• Shriram Automall India Limited now sprawling in PAN India with 80+ well established Automalls!! • 80th Automall Inaugurated in Surat, India!! • Shriram Automall is best known for being the largest used vehicle and equipment transaction platform offering convenient allied services.!! • 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 with CarTrade Exchange is the largest online vehicle and equipment transaction platform. •Offering Valuation and Inspection Services in 2hrs turnaround time through Adroit Auto, Shriram Automall is the leading name.!!

Saturday 20 May 2017

CONSTRUCTION EQUIPMENT RECEIVING ROBUST DEMAND


India Construction equipment segment is the most volatile segment of the industry. As it faces ups /& downs on regular basis. In 2007, the segment for the first time faced demand exceeding 50,000 units in India.

Since, then due to modifications in the infrastructure, construction and mining sector in India, construction equipment segment has become one of the fastest growing segments of automobile industry in India. In terms of the number of units sold, the market is dominated by six machine types.

Of these, backhoe loaders, crawler excavators, mobile cranes and wheeled loaders recieves more demand.

The demand of this segment has gained a robust increase in past 5 years as according to government 10% of Gross Domestic Product (GDP), in five year slab of 2012-2017 was supposed to be for infrastructure development.

Even now with the new budget coming in, we can see construction equipment growing with a remarkable speed as on total outlay of Rs. 3,96,135 crs on infrastructure is up by 10% over FY17 revised estimate. With increase in demand of construction apparatus and with more players entering the aggregate industry we can see the appraisal of construction equipments segment even further.

Government according to the recent budget i.e. of FY2017-18 is also focused to fund Delhi Metro phase IV for which allocation is already higher than Rs. 1,156 crs, as deadline for this phase is 2021. Construction of Delhi Metro phase IV, will also impact the sales of construction equipment in market positively, thereby resulting in its long term growth.

Increase demand of this segment has also resulted in demand of Shriram Automall India Limited (SAMIL), as it has now become the no.1 solution provider for both public and private enterprises as demand of construction equipments is highly lead by the enterprises investing in areas like road construction, and maintenance, ports, power plants, telecommunication sector, urban infrastructural development etc.

Every new-equipment sold becomes the base of this industry, as it effectively provide used efficient construction equipment of all Make & Model at low price. To match the growing demand, and be one step ahead  to fulfill all type of used vehicle and equipment demand in the country, company has unfurled 67 Automalls spanning in every corner of India, making it easy for customers to reach out for their innovatively convenient services.

Sameer Malhotra (CEO, Shriram Automall) added “SAMIL, very successfully has become first choice of public, private enterprises, end users, dealers etc. through the vast line up of used good quality constructionequipment & vehicles for sale at optimal prices. We look forward to keep doing the good job, by being the resource for our customers, while playing our part in Indian National Development.”

If you as well need to buy a used car/bike/commercial vehicle, equipments etc. of your choice at the most optimal price, visit your nearby Automall today or simply click the link below to go through the inventory full of used vehicles and equipment.
 https://goo.gl/TRchZK

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