• 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.!!

Thursday, 7 December 2017

Light Commercial Vehicles Surging Double Digit Growth in India

After a decline in the past three years, the light commercial vehicle segment (LCV), consisting of the sub 3.5 tone vehicles, has resumed its strong growth. The factors that aided the demand for the segment were growth in replacement demand, improved financing and recovery in rural demand.

Also, through increased thrust on infrastructure and rural sectors in the recent Budget, potential implementation of fleet modernization or Scrappage program and higher demand from consumption-driven sectors, especially for LCVs and intermediate commercial vehicles (ICVs), commercial vehicles have found their momentum back.

Further investments in e-commerce segment are driving demand for last mile transportation requirements and accordingly light commercial vehicles. These factors along with the favorable monsoon and a better crop harvest have supported demand recovery from the rural areas as well, which is a fairly sizeable market for small trucks. The SCV segment is expected to grow in the range of 14-16 per cent in volume terms in the current fiscal.

During April-October 2017 period, total LCV sales grew by 19% at 218,602 units as compared to 183,611 units in April-October 2016. In the same, mini-trucks (Tata Ace segment) grew by 22% at 80,150 units (65,700 units), while pick-ups (above 1-tonne payload vehicles) reported a growth of 17% at 138,452 units (117,911 units).

Since ratio of used commercial vehicles to that of the new commercial vehicles is 1:1. Shriram Automall IndiaLimited (SAMIL) the No.1 Used Vehicle and Equipment Provider in India is witnessing a robust demand for used light commercial vehicle as well.

Company through its extensive line up, serve every type of used vehicle and equipment demand in the country, thereby is the leading service provider.

While providing deals for every pocket, company anticipate its customers demand and serve them the best. So what are you waiting for? With easy finance facility along with other customer oriented services, acquire your dream light commercial vehicle now!

Simply click the link below to register yourself or to download MySAMIL App:

Download MySAMIL App: https://goo.gl/BMpnCf


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