Group items tagged

The India Tractor Market is all set to witness a double digit growth of 16-18% in FY 2017 says CRISIL. However the growth in February & March to only be in single digit number as farmers still cope with the note ban and shifting towards using digital payment modes. The sales were revived as the south-west monsoon came in normal. Rains were 97% of the long-period average, timely and well-distributed, resulting in Kharif production increasing 10% on-year (according to second advance estimates), and Rabi sowing also 5.7% higher on account of sufficient reservoir levels.

Shriram Automall, India's leading service provider for the exchange of used vehicles & construction equipment. With the rise in demand of new equipment all over the country the equipment business with Shriram Automall is witnessing a year on year increase in this business segment with excavators, loaders & backhoe being the largest in demand under the segment.

We at Shriram Automall wanted to wish everyone a Happy August 15th i.e. our Independence Day! On behalf of everyone at SAMIL we thank those who throughout the history fought for our Independence, So, that we could breathe in peace. Thereby don't forget their sacrifice and celebrate this day to the fullest. Acquire your own pre-owned car you always wanted and let your small kids as well as school going children know about the history of India's independence on your way to the "Red Fort". As it was on this day in 1947 on which India became independent, that too with a lot of struggle.

It's no new news that, India while overtaking China has emerged as the world's biggest market for two-wheelers. As a total of 17.7 million two-wheelers were sold here last year, that's over 48,000 units every day. The need for mobility is very large in India, and country is also has one of the fastest developing economies in the world. Easier finance options, newer and more fuel-efficient models, rising incomes have only added to the push even as new business models, such as e-commerce, also help purchases.

The trucking industry is an integral part of the Indian economy. As in India, driving a truck is also a profession which directly affects Indian economy. With the expansion of truck market, used truck market in India is also expanding at the remarkable speed especially when government is boosting on-road worth of trucks in long run through latest rules and regulations.

Tractors in India are a major industry and significant contributor to its agriculture output gains. Tractors are an integral part of mechanization and have a crucial role to play in increasing agricultural productivity. Indian tractor industry is relatively young but now has become the largest market worldwide. According to industry sources, the tractor market is expected to clock among the highest segment growth in the automotive industry this financial year. Tractor marketers say the growth trot is already visible in the first quarter which places tractors among the top growth driven sectors in the auto industry.

The recent spate of farm loan waivers across the country may be causing a lot of trouble to bankers and analysts being negative for banking stocks. But, the move is expected to give a tremendous boost to tractor or farm equipment manufacturers. In 2008, after the government waived off farm loans, tractor volume grew at an annualized rate of 21% for the next three years. In addition to the profitable loan waver for tractor and farm equipment market, average monsoon, higher sowing acreage, and moderate minimum support prices for various crops are likely to support farm income further.

India, which is on the verge of emerging the 3rd biggest automobile market in the world is now attracting global companies to drive in and eat the share of pie. Recently KIA, Peugeot & SAIC motors also unveiled their plans to enter the country. In fact as per the recent news KIA is on location hunting process and is likely to finalize Anantpur in Andhra Pradesh as its first plant location and will finalize the deal by February 2017 end.

March 31 2017 the day when BS III compliant vehicles sales is supposed to be stopped all over the country, this will make 9 Lakh BS III compliant vehicles with a value of Rs. 12,000 Crs obsolete in one shot. However a section of industry is keeping its hopes high and believed that the government will move the deadline ahead to lower the loss. According to an order of the Supreme Court-mandated Environment Pollution Control Authority (EPCA), only BS4-compliant vehicles will be registered in the country from April this year.

India is expected to be 3rd biggest automotive market by 2020. Yes, that's true Indian automotive sector is growing with a remarkable speed & because of it country will be soon facing increased demand of automotives in the market. All major OEMs are keenly going to play their determined roles to make India the 3rd biggest automotive market globally.

Bharat Stage emission standards are the emission standards that were introduced in 2000, by the Central government to regulate the output of air pollutants from internal combustion engine equipment, including motor vehicles.

We all are aware of the switch to the stronger emission norms i.e. from Bharat Stage III to IV, which has turned out to be quite an inflection point in the automotive industry. Bharat stage emission standards (BSES) are emission standards established by the Indian government to limit air pollutants coming out of internal combustion engines and Spark-ignition engines equipment, including motor vehicles.

The internet always has been and always will be the magic box, which only augments our brain. Right now internet has become the force that is always in your favor. Everybody knows internet is super smart, but do you know that now internet has become the power which magnifies outcomes of your efforts while searching for the perfect new or used vehicle.

It's no more just a statement that "Slow & Steady wins the Race" as Indian Two Wheeler Segment has steadily been on the rise and is now right at the top of list, while displacing China from its perch. According to officials from industry body i.e. Society of Indian Automobile Manufacturers (SIAM) as well as data from the China Association of Automobile Manufacturers, India while making it total of 17.7 million two-wheelers, sold over 48,000 units every day, where neighbouring China sold 16.8 million units in total, last year.

Do you know your engine is a big chunk of metal, inside which are numerous other metal parts that move about and potentially crash together, to make your car run smoothly on road. It's important to keep your car's engine topped up with oil. First and foremost, it provides lubrication to all the moving metal parts, ensuring they don't grind together and cause unnecessary wear or too much heat.

To increase the quality of life, last Monday i.e. 10th April'2017, The Union Cabinet chaired by Prime Minister Narendra Modi signed six memorandums of understanding (MoUs). These MoUs and agreements are signed in the areas of Security, Environment, Sports, Science, Technology and Health, while keeping in mind the purpose between the two countries, i.e. to provide technologically safe and healthy environment to its people.

SAMIL (Shriram Automall), No.1 Service Provider of Used Vehicles & Equipments is best known for its uncommon result oriented services, which deliver customers the best experience of all time. While realizing the upcoming customer needs, company tries to be one step ahead with the solution to fulfill them. Every innovative bidding platform & allied service work as a resource for the customers who are interested in acquiring or disposing used vehicle & equipment. With huge established Automalls unfurled in every corner of the country, company successfully manages a large inventory filled with pre-owned vehicles & inventory of every make & model, while reaching out to the maximum customer base nationally.

GST (Goods & Services Tax) Law which is to be implemented in India by July'1, was made public in November 2016. GST provides for maximum rate of tax under the new regime i.e. at 14 per cent (14 per cent central GST and an equal state GST, taking the total to 28 per cent). The peak tax rate will rise up to 20 per cent, from the current 14 per cent, in the model goods and services tax Bill, which will preclude the requirement of approaching Parliament for any change in rates in future. The change in the peak rate, under GST bill will not tinker the 4-slab rate structure of 5, 12, 18 and 28 per cent agreed upon last year, GST council has only kept the upper cap higher at 20% so that in future in case of need of hike tax rate, there is no need to approach Parliament for a nod and the GST Council can raise it itself.

Indian Government due to the increasing amount of pollution in the country instituted emission standards in 2000 known as "Bharat stage emission standards". Progressively stringent norms have been rolled out since then. After the implementation of these norms every vehicle in the county manufactured has to be compliant with the regulations including motor vehicles.

In past 6 years, since its inception, Shriram Automall, has created a name for itself at which we all are proud to look. SAMIL is the true name of trust and reliability, which has become the No.1 choice of customers all across the country. With large database of customers to serve, company has remarkably marked its presence in entire country through sprawling 68 Automall facilities, which offer to serve all kind of used vehicles and equipment requirements, of customers in every nook and corner of the country.