SAMIL, Being the Helping Hand for Automotive Manufacturers

 who are stuck with 15,000crore worth of BS-III compliant vehicles
   

                                                       Source - http://www.ti-insight.com

Supreme Court result is finally out, finally BS-III vehicles sale is banned in the country. This Wednesday i.e. 29^th March’2017, after the final result from Supreme Court, Auto Stocks fell by 3% as vehicles which are not compliant with BS-IV norms are not to be sold or registered after 1^st April’2017.

The Automobile industry, which is stuck with the stock of 8.24lakh units of unsold BS-III vehicles, has faced quite a downfall, whereas Passenger Vehicle Manufacturers, who already started manufacturing BS-IV compliant vehicles, will not face quite an impact on them after BS-III vehicle ban.

These 15,000crore worth of vehicles, which are at huge risk now has turned out to be a setback for India’s automotive industries, as they are now stuck with the hundreds of thousands of vehicles compliant with BS III norms, which are now scrap for the industry.

Shriram Automall India Limited (SAMIL), the Largest Platform for Acquisition and Disposal of Pre-owned Vehicles & Equipment in India, is looking forward to help the automotive manufacturers, to get rid of the huge BS-III compliant vehicle stock which is now scrap.

Automotive Manufacturers, dealers can look up to SAMIL, for disposal of this huge stock. As company has large database of customers over the country, and through its 67 unfurled Automalls and 150+ Bidding locations in the country, company can successfully help manufacturers to get rid of their huge left over unsold stock of BS-III Compliant vehicles.

Indian market, being quite price sensitive, will gladly offer optimal prices to buy these vehicles from SAMIL. This might not make up for the loss that manufacturers will face but this will definitely help them cover half of their loss and also they will not have to store the big stock in their inventory.

With huge customer footfall that SAMIL, witness on daily basis in its Automall, the stock will be sold at optimal prices with complete transparency quite efficiently and effectively.

Sameer Malhotra (CEO, Shriram Automall) added “We do realize that Auto manufacturers are quite in the pit that too with huge stock of unsold BS-III complaint vehicles, right now. As that stock is completely scrapped for them after the Supreme Court ban, we are looking forward to help them get rid of that stock through our multiple bidding platforms at optimal prices, making it useful for both the manufacturers and our customers.”

If you are looking forward to buy a BS-III compliant vehicle at optimal price, SAMIL is the best way to close the deal and for being the owner of an automotive asset. These BS-III vehicles will work fine with the BS-IV compliant fuel. So, hurry! Visit your nearby Automall now, or click the link below to register yourself.

Link: https://goo.gl/TRchZK

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NATIONALLY SPRAWLING IN 67 LOCATIONS

It’s a never ending battle between making a decision of whether to buy a used vehicle & if yes, then where to buy it from.

Shriram Automall India Limited (SAMIL) since its inception in 2011 focuses on providing the Highly Demanding Used Automotive Market, what it always needed i.e. an organized approach. SAMIL with the professional organized approach changed the appearance of the market from inside out.

Company is a 100% subsidiary of India's largest Asset Financing Group i.e. STFC (Shriram Transport Finance Company) which manages assets over USD 10billion. SAMIL is an uncommon company which is best known to transform the loves of lakhs of people.

“SAMIL, started doing what was necessary, and became the country’s most trusted brand!”

Indian auto industry is already one of the largest in the world accounting for 7.1% of country’s gross domestic product (GDP). With the growing population, demand for this sector is growing quite effectively as well.

And while realizing the growth of this growing sector, SAMIL become the ‘boon’ in disguise which provided customers all over India, the prodigious platform to buy and sell pre-owned vehicles & equipment in a well organized manner.

With the fundamental aim serving more people with its professional services, company has become:

“India’s No.1 Trusted Service Provider for Pre-owned Vehicles & Equipment” in a short span of 6 years.

‘Today’s New’ is ‘Tomorrow’s Used’ with this approach Shriram Automall took it first step by constructing a grand multifunctional first Automall in Chennai, and while doing so company created a whole staircase that goes in every nook & corner of the country, where SAMIL very efficiently unfurled other 67 Automalls, while serving all type of needs of pre-owned vehicles & equipment in every area of the country. 

