Of the 14 lakh cars in Tamil Nadu, Chennai accounts for nearly 50 per cent and the demand for quality service dealer network is on the rise. To partially address this need, CarZ, one of India’s leading independent multi-brand auto solutions network, has entered Chennai, the ‘Detroit of India’. Music composer and singer Yuvan Shankar Raja officially inaugurated the outlet recy.ently
The first outlet in Tamil Nadu which is located in Mettukuppam, Chennai, takes CarZ presence in four States with 17 outlets and CarZ has announced an aggressive pan-India roll-out plan of 300 outlets in the next five years. CarZ is present in Karnataka, Kerala, Andhra Pradesh and Tamil Nadu. CarZ will be adding another 10 centers in Tamil Nadu in the next 12 to 24 months, with an investment of close to 2 million USD.
The car service business in India is roughly around Rs 30,000-crore, which is dominated by service centres of carmakers and unorganized players. As a fact only a third of the vehicles go back to the dealer after the warranty period, so there is huge opportunity. The latest trends suggest that car servicing in India is moving away from the traditionally run OEM dealer network to a more cost –efficient and professionally run multi -brand players.
Speaking on the occasion, Mr. Venu Donepudi, Founder & Managing Director of CarZ said, “Every fifth person in Tamil Nadu owns a vehicle, which augurs well for us. As for Chennai, the city is groaning under the burden of about 37 lakh vehicles with 70 per cent being two-wheelers, with a dearth of sufficient quality dealership networks to address them. Considering this huge market opportunity, we are delighted to spread our wings into Chennai, which is popularly regarded as the Detroit of India, and one of the most anticipated markets for any automobile company to be in.”
Mr. Vijay Gummadi, Founder & CEO of CarZ said, “Chennai is a very mature market, with a discerning set of customers with high expectations on quality and value. This market holds great potential for us as we too like the customers believe in highest quality service. It is our endeavor to provide complete auto care solutions including preventive maintenance, electrical & mechanical repair, accident repair – denting and painting, tyres and services, battery, variety of styling and performance accessories, interior and exterior detailing.”
Adding to that Mr. Yuvan Shankar Raja said, “I am personally am very enthusiastic about automobiles and would rely on only the best car service and maintenance company which can offer convenient, affordable, prompt and high quality service. CarZ to my mind brings all this and more with a young and vibrant team, guided by their passionate founders who have extensive experience having worked for world-class automobile players. ”
