Business Standard

Automartindia lines up IPO

To open 100 outlets by March 2006

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Mitul Thakkar Ahmedabad

"We are planning to launch our own service centres and accessory brands shortly to add value to the services being offered by Automartindia. We are planning to launch our own service centre in each city where we are operating," said Felix Louis, assistant vice-president, Automartindia.

However, Louis avoided commenting further on its plans saying, "It is too premature to make any announcement on upcoming service centres and accessories brand. The plans are in progress and should be out in next two-three months. Branded accessories through our outlets will offer wide choices, primarily to our own customers," said Louis.

At present, the company is in tie-ups with Hyundai and Maruti for servicing cars for their customers.

Some of the accessories that the company will sell from its showrooms include wheelcaps, steering covers, seat covers, lighting systems and the likes.

  

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First Published: Jun 18 2005 | 12:00 AM IST

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