SAMIL generates Rs 130 cr by selling vehicles, equipment in bidding event

Over 5,600 vehicles and equipment were sold during a day-long physical bidding event titled 'Utsav'

Shriram Group & MXC Solutions-backed Shriram Automall India Limited (SAMIL), a leading platform for pre-owned vehicles & equipment, generated business worth more than Rs 130 crore and sold over 5,600 vehicles and equipment during a day long physical bidding event titled ‘Utsav’ at 100 locations across the country .

SAMIL’s 100 auctions held at 100 locations saw over 11,400 inventories tagged, including trucks, cars, two wheelers, three wheelers, agricultural tractor and construction equipment from SAMIL’s clientele including banks, non-banking financial companies (NBFCs), insurance companies, original equipment manufacturers (OEMs) & their dealerships, vehicle aggregators, rental and leasing companies, transporters, contractors, dealers and