Formula Group forays into self-drive rental for inter-city transportation

MUMBAI: Formula Group, a relocation and corporate services company, has forayed into self-drive rental space to provide conveyance to working professionals relocating from one city to another. The self-drive car rental solutions are provided till the time executives transport their current vehicles to the new city of posting or till they buy a new car.

Raman Narula, MD, Formula Group said, “Entering into this lucrative self-drive rental domain is a testament to the fact that we are going extra miles to provide our clients with the best-in-class services and superlative convenience and comfort in whichever city they get posted to.”

The service also works best for house wives who know driving but are not able to utilise their skills when there’s a need, either because there is only one car in the family or the car is under routine repair and maintenance.

The company has already acquired the necessary licenses for self-drive cars in Delhi NCR and Bengaluru and will soon be launching services in Mumbai as well.

Formula Group owns over 400 cars of its own along with a supply chain network of car rental companies to provide seamless services to its patrons in remote locations. The company has presence in service verticals including relocation, immigration, serviced apartment, cross cultural training, travel and recruitment.

The 3 billion dollar self-drive market in the country is poised to develop tremendously and will dominate the mobility landscape of India.