Shriram Automall launches their 3rd outlet in Kerala at Kollam


Kollam: Shriram Automall India Ltd. (SAMIL) has launched its complete solutions for pre-owned vehicles and equipment in Kollam through a well-equipped Automall facility. Spread across over 2 acres of land, Shriram Automall Kollam has been purposefully located at one of the developing areas of the city, which observes various construction activities in progress.

As a result, the Automall eyes at a strong position while catering to the existing demand for pre-owned construction equipment within that region. Moreover, pre-owned MUVs and LCVs are also demanded more in Kollam.

The Automall will be a single destination for any solution related to pre-owned commercial vehicles, construction equipment, tractors, buses, cars & SUVs, three-wheelers and two-wheelers.

“At SAMIL, we are progressively heading towards the target of setting up 60 Automalls by the end of current fiscal. This is the 20th Automall launch of the Company in South India, which has been a profitable market for our business operations”, said Sameer Malhotra, CEO of SAMIL.

After this launch, SAMIL now accounts for 20 well-structured Automalls in South India and 49 in overall India. In its expansion plan, the Company has majorly focused on southern region of the country, which is a promising market for automobile industry.

Post inauguration, a bidding event was conducted in the presence of around 300 people from different nearby locations, including Kottayam, Trivandrum, Alleppy, Pathanamthitta and Kottarakara. Around 90 pre-owned vehicles were displayed out of which maximum were successfully disposed.

The Automall will be regularly organising such bidding events in which any buyer or seller can participate after registration. Repair facility will also be provided on the vehicles through Shriram NewLook Refurishment. Moreover, a One Stop Classified Kiosk within the Automall will provide access to real-time information on over 20,000 vehicles, available with SAMIL across India for disposal.

SAMIL is a wholly owned subsidiary of Shriram Transport Finance Company (STFC). It is India’s first-ever service provider that offers various well organised and transparent bidding platforms, including physical, online, one stop classified and negotiated deals, for acquisition & disposal of pre-owned commercial vehicles, construction & industrial equipment, tractors & agricultural equipment, passenger vehicles, three wheelers and two wheelers.

Kerala Biz News


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