Shriram Automall closes deal with Ashok Leyland for commercial vehicles

29 Dec 2021 CW Team

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

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..