After proving our mettle in the coal and steel segments, we ventured into the auto business in the year 2006. We offer B2B services by a simple plug-in system, for the online sale of repossessed vehicles through our eSales platform, autojunction. This mode of operation provides the bidders with a convenient way of buying used or pre-owned vehicles, and the sellers (mostly auto finance companies) with an opportunity to reach out to a wider buyer base across the country.
Our processes are supported through the expertise offered by professionals from within the industry enabling us to ensure better price realizations to the sellers and greater speed and efficiency to the buyers.
The efforts of our dedicated team bore fruit with autojunction becoming a preferred source for pre-owned vehicles. Regarded as a hassle-free and competitive end-to-end vehicle procurement system, autojunction provides a wide variety of choice at the most reasonable prices.
This initiative taken by us has resulted in breaking large and powerful cartels and has helped establish an organized channel for the buyers and sellers of pre-owned vehicles.
Over the years we have grown in every respect - services, people, reach, infrastructure and revenue. As we continue to grow and add value to the supply chains we serve, we have broadened our horizons beyond the world of steel and metals.
We thus felt that the time was ripe to give ourselves a new name, a new identity to reflect our metamorphosis. So we heralded the new year with a new brand name and logo, and we have become mjunction services limited from metaljunction services limited. Other business units under the mjunction umbrella continue to have identities of their own.
Though our name has changed, and our horizons widened, our values haven't. We will continue to bring greater efficiency, convenience and transparency to even more supply chains in the future with the innovative use of IT and the Internet.
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