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.
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