DIMO joins HNB to foster Tata Vehicle and DIMO Agri Machinery sales

From left: Tata Commercial Vehicle Sales Regional Manager Hemal Rathnayake, Tata Passenger Vehicles Deputy General Manager Anura Wijesinghe, DIMO Agri Machinery Sales General Manager Gihan Fernando, Tata Motors Ltd. Country Manager Sri Lanka Madhu Singh, Tata Commercial Vehicle Sales Deputy General Manager Sampath Kumarasinghe, HNB Senior Manager Leasing Nalin Dissanayake, HNB Assistant Manager Leasing Roshan De Silva, HNB Executive Business Development Leasing Mahesh Ratnayake, Tata Motors Ltd. Product Manager Pyush Mahajan, Tata Pickups Product Manager Ruwani Fernando and Tata LCV Trucks Product Manager Jeyarajah Dayabaran

Diesel and Motor Engineering Plc(DIMO) and Hatton National Bank (HNB) have once again partnered to foster Tata Commercial and Passenger Vehicles together with DIMO Agri Machinery sales while providing a host of benefits to all customers. 

This exclusive partnership provides tailored leasing packages and reduced interest rates from the current market rate for all the brand new Tata Commercial, Passenger and DIMO Agri Machinery buyers from DIMO. 

The relationship between banking giant HNB and DIMO has spanned more than a decade, ensuring that the customer is the ultimate beneficiary of the partnership. The wide reach of the bank, with over 251 Customer Centres across Sri Lanka, offers unparalleled convenience and easy access to Sri Lanka’s bestselling Vehicle and Agri Machinery range. 

Tata Commercial Vehicle Range includes a rich product portfolio starting from the mini trucks (Payload below 1 ton), Single cabs, Intermediate and Light Commercial Vehicles (Deck length vary from 10 feet to 20 feet), Heavy Commercial Vehicles, Buses (seating capacity vary from 29 to 54 seaters) to 40-foot container haulers. 

The Tata passenger vehicle range includes the Tata Nano (the people’s car) and Tata Nexon the five-seater cross-over which is the newest addition to the passenger range. The new Tata Nexon is fitted with a 1.2 Litre Turbo Petrol Engine, automatic gear box and a Harmon Infotainment system. 

Tata Motors India and DIMO have a strong relationship spanning 57 years, and Tata commercial vehicles have played a vital role in the daily lives of many Sri Lankans. DIMO - Tata currently operates 37 branches across the country to offer Tata sales, service and genuine spare parts and provides 24-hour roadside assistance to Tata customers across Sri Lanka. 

DIMO Agri Machinery range includes the best in class Mahindra tractors, Claas harvesters, Sharp Garuda mini tillers, Kurtsan milking equipment and accessories. In addition to the lowest interest rates in the market, buyers will receive a host of other benefits, which include a free life insurance cover worth Rs. 4 million from HNB General Insurance and HNB Credit Card with no joining fee. 

Operating 251 customer centres island-wide, HNB Plcis Sri Lanka’s largest private sector commercial bank having been declared Bank of the Year 2017 by the prestigious British financial magazine The Banker in recognition of its performance as the most profitable banking group and for introducing unprecedented innovations to the domestic banking industry. HNB was adjudged ‘Best Retail Bank 2018 in Sri Lanka’ for the 10thtime while being recognised as having the ‘Best Micro Finance Product 2017 in the Asia Pacific Region’, HNB is the first local bank in Sri Lanka to receive an international rating on par with the sovereign from Moody’s Investor Services while maintaining a national long-term rating of AA - (lka) from Fitch Ratings Lanka Ltd., and being amongst the top 1000 banks in the world by The Banker.

Founded in 1939 as a purely automobile sales and repair concern, Diesel and Motor Engineering Plc(DIMO) has since grown in the size as well as scope of its activities. The company currently has over 1,700 employees as at March 2017 with an annual turnover of Rs. 44.4 billion (2016/2017). DIMO has a record of almost 80 years of experience in the automobile and engineering industry. Over the years, the company has made significant contributions to the development of infrastructure development and road transportation in Sri Lanka. From a company known for vehicles, DIMO today has diversified into many areas. Medical Engineering, Building Management Systems, Power Generation and Distribution, Material Handling, Storage and Warehouse Solutions, Power Tools, Agricultural Equipment, Total Lighting Solutions, Power Systems and Generators, Refrigeration, Ship Repairing and Driver Training Courses are some of the areas into which DIMO has entered during the past few decades. 

DIMO is currently looking beyond Sri Lanka to expand its operations and has also gone into the localfertiliser and seed industry.