In order to keep up with the prolong demand of huge Automotive sector, many players showed their keen interest and started investing in the sector. But SAMIL turned out to be the only investor who provided a unique dimension to the sector, by providing diversified platforms for acquiring and disposing pre-owned CV’s.

The company provided its customers with the holistic approach where every new vehicle sold becomes the base of used vehicle industry which customers can make a use of for expansion of their business through efficient measures.

In the market full of highly occupied conservative and unreliable trade practices, company successfully created a name for itself through completely transparent trade practices.

SAMIL is the only company in India, which provides service like “Physical Bidding” where pre-owned vehicles and equipment walk on the ramp for live bidding & interested buyer after registration bids on their desired used vehicle. In their vast Automalls, through devoted services company also provide multiple allied services to boost customer experience.

With tremendous success in such a short span of time, the company feels proud to look at its journey for which they have won many accolades along the way. Company has also been honored, by the recognition as the “The Largest Platform for Acquisition & Disposal of Pre-owned Vehicles & Equipment” & “Highest Number Of Online & Physical Bidding Events in a Single Day”  in Limca Book of Records in FY 2015-16

Company is committed to total customer satisfaction and continual improvement in performance by providing complete transparency in every transaction thereby building trust, reliability and value for its customers, with its Amazing Administration, Company always stood alongside its valuable customers & market while following its core values.

Great people know that when spider webs unite they can tie up a LION.

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Start making Big-Budget for Car, Motorcycle Insurance from April 1

Source - http://www.post-gazette.com/

From April’2017, car, motorcycle and health insurance is going to get costlier, as the insurance regulator IRDAI is going to give “go-ahead” to insurers for revision in commission for agents.

The IRDAI (Payment of Commission or Remuneration or Reward to Insurance Agents and Insurance Intermediaries) Regulations, 2016 will hike premium rates by as much as 40% for 2016-17 which will come into effect from 1^st April’2017. For cars below 1,000cc the premium has raised by 40% to Rs 2,055, while for compact or B segment cars (1,000-1,500cc) the increase is 40% to Rs 2,237 & for sedans, the regulator has increased it by 25%.

After the necessary modifications the change in premium is going to be +\-5 % of the existing rates. This increase will work as an addition to the enhanced third party motor insurance rates. These regulations will also bring certain revisions in commission/remuneration rates and will also lead to introduction of the reward system.

According to IRDAI, this can cause insurers to revisit the pricing of their products, as far as the costing input relating to commission or remuneration is concerned. However, change in rates is going to be +\-5 % of the existing rates of products or add-ons.

For the policies already sold, Insurers will have to give the certificate saying “no detrimental change” in premium rates and any other provision of the policy in the policies.

Not just that, it’s now mandatory for used vehicle owners to transfer the insurance policy in their name to claim the insurance against the damaged vehicle. As no owner can now file a claim without the valid insurance transfer in their name.

Claim is only admissible, on the basis of a valid contract between the Insurance company and the new owner and absence of it will make the new owner non admissible to claim for any kind of insurance.

According to the court as well, “an insurance policy is a contract between a policy holder and an insurer and in the absence of the new vehicle owner’s name on the motor insurance policy, there exists no valid contract between him/her and the insurance company. Hence, any accidental damage suffered by the new owner is not admissible under the previous policy.”

Are you as well looking forward to buy a used vehicle and yet desire not to get through the complicated process of transferring previous insurance on your name alone?

You are on the right track then, as there is a company who can assist you and help you in your all types of used vehicle requirements as transferring the insurance policy on your name is quite a hectic process and doing it alone can be further more hectic, but it’s necessary and need to be done. 

Shriram Automall India Limited (SAMIL), No.1 service provider for Acquisition & Disposal of used vehicles in India, provides you the best quality used vehicles of every make and model in optimal prices, through innovative bidding platforms & also ensures complete transparency while closing the deal.

Company understands that, buying a used vehicle can be a big investment, which needs care and further assistance. So, company with its professional team in 67 Automalls across India, provides full documentation and valuation services to its customers, SAMIL team also assist customers regarding their all types of insurance needs.

To register yourself for acquiring or disposing used vehicles & equipment through a convenient platform you can simply visit your nearby Automall or click the link below and you are all good to go.

