Shriram Transport Finance Company, India’s largest asset financing company, launched Shriram Automall in Chennai. The country’s first single-window destination for trade of pre-owned trucks was inaugurated by Union Home Minister P Chidambaram. The facility, spread across a sprawling 2 lakh sq ft space, is the first-of-its kind initiative which will give access to the country’s large community of truck-owners to trade their vehicles in a hassle-free manner. At the Automall, apart from trading of truck, the truck-owner will also be able to explore financing and insurance options as also minor and major repair facilities. Rest rooms for travel fatigued truck drivers and cleaners are also provided as an add-on facility. “Road transport today is the lifeline of the country’s growing economy. We are excited with the launch of our Automall which will benefit truckers in prompt replacement of their vehicles leading to the modernisation of the country’s trucking fleet. The facility will house hundreds of pre-owned vehicles both in as-is-where-is and refurbished condition and truckers will be able to trade in a transparent manner,” said R Sridhar, Managing Director, Shriram Transport Finance Company.