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Shriram Automall to foray into Rs 50,000 cr forward auction industry


Shriram Automall India Limited (SAMIL), part of Shriram Group and MXC Solutions, has received the Standardisation Testing & Quality Certification (STQC) E-Procurement System (ePS) certificate from the Ministry of Electronics & Information Technology. The certificate will enable the company to foray into the Rs 50,000 crore public sector forward auction industry.
After going through extensive tests for nearly three years, SAMIL has become the first private company in India to have its auction portal certified by the prestigious STQC directorate for exclusively conducting “forward auctions”, which is among the first of its kind issued by the agency, said Sameer Malhotra, CEO SAMIL.
He added that STQC is an e-procurement system that is responsible for maintaining e-governance standards and related conformity according to DeitY-guidelines which are an essential requirement for various government agencies for their e-procurement needs and for various entities to conduct ....

Sameer Malhotra , Shriram Transport Finance Company Ltd , Ministry Of Electronics Information Technology , Solutions India , Adroit Inspection Services Pvt , Shriram Automall India Limited , Shriram Group , Standardisation Testing , Quality Certification , E Procurement System , Transport Finance Company Ltd , Adroit Inspection Services , Shriram Automall , Auction Industry , Standardisation Testing Amp Quality Certification , Ministry Of Electronics Amp Information Technology , அதே மல்ஹோத்ரா , ஸ்ரீராம் போக்குவரத்து நிதி நிறுவனம் லிமிடெட் , அமைச்சகம் ஆஃப் மின்னணுவியல் தகவல் தொழில்நுட்பம் , தீர்வுகள் இந்தியா , ஸ்ரீராம் தானியங்கு இந்தியா வரையறுக்கப்பட்டவை , ஸ்ரீராம் குழு , தரம் சிஇஆர்டிஐஎஃப்ஐசிஏடிஐஓஎன் , ஏ ப்ரொக்யூர்மெஂட் அமைப்பு , போக்குவரத்து நிதி நிறுவனம் லிமிடெட் , ஸ்ரீராம் தானியங்கு ,