Link: https://goo.gl/TRchZK

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ARTIFICIAL INTELLIGENCE FOR A SAFER RIDE

Source - http://horsepowersports.com/

Automobile industry today not only thinks about today but also about the future that holds immense possibilities. Possibility of an electric car that will solve the problem of emptying petroleum reserves, fully automatic cars and even flying cars in longer view.

Today we see all the buzz going around autonomous or semi autonomous cars that are already being tested on roads in California and other states and Silicon Valley has taken this challenge head on to built cars that are not only autonomous but safe.

When we talk about autonomous cars, Artificial Intelligence is the first thing that comes to our mind as most of the technology revolves around an effective & efficient AI.

Below are the 4 pillars of AI that are building cars of the future:

SMART COMMUNICATION

Today engineers are working for the possibility to make machines talk to humans, this experience will become easier and smoother with advancements in the technology where machine will understand your likes, dislikes, recognizing your voice to adapt itself as per your requirement and provide desirable experience.

CONTEXTUALIZATION

You drive on a number of roads and situations like highways, traffic, dirt roads etc and you may also drive in snowfall & rain, all these situation makes interaction with your car more meaningful. Context also includes sensor reading from the car itself, e.g. fuel level, crash avoidance sensors, or how many people are in the car. These parameters matter for making smart decisions when driving, and are taken into account by the contextual reasoning framework.

PERSONALIZATION

This is one of the most crucial aspects of Artificial Intelligence; here the vehicle will automatically load up all your preferences that it has been taking into account over a period of time. The vehicle will recognize you on the basis of voice or account and show result that you can accept or modify.

KNOWLEDGE

Knowledge is the gateway of everything; your car will provide you every single detail like you wish to know about the car or about the location that you will be travelling to.

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Is Your Engine Healthy Enough

Be Aware! Keep Your Vehicle Safe & on the Road Longer!

Source - http://www.geeins.com/

As a basic human nature, we generally don’t realize what we got until it’s gone, try not to make that mistake with your automobile engine. Just like human illness, there are certain symptoms of engine sickness that warrants an engine replacement. But just like humans, sometimes our vehicles just do what they're supposed to do, yet if not well they will show symptoms like show up late, have no energy, can't do what they've always been able to do before or worse, like humans they too call in sick throwing a wrench in the works. 

For your convenience we are herby mentioning those symptoms to you just like family doctor’s tit bits to help you have a vehicle with safe & sound engine.

            1. No change in Diet, No good working for you!

Just like human heart, vehicle’s engine requires healthy food to pump well and work well. Oil is the lifeblood for engines. Not regularly changing it according to the vehicle manufacturer’s recommendation will damage it. As it’s important to use the proper oil type, for the engine.

             2. Overlook the oil leaks, it will omit your on road needs!

Here we have it, wry and slightly sideways look from our vehicle telling us that it needs a change of heart for its system. If you face heavy oil leaks, the problem is a loss of lubrication to metal parts of the engine, causing internal tolerance wear issues and eventually premature failure.

3. Check warning light… Come on?

Warning lights that you should never ignore if you love you owned asset:

• ·         Check Oil/Oil Level Low
• ·         Oil Pressure Low
• ·         Check Engine

Engine damage is likely occurring when these lights come on. A couple of more reasons when these lights blink are change of oxygen sensor or the catalytic converter, and “You would be wise to take your vehicle in for proper diagnosis.

4. Want your vehicle to cool down? It won’t if you will keep ignoring it.

Just like everything else owners, even some repair facilities, don’t recommend cooling system maintenance, unless it gets completely deteriorated while shortening the life of the coolant parts. Being the owner you better not ignore it & maintain you cooling system regularly.

2          5.  Don’t flood your Engine, it needs to breathe as well.

Driving through standing water or even a heavy rainstorm can potentially damage your engine. As the intake manifold supplies the air/fuel mixture to the engine & water intake finds its way to the combustion chamber where the spark plug is, causing engine damage.

3          6. Tea for two on steam from your Engine?

In mood for a cup of Tea? Unfortunately Steam from your engine is not such a good thing & it certainly is not an indication that it might make you a cup of tea. It more likely is telling you that you engine might fall in half as your gasket, radiator or pipes are leaking.

We have played our part while making you aware about what might be going on with your vehicle. Now it’s your turn to stood up for your beloved asset & make it long lasting.

