Two-wheelers segment in India accounts for major contribution in the overall automobile industry. When most of the segments of the industry were witnessing a downfall in their journey, this segment always stood tall even in unfavorable market conditions. With a market size of around Rs.100,000 million, this segment has a three times bigger market than the cars. Talking of the pre-owned segment within two-wheelers, the middle class and lower middle class section drives it the most. In India, various families are still deprived of a single wheel for their rides. While many carry out their journeys on a cycle, others depend on public transport for commutation.
In such a scenario, Shriram Automall India Limited (SAMIL) is a perfect platform to realize their dreams. It can play a major role in taking the pre-owned two-wheelers segment to great heights through its unique bidding platforms.
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