Shriram Automall today said it has tied up with leading tractor maker Escorts to help the latter's authorised dealers dispose their pre-owned tractors.
Shriram Automall India Ltd (SAMIL), a wholly-owned subsidiary of Sriram Transport Finance Company, provides a platform for the trading of pre-owned commercial vehicles, construction and agricultural equipment.
"A tie-up with Escorts is structured on the ground of providing a completely organised and transparent platform through which they (the authorised dealers) can carry out the disposal of their pre-owned tractors", SAMIL Chief Executive Sameer Malhotra said.
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The current fiscal is expected to witness robust growth in infrastructure due to which tractor usage in the country is likely to pick up pace, he said.
Under the tie-up, SAMIL will be entitled to conduct exclusive bidding events at the dealers' premises of Escorts, India's third-largest tractor maker, and facilitate disposal at its yards as well, a company release said here.