India is expected to be 3rd
biggest automotive market by 2020. Yes, that’s true Indian automotive sector is
growing with a remarkable speed & because of it country will be soon facing
increased demand of automotives in the market. All major OEMs are keenly going
to play their determined roles to make India the 3rd biggest
automotive market globally.
For instance, MarutiSuzuki India, who nearly commands 50% of the passenger vehicle (PV) market in
the country, is now moving forward to start its new operation in Gujarat as a
part of its plan to raise its total production to 2 million units by 2020 which
will make the market size to grow with a boom.
With new plants coming in, Indian automotive market is going to see introduction
of new products to meet the growing demand, thereby increasing the production
of the new Automotives in the segment.
Shriram Automall India Limited (SAMIL), who is
best known for being the no.1 service provider for acquisition & disposal
of used vehicles & equipment in India, is going to play its part in making
India the 3rd vast Automotive market in the world.
As every new vehicle sold in the market
becomes the base for the used vehicle market resulting in increase in demand of
used vehicles & equipment. Company is keen to provide best customerexperience with its unfurled existence throughout the country. Now it is
focused to fulfill the upcoming demand of its customers for used vehicles of new
models by making sure of their availability in the huge inventories established
for customer convenience.
SAMIL to strengthen its hold in
the Indian market is going to be one step ahead with its Automalls in every
nook & corner of the country providing customers latest used models of
every make affiliated with latest BS-IV norms at optimal prices.
By the next financial year, many leading automotive manufacturers are
looking forward to introduce new products in the market, which will result in
both growth & demand of the sector in the country.
And SAMIL very efficiently is
going to strew the road to be the owner of a used vehicle for its customers,
while providing great deal through their innovative bidding platforms to both
buyer & sellers.
Sameer Malhotra (CEO, Shriram Automall) said: Company
is going in the right direction & has become the no.1 service provider for
acquiring and disposing used vehicles and equipment with negotiated deals while
offering complete transparency through diversified bidding platforms. With the
increasing number of new products coming in market & growing demand for
them, we are now focused to upgrade our inventory with those products, as new
for one will become used for us. We are gladly looking forward to play our part
in making Indian Automotive Market the 3rd biggest market in the
world, while playing our part in the National Development as well.
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