Landmark Cars set to expand with new Mercedes-Benz workshop in Hyderabad

Landmark Cars Limited (BSE: 543714 & NSE: LANDMARK), a leading figure in India’s premium automotive retail sector, has recently received a significant nod from Mercedes-Benz India. The approval is for the establishment of a new workshop in Hyderabad, marking a pivotal expansion for the company into Southern India.

Promoter’s Perspective on Expansion:

Sanjay Thakker, the Promoter, Chairman, and Executive Director of Landmark Cars Limited, expressed his enthusiasm for this development. He highlighted that this venture in Hyderabad is not just an expansion into a new geographic area but also a reinforcement of the strong partnership between Landmark Cars and Mercedes-Benz. With this new workshop, Landmark Cars will increase its footprint to 21 Mercedes-Benz outlets across five states in India, emphasizing their shared vision for the Indian market and commitment to customer excellence.

About Landmark Cars Limited:

Landmark Cars Limited stands as a prominent name in the premium automotive retail business in India. The company boasts an extensive network of dealerships for top-tier brands like Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, and MG Motors. In addition to passenger vehicle retail, Landmark Cars also deals with the commercial vehicle sector through its partnership with Ashok Leyland. Its business model encompasses a comprehensive range of services, including the sales of new vehicles, after-sales service and repairs, pre-owned passenger vehicle sales, and the facilitation of third-party financial and insurance products.

Strategic Importance of the Hyderabad Workshop:

This new workshop in Hyderabad is a strategic move by Landmark Cars, tapping into a high-growth geography with a focus on premium and luxury brands. It signifies the company’s ongoing commitment to enhancing its presence in the Indian automotive market, particularly in the luxury segment.