+
Popular Vehicles Expands Into Punjab With BharatBenz Dealerships
ECONOMY & POLICY

Popular Vehicles Expands Into Punjab With BharatBenz Dealerships

Popular Vehicles & Services Limited, a leading fully integrated automotive dealership group in India, has announced that its 100 per cent step-down subsidiary, Prabal Motors Pvt. Ltd., has received a Letter of Intent (LOI) to establish eight advanced 3S facilities—Sales, Service and Spare Parts—for BharatBenz across Punjab.

This marks Popular Vehicles’ official entry into the Punjab market as the exclusive dealer for BharatBenz throughout the state, significantly strengthening its presence in Northern India. The move builds upon the company’s existing footprint in Maharashtra and Tamil Nadu and further deepens its partnership with Daimler India Commercial Vehicles.

The upcoming state-of-the-art facilities will be strategically located across eight sites in Punjab. Each will integrate a showroom, bodyshop, spare parts distribution, and pre-owned car operations under one roof. Together, they will feature a total of 32 service bays and involve a cumulative investment of approximately Rs130 million (USD 1.56 million).

Naveen Philip, Promoter and Managing Director of Popular Vehicles & Services Limited, commented, “We are thrilled to announce our entry into the northern region through our partnership with BharatBenz. Punjab becomes the third key state in our BharatBenz network after Tamil Nadu and Maharashtra. This expansion reflects our broader strategy to move beyond our traditional base in Kerala and into high-potential geographies.”

He added, “Punjab’s vibrant economy and increasing demand for commercial transportation make it a strategic market for us. We are committed to offering best-in-class mobility solutions and furthering our relationship with Daimler India Commercial Vehicles.”

This expansion underscores Popular Vehicles’ ambition to become a pan-India leader in commercial automotive retail and servicing, reinforcing its growth strategy across both new and existing territories.

Popular Vehicles & Services Limited, a leading fully integrated automotive dealership group in India, has announced that its 100 per cent step-down subsidiary, Prabal Motors Pvt. Ltd., has received a Letter of Intent (LOI) to establish eight advanced 3S facilities—Sales, Service and Spare Parts—for BharatBenz across Punjab.This marks Popular Vehicles’ official entry into the Punjab market as the exclusive dealer for BharatBenz throughout the state, significantly strengthening its presence in Northern India. The move builds upon the company’s existing footprint in Maharashtra and Tamil Nadu and further deepens its partnership with Daimler India Commercial Vehicles.The upcoming state-of-the-art facilities will be strategically located across eight sites in Punjab. Each will integrate a showroom, bodyshop, spare parts distribution, and pre-owned car operations under one roof. Together, they will feature a total of 32 service bays and involve a cumulative investment of approximately Rs130 million (USD 1.56 million).Naveen Philip, Promoter and Managing Director of Popular Vehicles & Services Limited, commented, “We are thrilled to announce our entry into the northern region through our partnership with BharatBenz. Punjab becomes the third key state in our BharatBenz network after Tamil Nadu and Maharashtra. This expansion reflects our broader strategy to move beyond our traditional base in Kerala and into high-potential geographies.”He added, “Punjab’s vibrant economy and increasing demand for commercial transportation make it a strategic market for us. We are committed to offering best-in-class mobility solutions and furthering our relationship with Daimler India Commercial Vehicles.”This expansion underscores Popular Vehicles’ ambition to become a pan-India leader in commercial automotive retail and servicing, reinforcing its growth strategy across both new and existing territories.

Next Story
Infrastructure Energy

UERC Rejects Pleas Over Cancelled 200 MW Solar Awards

The Uttarakhand Electricity Regulatory Commission (UERC) has rejected review petitions filed by 12 solar developers against the cancellation of Letters of Award (LoAs) issued under the state’s 200 MW Solar Programme.The scheme, launched by the Uttarakhand Renewable Energy Development Agency (UREDA) under the 2013 solar policy, aimed to help Uttarakhand Power Corporation Ltd (UPCL) meet its renewable purchase obligations through tariff-based competitive bidding.The projects—classified under the Type I category—had original commissioning deadlines in 2019–2020, later extended multiple ti..

Next Story
Infrastructure Energy

Solarium Wins Rs 266 Million Rooftop Solar Orders

Solarium Green Energy has secured two significant work orders valued at a combined Rs 266 million for rooftop solar projects across various locations in the Northeastern States, under the Ministry of Home Affairs.The first order, worth approximately Rs 129.8 million, was awarded by NTPC Vidyut Vyapar Nigam Limited (NVVN) for the development of a 3,319 kW rooftop solar photovoltaic (PV) project. This was tendered under the NVVN’s “Selection and Discovery of L1 Rates for Rate Contract for EPC of Grid Connected Rooftop Solar PV Projects (51–200 kW) across India”. The project is scheduled ..

Next Story
Real Estate

Omaxe Secures Rs 5 Billion From Oaktree For Expansion

Omaxe Group has raised Rs 5 billion in funding from Oaktree Capital Management LP, a global investment firm specialising in alternative investments, to fuel the development of ongoing projects and support future growth plans.In a regulatory filing dated 28 July, the company confirmed that the funds will support construction and infrastructure development across key markets, including New Chandigarh, Lucknow, Ludhiana, and Faridabad. The capital will also be directed towards flagship projects such as Omaxe State in Dwarka, an upcoming integrated township in Amritsar, and a new township in Indor..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?