Sameer Malhotra (CEO, Shriram Automall) shared: “Being the CEO, of a pre-owned vehicle & equipment industry, I must tell you that just like our body our vehicles & machinery requires complete care & assistance as well. So, rather than ignoring what your asset is trying to tell you, better start listening to it for smooth on road results.”

It’s not with you, it’s with everybody that we take our automobile symptoms for granted, but if you read this all the way through something is severely wrong with your beloved vehicle which is bothering you. But not to worry when SAMIL is there No.1 Solution provider for all used vehicles & equipment requirements. You can both register yourself through the link below or download “My SAMIL APP” and go through their allied services in a detailed manner.

LINK:    http://bit.ly/2kqM0Ro

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9 LAKH VEHICLES TO BECOME OBSOLETE AFTER MARCH 31

Source - http://images.indianexpress.com

March 31 2017 the day when BS III compliant vehicles sales is supposed to be stopped all over the country, this will make 9 Lakh BS III compliant vehicles with a value of Rs. 12,000 Crs obsolete in one shot. However a section of industry is keeping its hopes high and believed that the government will move the deadline ahead to lower the loss. According to an order of the Supreme Court-mandated Environment Pollution Control Authority (EPCA), only BS4-compliant vehicles will be registered in the country from April this year.

While one half of the industry is in support of the mandate other wants the decision to hold until their stock lasts. The main reason of the confusion is said to be the notice shared by road transport and highways ministry which spoke about making BS IV Mandatory from April 2017 but did not mention the discontinuing of BS III vehicles in the country.

While the passenger vehicle segment is happy with the introduction of BS IV but the commercial vehicle & two wheeler segments are the one hit hard where a lot of old-generation stock is lying in the market.

According to industry estimates, nearly 75,000 units of BS3 commercial vehicles will be left unsold at the end of March, leaving a question mark on their usefulness in case registration is not allowed.

Meanwhile to stay away from all the above regulations if you wish to buy pre-owned vehicles with CNG option, you can get in touch with Shriram Automall. The company offers widest range of usedvehicles & equipment under one roof. You can also get take benefit from the finance company offered in assistance with STFC.

For more information about buying  or selling used vehicles and equipments please click here.

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INDIAN AUTOMOBILE MARKET ATTRACTING GLOBAL COMPANIES TO DRIVE IN!

Source - http://2.bp.blogspot.com/-

India, which is on the verge of emerging the 3^rd biggest automobile market in the world is now attracting global companies to drive in and eat the share of pie. Recently KIA, Peugeot & SAIC motors also unveiled their plans to enter the country. In fact as per the recent news KIA is on location hunting process and is likely to finalize Anantpur in Andhra Pradesh as its first plant location and will finalize the deal by February 2017 end.

Recently Toyota Motor president Akio Toyoda and Suzuki Motor chairman Osamu Suzuki had a meeting with the Prime Minister Narendra Modi to apprise him about their recent tie up in Japan and its implications in India.

India is critical for the Japanese parent with 50% of global sales coming from the country, said Maruti Suzuki chairman RC Bhargava. So whatever technology it gets from Toyota will surely be deployed in India, he said   

Not only Toyota & Sukuzi, a number of global bosses are visiting the country to get the hang of market scenario.

Skoda Auto's global CEO Bernhard Maier made a trip soon after taking over. General Motors CEO Mary Barra visited twice in less than a year to restructure local operations and devise a long-term strategy.

Ford Motor executive chairman Bill Ford visited late last year to inaugurate the New Product Development Centre that will create the foundation for India products. Hyundai Motor chairman Chung Mong-Koo is also expected to visit soon to announce the launch of the Kia brand in India.

The Indian automotive industry broke into the top three in 2016, according to rating agency CARE. 

With the passenger vehicle market set to cross the 3 million mark by the end of 2017, India is seen as a future growth centre by all manufacturers. According to IHS Market Automotive, India is expected to be among the fastest-growing markets in the coming five years besides which local regulations are also getting harmonised with global standards.

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UPCOMING VEHICLES - CHANGING FACE OF “USED AUTOMOTIVE SECTOR” IN INDIA

Being one of the largest sectors, Automotive Industry plays a vital role in India National Development.  In FY 2015–16, sector generated annual production of 23.96 million vehicles.

