Landmark Cars has executed an Asset Transfer Agreement to acquire an existing Kia Showroom business at Bowenpally, Hyderabad, following the receipt of Kia India's approval to operate a Kia showroom in Hyderabad, Telangana. For the Company, this will be the second Kia Showroom in Hyderabad and the fifth Kia outlet in the country. This showroom will be a part of M/s Landmark Premium Cars Private Limited, a wholly owned subsidiary company of Landmark Cars. The strategic move aligns with Landmark's vision to strengthen its footprint in its existing territories and consolidate its market presence.
Landmark already has a strong presence with 7 outlets in Hyderabad across multiple brands, namely, Kia, Mahindra & Mahindra, and Mercedes-Benz.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content