• Shriram Automall India Limited now sprawling in PAN India with 80+ well established Automalls!! • 80th Automall Inaugurated in Surat, India!! • Shriram Automall is best known for being the largest used vehicle and equipment transaction platform offering convenient allied services.!! • Shriram Automall MOBILE APP LAUNCHED...!!Download the app now!! • Sameer Malhotra – CEO, Shriram Automall India Ltd. as Esteemed Jury at Equipment India Awards 2017.!! •Shriram Automall with CarTrade Exchange is the largest online vehicle and equipment transaction platform. •Offering Valuation and Inspection Services in 2hrs turnaround time through Adroit Auto, Shriram Automall is the leading name.!!

Thursday, 11 December 2014

SAMIL – A Trustworthy Name to Bid With

Commercial vehicles have always been a driving force for the Indian automobile industry. While India stands on number six for their manufacturing, the industry is filled with great potential to make the country shine on world map. Despite of a fall in the last fiscal, the current financial year is expected to bring some positive transformations in the industry. While eyeing on the new government to introduce affirmative policies, the industry hopes to see better days in the near future.

Looking at the pre-owned segment of commercial vehicles, the area remains largely untapped by well-structured and trustworthy players. People are majorly dependent on the roadside dealers to carry out their transactions. In fact, most of them do not involve anybody and the deal happens between relatives or friends. The absence of experts in between deals generally results in inappropriate realisation on assets. Loss mostly remains the adjective of such transactions.

Such a scenario demanded nothing but the presence of a mediator, which stands aggressively on the values of trust and transparency. In the hunt of a well-structured arena for pre-owned vehicles and equipment, Shriram Automall India Limited (SAMIL) simply transformed the way India carries out the exchange of pre-owned commercial vehicles. Hailing from Shriram Transport Finance Company (STFC), India’s largest asset financing NBFC, SAMIL carves the concept of its bidding platforms on Indian automobile industry with bold letters.

It all began with a vision to walk on an unexplored road as a pioneer in the pre-owned segment of automobile industry. Soon after a humble inception in 2011, India witnessed the most exciting side of a revolution wherein people were gradually introduced to SAMIL’s physical bidding, online bidding, private treaty and one stop classified. Although, bidding existed in the online space for pre-owned vehicles but the beginning of Automalls (representing physical bidding) marked a moment worth creating history in this space of the industry.  

An excursion within SAMIL’s Automall captures a day full of action and excitement. It all starts with registration and then the commencement of a mega bidding event. While marking the presence of hundreds of bidders, the pre-owned vehicles and equipment, including commercial vehicles, construction equipment, tractors, cars & SUVs, 3 wheelers and 2 wheelers, walk a ramp in the bidding process. With numbers audible from every corner of the bidding hall, the area transforms into a space full of enthusiasm.

SAMIL’s Automall also accommodates Shriram New Look in which the second hand vehicles are repaired. Refurbishment of used vehicles is quite prevalent in the market as it
contributes in the enhancement of an asset’s value to a great extent. Apart from the refurbishing area, the wide space of SAMIL’s Automall also houses a One Stop Classified and a wide parking space.

Equipped with a computerised touch screen interface, the one stop classified machine contains information on a number of inventories available across the country. And, a parking space is mainly constructed to ensure a secured and safe environment for all the vehicles and equipment available with SAMIL for disposal.

SAMIL’s presence in new media captures the real expression of comfort and convenience. The Company also facilitates online bidding through its Online Bidding Events Portal. A quick glance through the space will introduce you to an extensively wide range of pre-owned vehicles which is hardly available on any other space in the World Wide Web.     

The private treaty of SAMIL incorporates negotiated deals in which the Company acts as a mediator between the two parties. With the expertise of best brains from the industry, it gives a well-structured facet of professionalism to its every deal, covering majorly its construction equipment segment.

The biggest challenge in a pre-owned vehicle’s exchange is the identification of its correct value. No matter if it’s a buyer or a seller, an inappropriate valuation of asset affects both of them. SAMIL provides an ultimate solution to this as well through its Valuation service. No vehicle is served under the Company’s name at an inappropriate price. Every penny is calculated while keeping the market trend and a vehicle’s present condition in mind.

Taking a look at the current business world, it portrays evolution in its true sense. The trends keep on changing with every passing day. SAMIL also participates in the race by sprouting innovation in every step of offerings. In an endeavour to make participation in its bidding events easy and effortless, the Company serves Privileged Bidder Cards, including Star Bidder Card, Premium Bidder Card and Platinum Bidder Card, under its Driving Your Trust programme. Along with these cards, SAMIL also serves special benefits to its customers from time to time.

Apart from the end users, SAMIL has also been associated with banks and automobile manufacturers to facilitate the disposal of their pre-owned vehicles. In this area, the Company has enhanced its clientele to a great extent with the incorporation of major players from the industry, including SBI, Tata Motors, John Deere, to name a few.

The corporate view of SAMIL showcases a major contribution in the transformation of Indian automobile industry whereas, the other side of the Company is writing a quite bright story for India’s future. Through an association with Shriram Foundation, SAMIL has supported the educational expenses of several students across India through scholarships under its Education Scholarship Programme.

Catering to the ever-evolving arena of automobile industry, SAMIL keeps itself abreast with the dynamic global trends. With its innovative initiatives, the Company has always leaded its journey as pathfinder. While making a mark on the national platform, the various arms of SAMIL will continue to aid the Indian automotive market forever. visit samil.in for more information.

“At SAMIL, we cater to a huge variety of pre-owned vehicles along with used construction equipment. While aiming at long-lasting associations, we offer utmost transparency in every deal that we cater to.” – Mr. Sameer Malhotra, CEO of SAMIL 


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