With time, automotive market in India is growing with a remarkable speed and with population of young drivers coming in, demand is touching the great heights, and to meet those demands several auto makers have started investing heavily in various segments of the industry, as Government of India as well encourages foreign investment in the automobile sector and allows 100 per cent FDI under the automatic route making the sector to grow with ease.

With the growing demand many Indian as well as foreign automotive manufacturers are focused on producing new innovative & efficient vehicles on Indian roads, with all the latest features inbuilt to improve the customer experience with his/her safety directly intact.

In 2017, about 49 new mind blasting car models are going to hit the market, while giving the automotive sector a new dimension.  Have a look at some of them below:

                             

With new models coming in the market, used automotive sector is going to see the boost as well. As every new automobile sold becomes the base of used automotive market, helping in its robust growth.

Shriram Automall India Limited (SAMIL), No.1 trusted service provider of used vehicles & equipment in India, with its huge Automalls unfurled in every corner of the country, is filled with pre-owned vehicles of every make & model.

Soon with new automotive models coming in, company is looking forward to update its inventory with them. As SAMIL, is focused to fulfill its customer’s upcoming demand in an efficient way.

So if you are looking forward to own a used car, SAMIL is the best choice as it offers the vast range of used vehicles of every make and model, you can both visit your nearby Automall and go through their inventory in person, or download “My SAMIL APP” and in just one click can go through their huge range with your Android Mobile Phone. You can also click the link below and simply register yourself.

Link: https://goo.gl/hsjMpq

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INTERNET- New tool for Globalizing Used Vehicle Market

                                                          ref - https://www.carmudi.lk

The internet always has been and always will be the magic box, which only augments our brain. Right now internet has become the force that is always in your favor. Everybody knows internet is super smart, but do you know that now internet has become the power which magnifies outcomes of your efforts while searching for the perfect new or used vehicle.

According to the research over 88% of the automobile buyers use the Internet to shop. Buyers use variety of devices to shop, including desktop and laptops, smart phones and tablets. 46% of the interested buyers even use multiple devices while shopping for a vehicle, be it new or used.

Being the game changer SAMIL, paves the way for substantial buyers while prevailing them the benefit of multi screen, used vehicle shopping experience through online mediums.

Company always focuses on making the online shopping experience, both user-friendly & remarkable through its holistic approach. While focusing on the ways to deliver the consistent demand of used vehicles in the market, SAMIL has introduced innovative online & physical bidding events in the country. Now, customers can even participate in the live bidding event at the comfort of their home with just one click through online mediums like their “MY SAMIL APP” or “DESKTOP BIDDING”.

Internet today offers immense possibilities, so company provides detailed information about all the used vehicles of every make & model present in their inventory, on their website as well as on mobile application.

Sameer Malhotra (CEO, Shriram Automall) said: “Most vehicle buyers are undecided at the start of the shopping process; we help them get through the confusing process while providing them with professional services with easily accessible user friendly interface at their comfort.”

 Internet is quite powerful & big, when customers first begin to shop, 6 out of 10 consider multiple vehicle options by being open to both pre-owned & new vehicles, and half of them trade in an old vehicle at the time of purchase.

Buyers spend the majority of their shopping time making decisions online. Questions like: what to buy and who to buy from, are decided online only by the buyers. So, being the no.1 choice SAMIL influence large amount of customer base to close the deal with them.

If you yourself are looking forward to be the owner of a used vehicle, SAMIL is the OneStop answer to your search. You can simply register yourself by visiting - https://bids.samil.in/

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INDIAN RADIO TAXI MARKET MOVING WITH A ROBUST DOUBLE DIGIT GROWTH

Taxi market in India, has been exhibiting strong growth in past few years. As with the pacing fast world, traveler lifestyle is growing as well. Increasing number of people in the country especially corporates prefer on time, well structured services which is well served by modern Radio Taxis which are well equipped with AC, GPS, 24*7 customer support, electronic fare meter & many other tangible or intangible features.

This growing adoption of aggregator models has resulted in opening up the market for unorganized taxi operators to switch themselves to the radio taxi service market. As a result aggregated model taxis will witness robust double digit growth.

In India, growth of Radio Taxi is growing with quite an effective pace and it’s obvious that till 2020, Indian Taxi Market will boost itself significantly. There are quite many factors behind such amazing growth of this sector like: On the outskirts of metro and tier-1 cities like Delhi, Mumbai, Chennai & Bangalore presence of existing or upcoming industrial hubs corporate parks, create an effective growth opportunities for radio taxi operators. Besides, that young working class particularly opts for radio taxis due to enhanced convenience & safety.

