MG Motor India has made an interesting announcement for its Rent-a-Car division. The carmaker has delivered 108 Hector SUVs over a single business day to ORIX India. ORIX, a part of ORIX Corporation, Japan, is one of the largest car leasing and rental companies in the country. MG mentioned that the formal handing-over ceremony was held at MG Moti Nagar, New Delhi.
Car Leasing Gets Increasingly Popular In The Indian Market
Given the popularity of car leasing in the recent few years. MG is now involving itself in the business. MG has always laid great importance on its relationships with its customers. With an aim to constantly deliver on their highest expectations, MG has tied up with ORIX.
ORIX too mentioned they are aiming big with this partnership. With MG Hector Plus in its lineup, its premium car rental fleet now has more options. Post the pandemic there has been an unprecedented surge in demand. With the business reaching new heights. ORIX is fully prepared to set newer milestones. This large volume of orders indicates a strong validation of the trust
ORIX And Its Business Vertical In India
As mentioned ORIX Auto Infrastructure Services Limited is a big name in the car leasing business. It is Japan’s Second Largest Self-Drive Car Rental Company and World’s 4th Largest Consumer Finance Company. Furthermore, ORIX is also globally listed on the New York Stock Exchange and Tokyo Stock Exchange. In India, ORIX has been serving Indian corporations for over 25 years. Its several business verticals include Car Rentals, Car Leasing, Equipment Leasing, Employee Transportation Solutions, SME Lending, Service Centers, MyChoize Self-Drive Car Rentals, Shuttles and Commercial Vehicle Finance. Currently, ORIX India also enjoys the distinction of being India’s largest B2B Car Rental Player, India’s Largest and Most Innovative Car Leasing Company and India’s Second Largest B2B Employee Transportation Provider.
Also Read: Volkswagen India & ORIX announce subscription based car ownership model.
