Shriram Automall India (SAMIL), backed by Shriram Group and MXC Solutions celebrated SAMIL Utsav on its ninth business anniversary by conducting over 90 physical bidding events in 90 tier I, II, and III cities in a single day across India.

The Group consists of SAMIL as the largest physical bidding platform, CarTradeExchange as the largest online bidding platform and Adroit Auto as a proactive service provider for inspection and valuation. Shriram Automall has also acquired BlueJack to transact over 1.2 million vehicles worth of Rs 300 billion yearly.

Over 11,500 inventories across trucks, cars, two wheelers, three wheelers, agricultural tractor and construction equipment from SAMIL?s all type of clients like banks, non-banking financial companies (NBFCs), insurance companies, original equipment manufacturers (OEMs) and their dealerships, vehicle aggregators, rental and leasing companies, transporters, contractors, dealers and even individuals ramped. In those bidding events, customers got an opportunity to buy vehicles and equipment of their choice from the huge line up of the inventories.

SAMIL Utsav has been considered as grand and historic as over 30,000+ customers like vehicle aggregators, transporters, contractors, dealers and individuals visited their nearest Automall to place bids in their desired vehicles and equipment. Customers from over 400 cities visited the Automall to participate at SAMIL Utsav.

The company has also conducted over 100 online bidding events through its bidding portal cartradeexchange.com Sameer Malhotra, Director and CEO, SAMIL said, ?We are extremely happy to conduct such a grand event like SAMIL Utsav with over 90 physical bidding events in a single day across India where all our stakeholders collected experiences for life-time. SAMIL Utsav truly depicts why we are the largest and best solution provider for pre-owned vehicles and equipment in India. We would like to thank all our clients and customers who made SAMIL Utsav a grand success. This is a kind of record for a company to conduct over 90 physical bidding events in 90 cities across India in a single day where over 30,000 people from 400 cities came to participate at SAMIL Utsav.?