On account of urbanization, the radio taxi services market revenues are forecast to grow at a CAGR of about 17% in 2015-2020. With various benefits offered by Radio Taxis such as enhanced passenger comfort and security as well as GPS/GPRS and internet connectivity, per capita income of the sector will grow as well. 

Commuters not only prefer radio taxi for all the luxury it provides but also for the coupled benefits of  online booking/payment option, booking through applications, 24x7 availability, discounts, etc. which makes their life both easy and comfortable in just a click.

Three-fourth of the market share of radio taxi services in India is selectively dominated by only a few players.

With this brilliant growth, app based aggregated cabs has not only disrupted Auto- rickshaw and Traditional Taxi market, but has also forced automotive OEMs to revise their growth & marketing strategies.

Even with such remarkable growth, this sector face many untapped opportunities due to very few players in the organized radio taxi services market, who at times fail to address the growing demand in the market resulting in unavailability of required number of cabs.

Shriram Automall has also played its part in this huge development as cab drivers of these taxi hailing services come to SAMIL buying a used CNG fitted cars to comply with governments decision which make only CNG fitted cars eligible for being a taxi.

You also can take benefit of the opportunity and get your petrol or diesel car sold at Shriram Automall and can get finance assistance through STFC for buying a used or new CNG fitted car.

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Indian Automotive Industry

Indian automobile industry is one of the largest industries, in the whole world with 23.96 million vehicles in FY 2015-16, as an annual production.

With the increasing population, young driver rate is increasing as well. As a result both middle class & young population has made Two-wheeler sector leader of India Automobile Industry, with 81% market share.

The sector has witnessed a number of investors, investing heavily to cope up with the growing demand. According to the data released by Department of Industrial Policy and Promotion (DIPP), industry has attracted foreign direct investment (FDI) worth US$13.48 billion in “April 2000 to June 2015”.

Government on its part is taking all the necessary initiatives to boost the growing demand even more by encouraging foreign investment in the automobile sector and thereby allowing 100% FDI under the automatic route.

Government also focuses on making automobile manufacturing the main driver of "Make in India" initiative, while expecting the passenger vehicle (PV) market to triple to 9.4 million units by 2026, boosting the sales in the tractors segment. Government provided Union budget of over 850,000 crore (US$127.5 billion) in 2015-16 to farmers. Govt. will also promote eco- friendly vehicles i.e. CNG-based vehicles, hybrid vehicles, and electric vehicles in the country for minimal air pollution. 5 per cent ethanol blending in petrol will be mandatory.

India Automobile, register marginal growth of 3.07% year to year with production of over 14.25 million vehicles including private vehicles (PVs), commercial vehicles (CVs), three wheelers and two wheelers.

In 2000 to tune in with the initiative to reduce vehicular pollution, government itself unveiled the standards titled "India 2000" which was later upgraded to be known as Bharat stages. These standards are quite similar to the European standards, and are implemented in an effectively efficient manner with latest upgrade. At first initiative was mannerly phased, in 13 cities & later in rest of the Nation.

13 cities where Bharat Stage IV was first imposed are as follows: Delhi (NCR), Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad, Pune, Surat, Kanpur,  Lucknow, Solapur, and Agra.

Indian government is taking all the measures to both boost the Indian Automobile Industry & to cope up with growing demand.

With huge market place, SAMIL itself is playing its part to keep up with pace of the automobile segment.

Through innovatively well structured bidding platforms, SHRIRAM AUTOMALL has introduced Indian Automobile market with an easy & organized approach of acquiring and disposing used vehicles & equipments. SAMIL plays a crucial role in Indian National Development, as it makes it easy for both rural and urban areas to acquire & dispose used vehicle through any of their 67 Automalls unfurled in every corner of the country.

Company helps serve the demand of the used vehicle in the market in an organized & transparent manner. If you as well is looking forward, to dispose or acquire a used vehicle or equipment SAMIL is the best choice to make. You can both visit your nearby Automall, or register yourself by clicking the link below. http://bit.ly/2kqM0Ro

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Women Can’t Drive! SAYS WHOOOO ???

