Wednesday 7 November 2012
Shriram Automall - About us
Shriram Group's businesses strive to serve the largest number of common people. Commercial Vehicle Financing, Consumer & Enterprise Finance, Retail Stock Broking, Life Insurance, Chit Funds and distribution of Investment & Insurance Products. Our foray into Non-Life (General) Insurance is again a strong expression of this commitment.
Quality, Excellence and Diligence applying these relentlessly in everything Shriram Group executes and deliver. Shriram Trans-Port Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, and General Insurance Stock Broking and Distribution businesses.Established in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 494 branch offices. Based at Mumbai, it manages assets over Rs 36,900 crores and has a live customer base exceeding 8,00,000. Its equity partners include TPG. Mall is established in 2010 by Shriram Group. The latest among many new initiatives undertaken by Shriram is expected to bring greater transparency. In the Commercial Vehicles & Equipment industries and add Value to every stakeholder. The businesses of commercial vehicles and equipment industry have been witnessing dynamic changes in the recent past. Shriram has been keeping
abreast with the global trends and constantly undertaking newer initiatives to lead from the front.
Millions of commercial vehicles both small and medium size, 200 000 agricultural equipment and an equal number of construction equipments are yearly getting added in our country. These equipments are bound to age over a period of time and changes hands from the first to the second and the third owner during its lifetime. There are no clear studies done to suggest the value of this industry but industry experts estimate the value of used vehicle and equipment business (commercial vehicles, agri and construction equipments) at Rs.75 000 Crores annually, which is probably the size of the new vehicle business in the country today.
Despite such a huge opportunity, there is no organized platform available for buying and selling of used vehicles and equipments in the country. Identifying an opportunity and leveraging on its experience of operating in this segment for decades, the Shriram Group has launched the concept of Shriram Automall, an ideal platform for buying and selling of used and unused trucks, agricultural equipments and construction equipments. Shriram Automall has launched full-fledged Automalls at locations like Chennai and Baroda. Manesar and Mumbai are in the pipeline. The company plans to launch about 60 Automalls across the country. Shriram Automall is the right platform for buying, selling used vehicles.
For more info. please visit here: http://www.samil.in
Quality, Excellence and Diligence applying these relentlessly in everything Shriram Group executes and deliver. Shriram Trans-Port Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, and General Insurance Stock Broking and Distribution businesses.Established in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 494 branch offices. Based at Mumbai, it manages assets over Rs 36,900 crores and has a live customer base exceeding 8,00,000. Its equity partners include TPG. Mall is established in 2010 by Shriram Group. The latest among many new initiatives undertaken by Shriram is expected to bring greater transparency. In the Commercial Vehicles & Equipment industries and add Value to every stakeholder. The businesses of commercial vehicles and equipment industry have been witnessing dynamic changes in the recent past. Shriram has been keeping
abreast with the global trends and constantly undertaking newer initiatives to lead from the front.
Millions of commercial vehicles both small and medium size, 200 000 agricultural equipment and an equal number of construction equipments are yearly getting added in our country. These equipments are bound to age over a period of time and changes hands from the first to the second and the third owner during its lifetime. There are no clear studies done to suggest the value of this industry but industry experts estimate the value of used vehicle and equipment business (commercial vehicles, agri and construction equipments) at Rs.75 000 Crores annually, which is probably the size of the new vehicle business in the country today.
Despite such a huge opportunity, there is no organized platform available for buying and selling of used vehicles and equipments in the country. Identifying an opportunity and leveraging on its experience of operating in this segment for decades, the Shriram Group has launched the concept of Shriram Automall, an ideal platform for buying and selling of used and unused trucks, agricultural equipments and construction equipments. Shriram Automall has launched full-fledged Automalls at locations like Chennai and Baroda. Manesar and Mumbai are in the pipeline. The company plans to launch about 60 Automalls across the country. Shriram Automall is the right platform for buying, selling used vehicles.
For more info. please visit here: http://www.samil.in
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