• Shriram Automall inaugurated its 71st Automall in Bikaner on 24th November’2017.!! • 72nd Automall Facility inaugurated by Shriram Automall in Guna on 28th November’2017.!! •Shriram Automall wins Limca Book of Records for being The Largest Platform for Acquisition and Disposal of Pre-owned Vehicles and Equipment FY2015-16 and for Conducting Highest Number of Physical Bidding Events in a Single Day.!! •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 India Limited(SAMIL) Won Best Service Provider Of The Year Award CIA World Builders and Infra Award 2017 •Shriram Automall was recognized as “Fastest Growing Brand for Pre-Owned Vehicles of the Year” in 2017 Leaders Awards...!!

Monday, 20 March 2017


India, which is on the verge of emerging the 3rd 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.


Post a Comment