The automotive industry in India is one of the largest in
the world with an annual production of 23.96 million vehicles. What this number
tells is that automotive industry in India is booming.
Various segments come under one large automotive industry.
Out of those segments only is the passenger vehicle segment. India is currently
the second fastest growing market for passenger sales globally and it's grown
by 7 per cent last year.
India is known to have the biggest automobile markets and
also is presently the leading one when growth is concerned. The passenger and
commercial Indian automobile industry is among the top ten on global scale of
its kind.
There are large number of car brands and automobile
companies from all over the world, who have set up base & not to forget the
home grown Indian automobile manufacturers, launch new models with new safety
features and technology to attract potential buyers.
Though the latest trend in India and in fact globally is the
SUV segment, carmakers are not shying away from introducing cars in other
segments.
As this is no news, that ratio of used vehicles over new one
is 1:1 i.e. every new vehicle sold becomes the base of the used vehicle
industry. Therefore demand for used vehicles is growing at a remarkable speed
as well.
Shriram Automall India Limited (SAMIL), the brand which
provides the largest platform for acquisition & disposal of used vehicles
& equipment in India understands how brand name is important for the surety
of after sale services and for long term results.
Therefore company has bought the inventory of Used Top
Models from Top Brands based on their market share which is as follows:
On basis of the market share you can find used vehicles in
SAMIL’s inventory.
So, visit you nearby Automall today to bring home desired
used vehicle of your choice at optimal prices. You can also click the link
below to register yourself.
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