SAMIL to open 20 facilities
Shriram Automall India (SAMIL) will roll out 20 automall facilities across the country this fiscal, according to Sameer Malhotra, CEO. Through an automall facility, the company provides a platform for buyers and sellers to transact in used vehicles - commercial vehicles, cars, tractors and also two-wheelers. In the financial year ended March 2014, SAMIL had facilitated transactions worth Rs 1,500 crore, a 50 per cent increase over Rs 1,000 crore in the previous fiscal.