Shriram auto mall India Limited (SAMIL) India’s Largest Physical and online Marketplace for Pre-owned Vehicles & Equipment is all set to conduct its annual event SAMIL Utsav on the eve of its 12th Business Anniversary on February 25, 2023 wherein the company will conduct auctions of pre owned vehicles and equipment in more than 120 cities across the country.
SAMIL Utsav 2023 will be India’s biggest auction of the year with auctions at over 120 locations connecting most of the economic corridors of the country. Footfalls of over 30,000 customers are expected from tier I, II and III cities on the 12th edition of SAMIL Utsav and around 15,000 used Vehicles & Equipment will be put up for auction across all segments including Cars, Trucks, Construction Equipment, Farm Equipment, Three-Wheelers, Two-Wheelers and Luxury cars. The Vehicles & Equipment will be made available by full spectrum of sellers including Banks, NBFCs, Insurance Companies, OEMs & Dealers, Leasing, Rental & Aggregator Companies, Brokers, Transporters, Contractors, and End Users.
During SAMIL Utsav, customers can visit any Automall near to their location and participate in the auction to bid for the Vehicles & Equipment of their choice. Being a Phygital Marketplace, SAMIL also offer BidLive platform where customers can watch the live auction and participate in the real-time right from the comfort of their home while placing their bids without latency. The BidLive feature is available on company’s advanced MySAMIL mobile App. Apart from this, several Online Auctions will also be conducted through cutting edge portals: bids.samil.in and cartradeexchange.com for customers who will not be able to attend SAMIL Utsav physically.
“SAMIL Utsav 2023 is the biggest opportunity for both buyers and sellers to buy & sell pre-owned vehicles and equipment throughout the country in a bid to expand their business. The most awaited day of the year is here. SAMIL is celebrating SAMIL Utsav on 12th Business Anniversary which is a great opportunity for buyers in the used vehicles & equipment industry and sellers like Banks, NBFCs, Insurance Companies, OEMs & Dealers, Leasing, Rental & Aggregator Companies, Brokers, Transporters, Contractors, End Users etc., to showcase their pre-owned vehicles & equipment in front of thousands of customers at 120+ Auctions in 120+ cities in a single day.” Said Sameer Malhotra, Director & CEO SAMIL