Avis India Plans to Expand Fleet

Avis India plans to invest Rs 200 crore (about $40 million) to increase its fleet size to 5,000 units in the next 12 to 18 months, according to a report by the Press Trust of India (PTI).

Currently, Avis India — a joint venture between Avis Budget Group and The Oberoi Group — has a fleet size of 2,800 cars for short-term rentals and long-term leases. The company plans to add 700 cars in the rental segment and 1,500 cars in the lease segment, says the report.

“We have established a huge network across the country,” Avis India CEO Sunil Gupta told PTI. “We are growing at around 28 to 30% year on year. Currently, we have 42 offices across 19 cities.”

Click here to view the full Press Trust of India report: http://www.business-standard.com/article/pti-stories/avis-india-plans-to-invest-rs-200-cr-to-expand-fleet-114092100131_1.html

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.


Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Trends Moving the Truck Market

Storylines that emerged from the 2018 Work Truck Show include the increasing need for on-site productivity, inclusion of active safety systems in trucks, DPF frustrations affecting product decisions, data management, and the growing link between fleet management and company revenue.

MIT Study Reinforces the Newfound Importance of Fleet

Uber and Lyft drivers make far less when factoring vehicle expenses, though the actual numbers are now in dispute. A proper lifecycle cost analysis would’ve helped, and shows the benefit of collaboration with fleet professionals.

What a Connected Fleet Means to Avis (and Car Rental)

Counter bypass is just the beginning. The promise of a “data-driven ecosystem” that connects renters with the rental agency, retail services, and even the city is a better managed fleet, an improved user experience, and new revenue opportunities during the rental itself.

Job Finder: Access Top Talent. Fill Key Positions.