Multi-brand automotive service chain, CarZ, has announced its entry into Chennai, with the setting up of an outlet at Mettukuppam, and plans to set up more outlets in Tamil Nadu.
Promoted by Hyderabad-based entrepreneurs, CarZ plans to expand its presence across India with a chain of over 300 outlets within five years. It is now present in Karnataka, Kerala, Andhra Pradesh and Tamil Nadu.
CarZ will be adding another 10 centres in Tamil Nadu in the next 12 to 24 months with an investment of about Rs 10 crore.
According to CarZ, the country’s services business is estimated to be worth about Rs 30,000 crore, which is dominated by service centres of car makers and unorganised players.
In fact, a third of the vehicles go back to the dealer after the warranty period. This offers huge opportunity for professional service providers.