Popular Vehicles & Services’ 100% step-down subsidiary -- Kuttukaran Cars has received a total of four Letters of Intent (LoIs) for setting up Ather 3S facilities in Maharashtra. This expansion signifies its entry into a new state with Ather. Maharashtra will be the third state in this growing network.
Two of the four planned facilities will be located in Nagpur, with the remaining two will be set up in Chandrapur and Chhatrapati Sambhaji Nagar (formerly Aurangabad), one in each city. Each facility will feature an Experience centre, a Service centre and a Warehouse. Operations are expected to commence in the second quarter.
Popular Vehicles & Services is engaged in the business of automobile dealerships in India. It provides complete services throughout the life cycle of vehicle ownership, including sales of new and preowned vehicles, servicing, spare parts distribution, driving schools, and third-party financial and insurance product sales.
