speed. With excellence and perseverance, the company will continue its journey toward other parts of the country.”

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