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India is one of the Largest Automotive Market in the world.
But do you know that this year, automotive market in its National Capital, New
Delhi has increased robustly.
In the city the number of registered vehicles has crossed
the one crore mark. According to transport department of Delhi government puts
the total number of registered vehicles at 1,05,67,712 till May 25 2017. And
also there are 31,72,842 registered cars in the city.
However, the two-wheelers in the city have the bigger number, when
it comes to demand, market etc. As there are over 66,48,730 two-wheelers,
scooters in the city.
As we know that ratio of used automotives to that of the
new ones has increased from 1:1 to 1:1.1, Demand for used vehicles in the city
is also increasing surprisingly.
Shriram
Automall India Limited(SAMIL), the Largest Used Vehicle and Equipment provider in the country,
witnessed the huge growth in demand itself.
Other major categories of registered vehicles in the city
include goods carriers (2,25,438), motor cab (1,18,424), moped (1,16,092),
passenger three wheelers (1,06,082), goods three wheelers (68,692), buses
(35,332), e-rickshaws (31,555) and maxi cabs (30,207), according to the data.
With such an increase in demand, industries are looking
forward to spend quite a sum of money on the launching the new models.
Like in the commercial vehiclesegment, the investment of Rs 1500 crore
will be spread over new launches, in the passenger vehicle segment, a sum of Rs
2500 crore will be injected to bring new products to the market.
If you are an interested buyer, buyused vehicles and equipment of any make and model,
anywhere in the country from your nearby Shriram Automall at optimal prices.
As through innovatively transparent platforms, company
provides the best services. For easy and convenient acquisition of your
desired used vehicle, you can also download MySAMIL App, and
participate in the live bidding event at your comfort or simply click the link
below to start the process.
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