Shriram Automall & Volvo CE Partner to Manage Used Construction Equipment

Shriram Automall India Limited (SAMIL), India's largest pre-owned marketplace for vehicles and equipment, has partnered with Volvo Construction Equipment (Volvo CE). This collaboration allows Volvo CE and its dealers to manage their exchange, demo, and surplus inventory of used construction equipment using SAMIL's Phygital Auction platforms, which include 135+ Automalls across India and online portals like cartradeexchange.com and bids.samil.in, as well as the MySAMIL App.

The partnership ensures convenience and accessibility for Volvo CE, enabling them to offer competitive exchange deals to customers. SAMIL also provides comprehensive support services, including parking, inspection, valuation, and documentation, ensuring a smooth experience for Volvo CE customers.

With over 68,000 pre-owned construction equipment transactions completed in the past 13 years, SAMIL boasts a proven track record. Its expertise extends to precise vehicle and equipment valuation, ensuring optimal pricing and fair transactions through its prediction engine, The PriceX. Utilizing advanced data analytics, SAMIL provides unparalleled insights and reliable value-adding services, fostering a deep understanding of the market.

Dimitrov Krishnan, Managing Director, Volvo CE India said, “Indian CE market is getting matured and one of the signs is the growth in used equipment trade. In this regard, we are extremely pleased with our agreement with SAMIL which will provide a seamless channel for our customers and dealers to engage actively in trade in and sale of used equipment. SAMIL's wide network of physical machine stockyards and their robust digital capabilities (Phygital) will support our dealer network enormously in facilitating used product trades.”

Sameer Malhotra, Director & CEO, SAMIL said, “We are thrilled to partner with Volvo CE, a brand renowned for quality and reliability, to empower their exchange programme. By leveraging our extensive network, expertise and Phygital solutions, we aim to enhance the value proposition for Volvo CE dealers and customers across India. This partnership further reinforces our commitment to providing comprehensive and innovative solutions to our partners and customers. Together, we are poised to create new opportunities and drive growth in the Used Construction Equipment sector.This partnership with Volvo represents a significant step forward in SAMIL's journey to revolutionize the Used Construction Equipment Business in Pan-India. We look forward to a successful collaboration that brings immense value to all.,”

The strategic partnership between SAMIL and Volvo CE will support business expansion by expanding market reach and reputation for used construction equipment. Volvo CE gains an extensive network and valuation experience, which enhances trade-in possibilities and increases customer satisfaction and loyalty. Similarly, SAMIL customers will get access to an extensive range of pre-owned construction equipment across India that will further fulfil SAMIL customer’s requirements.