This women’s day, want to be inspired to begin or advance your automotive journey? We are here to both inspire & aspire you. But first let’s talk about the statement we hear & use frequently “Women Can’t Drive”.

If you think that’s right, then you are wrong, as men might take more risks which indeed are quite not a good thing as according to the research men are more responsible than women for accidents and that definitely doesn’t make them better drivers or riders.

And moreover women today are not only the driver of a two-wheeler or a four-wheeler but also have become the driving force of the automotive industry. Dealership Owners, HR Personnel, Salespeople, Service Writers, Administrators, Marketers and any women affiliated with the automotive industry is very impressively helping it grow even further.

A woman today has very effectively has created a name for themselves in this male dominating industry, by working triple times harder than their male counterparts.

In India, even in the 21^st century women has limited choices of professions so they mostly opt for vacancies in information technology, engineering or even medicine, fashion designing sector. But with changing times, women have started indulging themselves in the automotive sector & are growing with the remarkable speed with efficiency of work.

Women are growing but still women in the industry occupying key positions can be counted on the finger tips. But we can see if we look around that women are in every profession. So, yes very soon women are going to grow in automotive sector as well while being the support system for their women counterparts. As to excel in any profession all one need is to achieve the physical & mental endurance for that particular profession, as being a man or a woman doesn’t change the capability, knowledge or determination of a person to its job.

Sameer Malhotra (CEO, Shriram Automall) says: “Happy Women’s Day to all the admirable women who are determined to rise in their own ways, on their own terms to make a name for themselves. Being a CEO of a used automotive company, I am glad to share that there is no doubt that women today are not only capable of driving well but also is completely capable of doing anything & be anything in the automotive segment of the country. In fact with women in this segment we can expect more accuracy & innovation in the work done.” 

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NEWLY AMENDED AUTOMOBILE BILL – TRANSFORMING TOMORROW

Motor vehicles including, automobiles was first introduced in India at the end of 19^th century. And to regulate their use 1914 Act was the first to be codified which had 18 sections under it.

Government plays a vital role in a citizen’s life by implementing laws and regulations as they are warnings for our safety only and we must follow it, as good laws are the offspring of bad actions only. With evolving times laws for automobile also evolved, from 1914 Act to Indian Motor Vehicle Act1924, Motor Vehicles Act 1939, which came into force in 1940.

Later, Motor Vehicles Act, 1988 was introduced which regulated all aspects of road transport vehicles including both transport and non-transport vehicles. The Act provides details of legislative provisions regarding licensing of drivers/conductors, registration of motor vehicles, control of motor vehicles through permits, special provisions relating to state transport undertakings, traffic regulation, insurance, liability, offences and penalties, etc.

To exercise the above legislative provisions Government of India created Central Motor Vehicle Rules in 1989 and made sure that all the rules under the Act are enforced in a well organized manner, as no laws are better than laws not enforced.

Then again in 2016, Union Cabinet chaired by Prime Minister Narendra Modi gave the approval to new amended motor vehicle bill in 2016.

 The step was taken to address the issue of road safety and to enhance the customer experience while dealing with the Ministry of Road Transport & Highways which is constituted of Group of Transport Ministers.

Amendments on the existing rule were made to improve the transport scenario in India and to address the issue of road safety by lowering down accidents and fatalities by 50% as over 5 lakh road accidents in a year are reported in the country in which over 1.5 lakh people lose their lives.

The bill aims to amend 68 sections out of 223, it also state the increase in compensation for hit & run cases from Rs. 25000 to Rs. 2 lakhs and payment of compensation upto Rs 10 lakh in road accidents fatalities.

In case, of offence committed by the Juveniles owner/guardian will be deemed guilty and juvenile to be tried under JJ Act, registration of the vehicle would be cancelled as well.

With the aim to properly implement the bill electronic detection devices will be installed to detect the violation like juvenile driving, drunken driving, driving without license, dangerous driving, over-speeding, overloading etc. and people who will break these rules will face strict punishments.

Bill also contemplate to mandate the automated fitness testing of vehicles by october’2018 which will reduce the corruption in transport department while decreasing the human interference and will also increase the road worthiness of the vehicle.

Government is playing its part for pollution free India, but laws alone cannot secure the country until every man present in the country follows them in an organized manner.

So, let’s come together and help government to work towards the common vision of pollution free advance India. 

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