National Human Capital Leadership Awards

National Human Capital Leadership Awards

Delhi's Best Employer Brand Awards, presented by Zee Business celebrates Best employer Brand Awards in several geographic regions as a build-up to the Global Employer Brands.

Employer Branding Awards into its 14th Edition this year honoured Shriram Automall India Limited as Delhi's Best Employer Brand, 2019 on 28th September 2019. Received by Satish Garg- CFO, Jyoti Jain- BH Marketing and Dinesh Kumar- SBH North.

The award is organized by Employer Branding Institute which is a virtual organization Senior leaders in HR connect with each other to share the best practices in HR, Employer Branding and outstanding professionals in several countries who are contributing to “Talent Management, Talent Development and Talent Innovation” are part of the Employer Branding Institute. This virtual organization is exemplary of the manner in which it is run and created a platform to celebrate the best in Employer Branding in several Asian countries. 

SAMIL, India's largest platform for used vehicles and equipment, was honoured with the same to use marketing communications effectively in attracting talent, retaining talent, developing talent and in retention policy Delhi.

Shriram Automall India Limited (SAMIL), which is the Largest Platform for Acquisition & Disposal of Used Vehicles and Equipment in India, plays a vital role in National development by helping the used commercial vehicle segment grow. The brand has a wide presence with 100+ Automalls pan India, where 88,000+ online & offline biddings events are conducted every month, offering fair price realization on the inventory of the used vehicles.
Download MySAMIL App:

Google Play: http://bit.ly/GoogleMySAMIL

App Store: http://bit.ly/MySAMIL

Read More

Commercial Vehicles saved the blushes of Auto-Industry

Shriram Automall Parking

India's Auto sector had seen a bit shine in FY 2019 and all credit goes to the vigorous performance of the Commercial Vehicle Sector. CV Sector, which is a cyclic industry, has saved the whole industry with strong sales in both the light commercial vehicle (LCV) segment as well as the medium & high commercial vehicle (M&HCV) segment.

In FY-2019, the CV sector has experienced a happy year-on-year growth at 17.5 percent with the help of the all-time high sales of heavy-duty trucks. The goods carrier segment in both LCV and M&HCV segments are the drivers of the economy and also offer high profitability to their manufacturers.

Shriram Automall India Limited (SAMIL), which is the Largest Platform for Acquisition & Disposal of Used Vehicles and Equipment in India, plays a vital role in National development by helping the used commercial vehicle segment grow. The brand has a wide presence with 100+ Automalls pan India, where 88,000+ online & offline biddings events are conducted every month, offering fair price realization on the inventory of the used vehicles.

Acquiring a used commercial vehicle offers you benefits like cost saving and low depreciation costs. As a new vehicle is bought, it costs high and even depreciates about 20% of its value but a used vehicle, depending upon its age, gives the benefits of lower costs and better fuel efficiency. 

Buying and selling commercial vehicles is made easier at Shriram Automall India Limited with availability all over the country at optimal prices, making it affordable to acquire them. The company also provides services like secured parking, finance, documentation, insurance, inspection and valuation, which makes the brand a one-stop destination for all your pre-owned vehicles related requirements. 

So, don't wait and grab the used vehicle of your choice.

To learn more about us visit your nearest Automall or download 'MySAMIL App' and get yourself registered easily with Shriram Automall India Limited. 

Google Play: http://bit.ly/GoogleMySAMIL

App Store: http://bit.ly/MySAMIL

Read More

USED CV SALES SEE UPTURN AMID AUTO SECTOR DROP

Commercial Vehicles Line Up at ShriramAutomall

Indian new commercial vehicle sales is witnessing a slowdown, whereas, those of used vehicles are seeing a momentum. This is mainly due to a pick-up in demand of LCV and ICV and the key reason is realisation. According to industry estimates, unorganised sector is selling five times of what organised sector is selling, 10,830 units a month.

According to a report from Shriram Automall, which holds 60-70 percent market share in the organised second-hand CV market, its price realisation has gone up by 15-20% from last year. However, slowing down in used heavy CV's, resulted in unit-wise sales drop by around 13 percent. Sameer Malhotra, CEO, Shriram Automall, says, last year, realisation for small vehicles increased to around Rs. 1.4lakh from Rs.1.2lakh, from Rs.2.15lakh to Rs.2.7lakh for LCV's and from Rs.3.5lakh to Rs.4lakh for HCV's.

On the other side, average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. Also, the overall volume of new vehicles of India's top four M&HCV makers fell by 59.5percent. In a developed country, the ratio of heavy trucks to light CV's is normally 1:3. In India, the ratio is not even 1:2, which, means there is more room for growth in LCV's.

M&HCV sales are seeing pressure due to various issues like new loading norms, turnaround time of trucks having increased after the goods and services tax and liquidity remaining a challenge. There is always a lag time between announcement and execution. Freight rates have not gone up, though there has been a rise in fuel prices. Due to this, there is consolidation in the industry and a lot of big players will play a wait-and-watch game or form alliances to hedge against further downtrend, said Sameer Malhotra.

According to Umesh Revankar, managing director at Shriram transport Finance (STFC), one of the country's largest CV financiers, his company should be able to grow 10 percent over the previous year on used vehicle disbursements. To support the target, the company has decided to increase penetration in rural areas.

The total in assets under management (AUM) of the new vehicles business at STFC during quarter ended June dropped by 5.7 percent to Rs.11,450 crore, from Rs.12,137 crore in the same period last year. However, the AUM for used vehicles grew by 6.7 percent to Rs.89,021 crore.

Read More