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  • Key Growth Strategies Redefining the Future of Indian Light Vehicle Leasing
    The company car market, which was impacted by the economic slowdown and the COVID-19 pandemic in 2019, recovered marginally in 2020

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    Vehicle leasing is seen as a solution to the growing number of challenges faced by companies in terms of their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses are focused on their core products/services and seek to outsource support activities. Mobility is a significant department that involves a wide range of activities - from fleet purchases to remarketing. For each segment in the value chain, unless an expert team is on the job, issues such as cost spikes, utilization mismatches, irregularities in fleet maintenance, and risks of dips in residual value can crop up. Leasing enables hassle-free on-demand mobility and fleet after-service facilities (along with a host of other benefits). The growing demand for these services and facilities has driven the growth of the leasing market, given it a structure, and regulated the ecosystem.

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