Shriram Automall Rolled Out In Bilaspur Himachal Pradesh

Online, May 1, 2013 (Newswire.com) - Shriram Automall India Limited (SAMIL) inaugurated its 23rd Automall facility in Bilaspur today. The Automall is first of its kind initiative in Himachal Pradesh & offers a unique platform for acquisition & disposal of pre-owned vehicles & equipments to the city.

This new-fangled Automall was inaugurated by the Chief Guest Mr. Sameer Malhotra - CEO SAMIL. Shriram Transport Finance Company. Also, Special Guest for the event was Mr. Sanjeev Kumar Sinha, Zonal Credit Head - West & North Region, Shriram Transport Finance Company.

Inaugurating 1.4 lakh square feet, state of the art Automall earlier in the day, Mr Sameer Malhotra, CEO, Shriram Automall India Limited, said, "The first Automall in Himachal Pradesh, will prove to be yet another feather in SAMIL's cap. We are hopeful of reiterating the same success story, by practicing our high standards & by gaining a deep insight of the market. Shriram Automall India Limited aims to create a channel which will be dedicated about outshining customer expectations and willing to go that extra mile."

"SAMIL personifies transparency & customer satisfaction. Moving forward, the company plans to have a PAN India network of 60 such Automalls strategically located on important highways of the country. The auto mall facility will be further utilized for holding events periodically", confirmed Mr. Sanjeev Kumar Sinha, Zonal Credit Head - West & North Region, Shriram Transport Finance Company.

Apart from serving as a unique asset acquisition & disposal platform, Automall also assists the customers financing, insurance options, as well as provide services for repair & refurbishing the vehicles. Parking facility & assistance with documentation is also offered to consumers as allied services. Rest rooms for travel-fatigued drivers and cleaners are also offered as an add-on facility.

The Automall also houses Shriram One Stop, a computerized touch screen kiosk which is a virtual Truck Bazaar, providing real time information about used commercial vehicles available. It will also simultaneously facilitate registration of individual buyer's requirements. One Stop will bring more transparency in the process of acquiring & disposing used vehicles & other assets. The Automall includes Shriram New Look, wherein refurbished pre-owned commercial vehicles are put on display for purchase along with inbuilt financing options.

About Shriram Transport Finance Company Limited.

Shriram Transport Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, 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 530 branch offices. Based at Mumbai, it manages assets over Rs 46,500 crores and has a live customer base exceeding 9,00,000.

About Shriram Automall India Limited (SAMIL):
Shriram Automall India Limited (SAMIL), one-of-its-kind facility is a wholly owned subsidiary of Shriram
Transport Finance Company. It is India's first ever service provider that offers a platform for acquisition & disposal
Of pre-owned commercial vehicles, construction and agricultural equipments in an organized
and transparent manner. The company has already launched its full-fledged facilities in 22 key locations across India. The Automall offers a common meeting platform, where the valuation of the vehicle is determined through a transparent process. In addition, Shriram Automall also promotes two new initiatives: 'Shriram New Look' and 'Shriram One Stop' to provide value-added services to its potential customers.

For further information, please contact:

SHRIRAM AUTOMALL INDIA LIMITED
709, Best Sky Tower,
F-5, NetajiSubhash Place,
Pitampura, Delhi -110034
Tel: 011 - 41414444
Fax: 011 - 42414444
E-Mail: [email protected]
Toll Free: 1800 102 4141