Shriram Automall closes deal with Ashok Leyland for commercial vehicles
ROADS & HIGHWAYS

Shriram Automall closes deal with Ashok Leyland for commercial vehicles

Shriram Automall India Limited (SAMIL) has signed an agreement with Ashok Leyland to launch an exclusive platform for pre-owned commercial vehicles.

The physical and digital platform for pre-owned vehicles, the phygital platform, will facilitate the exchange, disposal and purchase of the old commercial vehicles. It will manage the pre-owned vehicle market by leveraging its digital auction with over 100 auto malls across India.

With this agreement, SAMIL will provide online and offline auction platforms to all the potential buyers visiting Ashok Leyland to sell their old vehicles and purchase new ones with a quick turnaround time.

CEO of SAMIL, Sameer Malhotra, said that through the original equipment manufacturers (OEMs) of the commercial vehicles and phygital platforms, with over 100 auto mall networks in India, the company aims to create entire mobility solutions for buyers and sellers. Shriram Automall India Limited (SAMIL) has signed an agreement with Ashok Leyland to launch an exclusive platform for pre-owned commercial vehicles.

The customers can also take advantage of other benefits, including parking, logistics, trade finance and insurance from SAMIL, to make the asset procurement process easier. It will manage the pre-owned vehicle market by leveraging its digital auction with over 100 auto malls across India.

With this agreement, SAMIL will provide online and offline auction platforms to all the potential buyers visiting Ashok Leyland to sell their old vehicles and purchase new ones with a quick turnaround time.

Sanjay Scrappage, Head of Medium and Heavy Commercial Vehicle, Ashok Leyland, said that this initiative with a digital solution would serve as an easy-to-use touchpoint for the customers. It will further help in implementing the Scrappage Policy, launched on 13 August, at the base level and help the company to move towards a greener future.

Image Source

Shriram Automall India Limited (SAMIL) has signed an agreement with Ashok Leyland to launch an exclusive platform for pre-owned commercial vehicles. The physical and digital platform for pre-owned vehicles, the phygital platform, will facilitate the exchange, disposal and purchase of the old commercial vehicles. It will manage the pre-owned vehicle market by leveraging its digital auction with over 100 auto malls across India. With this agreement, SAMIL will provide online and offline auction platforms to all the potential buyers visiting Ashok Leyland to sell their old vehicles and purchase new ones with a quick turnaround time. CEO of SAMIL, Sameer Malhotra, said that through the original equipment manufacturers (OEMs) of the commercial vehicles and phygital platforms, with over 100 auto mall networks in India, the company aims to create entire mobility solutions for buyers and sellers. Shriram Automall India Limited (SAMIL) has signed an agreement with Ashok Leyland to launch an exclusive platform for pre-owned commercial vehicles. The customers can also take advantage of other benefits, including parking, logistics, trade finance and insurance from SAMIL, to make the asset procurement process easier. It will manage the pre-owned vehicle market by leveraging its digital auction with over 100 auto malls across India. With this agreement, SAMIL will provide online and offline auction platforms to all the potential buyers visiting Ashok Leyland to sell their old vehicles and purchase new ones with a quick turnaround time. Sanjay Scrappage, Head of Medium and Heavy Commercial Vehicle, Ashok Leyland, said that this initiative with a digital solution would serve as an easy-to-use touchpoint for the customers. It will further help in implementing the Scrappage Policy, launched on 13 August, at the base level and help the company to move towards a greener future. Image Source

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?