SHRIRAM AUTOMALL AND THE YEAR 2016

The year 2016 has been regarded as the year in which the automobile industry saw the most growth across all segments. Both the new and used automobile industries are on a growth trajectory with impressive spikes in sales, production, and exports over the last two years. With an average production of around 24 million vehicles annually and employer of over 29 million people (direct and indirect employment), the automotive sector in India is one of the largest in the world. India is the largest three-wheeler and tractor manufacturer, 2nd largest two-wheeler manufacturer, 2nd largest bus manufacturer, 5th largest heavy truck manufacturer, 6th largest car manufacturer and 8th largest commercial vehicle manufacturer.

2016 has also been a great year for Shriram Automall India Limited as the company was successful in expanding its road to even the remotest corner of the country. The company inaugurated 7 new well structured Automall across the country which is now attracting more than 500,000 customers throughout.

SAMIL was successful in collaborating with more than 10 leading Banks, NBFCs & OEMs this year with the aim to source the best inventory for its customers and in return get the revenue out of the unused assets of these entities.

In order to reach more customers the company launched various technologies like:

Mobile Bidding Application – The application helps you to bid on your desired vehicle in the comfort of your home, pay the RSD amount through various payment options & even contact nearest Automall.

Desktop Live Physical Bidding - all new features to help customers participate in physical bidding events anywhere from their desktop. Bid on your desired vehicle & equipment easily

2015 was the year when we begin to get rewarded for your unique platforms & other services but it’s the year 2016 that won a number of accolades from industries leading bodies like:

Limca Book of Records - for conducting highest number of Online & Physical Bidding Events FY2014-15

Indian Brand Convention - Most Promising Brand & Best Online Market Place in Pre-owned Automobile Industry"

Disruptive Tech & Innovation Awards 2016 - Best Disruptive Innovation of the Year – Automotive

The CRISIL rating of AA+ has also been reaffirmed by the body which boosts the confidence of its customer in the brand.

On the verge of 2017, the company aims to reach more and more customers by opening Automall at untouched locations. Getting equipped with latest technology, support the dream of our Hon. Prime Minister of being a cashless economy and more.