Mahindra & Mahindra through its used car retail chain FirstChoice is planning to enter in to Automobile servicing. The aftermarket service sector in India that is pretty much unorganized is estimated to be Rs20,000 crore. Mahindra is expected to have 450 service stations in next 3 to 4 years.
Carnation, the venture stated by Jagdish Khattar after his stint with Maruti Suzuki as MD is the first chain in this supposed to be the sunrise sector in Automotive sector. This was followed by Bosch India that has planned to have 500 centres by end of 2010.
With growing sales or cars in India and increasing real estate costs the cost to run the service centres is a cause of concern for the OEMs leading to the growth of multi-brand service station concept. These concepts are very popular and well proven in western countries.
With increase in technology being used the cars, the presently dominant unorganized sector might loose the confidence from the customers and look for more liable brands.
Carnation, the venture stated by Jagdish Khattar after his stint with Maruti Suzuki as MD is the first chain in this supposed to be the sunrise sector in Automotive sector. This was followed by Bosch India that has planned to have 500 centres by end of 2010.
With growing sales or cars in India and increasing real estate costs the cost to run the service centres is a cause of concern for the OEMs leading to the growth of multi-brand service station concept. These concepts are very popular and well proven in western countries.
With increase in technology being used the cars, the presently dominant unorganized sector might loose the confidence from the customers and look for more liable brands.
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