DUN & BRADSTREET LISTED & RECOGNIZED SAMIL & ITS GROUP COMPANIES AS ‘LEADING SMES OF INDIA 2024’

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. In their recent report, they have recognized and listed Shriram Automall & its Group companies like Adroit Inspection Services Private Limited and CarTrade Exchange , as "Leading SMEs of India 2024" in their 15th edition of premier publication.

This initiative recognizes and honours India's outstanding small and medium enterprises (SMEs). The publication features a comprehensive listing of over 5,800+ SME companies from diverse industry segments, showcasing their remarkable achievements and contributions to India's economic landscape.

SMES: THE BACKBONE OF INDIA'S ECONOMY

SMEs are the backbone of the Indian economy, contributing ~30% to GDP, one-third of India's manufacturing output, employs over 120 million people and account for nearly half of India's total exports. Notably, women owned MSMEs are a powerful force, comprising 21% of all MSMEs and generating 19% of total employment. Additionally, MSMEs are rapidly embracing digitalization, with 72% of transactions now occurring online and 43% actively involved in e-commerce as per Dun& Bradstreet report.

SHRIRAM AUTOMALL AND ITS GROUP COMPANIES ARE “FUELING THE SPIRIT OF UDYAMI BHARAT:"

The theme Dun & Bradstreet’s 15th Edition of its annual publication – Leading SMEs of India 2024, “Fueling the Spirit of Udyami Bharat" emphasizes the crucial role of MSMEs in propelling India's economic growth and development. The Udyami Bharat program, built on the four pillars of Entrepreneurship, Prosperity, Modernization, and Self-reliance, aligns with the vision of a developed India by 2047. We are absolutely happy to contribute substantially at the “Fueling the Spirit of Udyami Bharat."

SHRIRAM AUTOMALL, ADROIT AUTO AND CARTRADEEXCHANGE’S CONTRIBUTION TOWARDS A “VIKSIT BHARAT”

Since independence, India has made significant strides in its economic development, emerging as a global economic powerhouse. The nation's aspiration to become a "Viksit Bharat" by 2047 is fuelled by a vision encompassing economic strength, effective governance, social progress, environmental sustainability, innovation, and global leadership.

Recognized as "Leading SMEs of India 2024" by Dun & Bradstreet, SAMIL and its Group Companies have demonstrated their commitment to driving India's economic growth and development. Through their contributions to entrepreneurship, prosperity, modernization, and self-reliance, they are playing a vital role in shaping India's future by:

·???????? Entrepreneurship: Over time, our initiatives at Shriram Automall and CarTradeExchange have significantly empowered drivers and machine operators by helping them transition into business owners. This has made a substantial contribution to uplifting farmers and transporters, providing unique solutions to enhance their businesses. We at Adroit Auto have enabled thousands of Business Associates across India to do their business successfully by associating with our innovative inspection and valuation solutions.

·???????? Prosperity: Promoting economic prosperity through efficient market mechanisms and unique ramping platforms at 135+ Automalls across India, enhancing customer experience and comprehensive services such as parking, documentation, logistics, inspection & valuation, ensuring a seamless and efficient experience for both buyers and sellers in the pre-owned vehicle market.

Furthermore, we have increased the value of national assets by facilitating efficient asset turnover through our comprehensive ecosystem, encompassing parking, valuation, refurbishment, disposal, and documentation.

Over the last 13 years, our holistic solutions at Shriram Automall and CarTradeExchange positively impacted the lives of 25,00,000 registered customers by facilitating transactions for over 20,00,000+ pre-owned vehicles, equipment and other assets worth of over Rs. 38,000 crores. We have also done over 1,00,00,000 inspection & valuation cases through Adroit Auto.

Modernization: SAMIL and CarTradeExchange are at the forefront of revolutionizing the pre-owned automotive market through technological advancements, digitalization, and sustainable practices. SAMIL is the only Phygital marketplace in India for pre-owned vehicles & equipment, offering a seamless blend of traditional in-person auctions and cutting-edge digital platforms simultaneously. Our extensive network of over 135 locations across India provides buyers and sellers with the opportunity to inspect vehicles firsthand, while the MySAMIL app and desktop bidding options enable a unique experience phygitally.

CarTradeExchange is the premier digital platform connecting buyers and sellers across India. Whether you're searching for a pre-owned car or exploring a wider range of inventory, our online platforms offer a convenient and accessible way to participate in auctions. Enjoy the thrill of bidding from the comfort of your home, on your terms. With CarTradeExchange, the world of auctions is truly at your fingertips.

Adroit Auto, a whole-subsidiary of SAMIL has established itself as a leading provider of comprehensive and reliable pre-owned vehicle inspections across India. Our comprehensive inspection services, including physical and on-ground assessments, valuations, and verifications, are designed to empower you throughout your used vehicle or equipment buying journey.

Self-Reliance: SAMIL, Adroit Auto, and CTE are self-reliant by being primarily based and operating within India, collaborating with local businesses, focusing on pre-owned vehicles & equipment, investing in technology, and fostering a skilled domestic workforce. These practices contribute to a stronger, more sustainable Indian economy.

As the backbone of the Indian economy, MSMEs like SAMIL, Adroit Auto and CarTradeExchange are crucial for fostering an enterprising, resilient, and inclusive nation. By leveraging technology, supporting domestic businesses, and promoting sustainable practices, we are setting a positive example for other SMEs and contributing to India's vision of a "Viksit Bharat."