Financial Daily from THE HINDU group of publications
Tuesday, Sep 09, 2003
Financial Daily from THE HINDU group of publications Tuesday, Sep 09, 2003 |
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Marketing
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Channels and Franchises Variety Auto opens M&M showroom in Hyderabad Our Bureau
Hyderabad , Sept. 8 VARIETY Automotives, part of the city-based Rs 62-crore Variety group, formally opened its automotive showroom-cum-service centre here on Monday. The Variety group promoters, Mr K. Prabhakar Reddy and Mr K. Sathya Reddy, told presspersons that the modern showroom undertakes the sale of vehicles, spares and servicing of all the Mahindra and Mahindra (M&M) range of vehicles. Stating that Variety Automotives was the first in Andhra Pradesh to obtain `world-class dealership' from M&M, they said the specifications for the distinction included total area of sales and service and high-level automation of servicing. The company has invested over Rs 1.3-crore to set up the facility. "We also undertake the services of vehicle insurance, vehicle registration and vehicle finance for the convenience of our esteemed customers at our showroom itself," the Variety group promoters said. The group is currently into business activities such as franchisee of FMCG products and agents for Tata Chemicals, Agro-Tech Foods, Adani Wilmar, Idea Cellular, Energizer India and Hero Motors.
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