Monday 9 June 2014

Interview with Mr. Sameer Malhotra, CEO, Shriram Automall India Limited (SAMIL)

Why do you think customers will want to come to Shriram Automall?
First and foremost reason would be the transparency of the bid. Also, we have so much of options are available for the customers to choose from in one place. And in the auction, the prices of the vehicles are fixed according to what we think people are willing to pay in the market.
Interview with Mr. Sameer Malhotra, CEO, Shriram Automall India Limited (SAMIL)
How has the growth been for SAMIL?
There is no de-growth as far as we are concerned. We are growing 50% year on year currently across all the segments and we expect to maintain the same pace this year also. De-growth is present in the new cars and commercial vehicles segment but not in the used car segment. There is still more demand for used vehicles as people are willing to go for used cars to save money. While people are still conservative about used cars, the demand is there.

No comments:

Post a Comment