Shriram Automall with OLA created a favorable ecosystem for CNG adoption

In past few years, Taxi market in India, has been exhibiting a strong growth. With pacing fast world, traveler lifestyle is changing as well.

OLA who provides Radio Taxis equipped with AC, GPS, 24*7 customer support, electronic fare meter & many other tangible or intangible features is an Indian online transportation network company.

To meet the mobility needs of India in a sustainable manner, OLA collaborated with Shriram Automall India Limited (SAMIL) in 2015. As SAMIL is the one stop destination for disposal and acquisition of pre owned vehicles and equipment along with Shriram Transport Finance Company Limited (STFC) in India.

Through multiple disposalplatforms (i.e., Physical & Online Bidding, Private Treaty & Onestop Classified Kiosk), SAMIL helped OLA to dispose used vehicles at optimal prices, as company provided a huge marketplace for old diesel/petrol vehicles which enabled drivers to dispose their vehicles with ease through fair deals, making cab drivers of Delhi to adopt CNG.

Company being the 100% subsidiary of STFC, the largest Small Business Finance Company (SBFC) of the nation, also expedites attractive financing options for immediate purchase of new CNG vehicles.

As part of the partnership, drivers were benefited from efficient exchange mechanism with optimum prices for their old cars. SAMIL, being the helping hand also helped OLA to create a favorable ecosystem for CNG adoption amongst drivers in the National Capital.

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. As India Radio Taxi Service Market is in the growing demand & will face double digit increment in coming 2-3 years.

Being the largest used vehicle & equipment provider in the country, SAMIL is focused to dispose and acquire cabs equipped with enhanced passenger comfort and security as well as GPS/GPRS and internet connectivity to OLA.

As on account of urbanization, the radio taxi services market revenues are forecast to grow at a CAGR of about 17% in 2015-2020 and SAMIL, being the resource looks forward to play its role along with OLA in the growth of this sector.

For used vehicles & equipment, acquisition and disposal requirements, visit your nearby Automall today, or simply register yourself through the link below, as SAMIL, not only provides you the power of choice through its inventory but also with its facilities and services.
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