The Ultimate Machines
Indian Automobile industry is one of the largest, growing and promising sector in the world. The Automobile industry can be mainly classifieds into Consumer vehicles and Heavy vehicles. In the Consumer vehicles it self we can generally classifies vehicles based on the wheels. In India Two wheelers, Three wheelers and Four wheelers were popular. Indian two wheeler industry is the world's largest manufacturers of motorcycles.As for a start up 'am here going to describe about the opportunities hidden in the automobile sector in India. To give more focus we can zoom in to the two wheeler market in India.
The Indian Two wheeler market is like an ocean, with around 13.8 million unit sales per year. It has over crossed the Chinese market with 13.6 m production.The Indian Two wheeler market is still growing on an average of around 4%. We have around 4 million 4 wheelers and around 14 million two wheelers produced every year. We are actually sitting in top of a gold mine!!!! As per the industry research India doesn't have sufficient 'Garages 'for the maintenance of the vehicle. There is a huge opportunity awaiting for an organised low cost garage network across the country. As of now some authorized service centers were there for the maintanance.
For a business start up , automobile maintenance business is a very lucrative and gave fast ROI. For starting up these business , you should have a basic knowledge about the industry and the mechanical part. The following things needed for starting a small two wheeler garage (My assumption)
1) Skilled labour - 2 nos
2) Floor space - min 500 sqft
3) Tools - As per industry standards
You should purchase all the spare parts from an authorised dealer and can earn the profit from that in addition to the service charge. As per my observation most of the maintanance work involve the wear and tear and oil replacement. So if you are smart enough, you can set up these garage in a second hand truck or van. Thus you can avoid the initial cost for land . More over the advantage of this is you can advertise this as a mobile garage unit.
When your business grows, you can built a common maintenance yard and can use these mobile vans for small repairs. Better service, affordable rates and proper communication will definitely help you to win the race. If am not wrong , i think minimum you can earn more than Rs 2000 from a garage .
Building a chain of Garage will be an innovative business and in future you can distribute a "Passport" program to your clients for making them close with you. Each proper service with you will help them earn points and if they refer somebody, additional points will be added to there account.
Good Services and Better Customer care will never be waste, that will automatically return to you as 'Business'
The Indian Two wheeler market is like an ocean, with around 13.8 million unit sales per year. It has over crossed the Chinese market with 13.6 m production.The Indian Two wheeler market is still growing on an average of around 4%. We have around 4 million 4 wheelers and around 14 million two wheelers produced every year. We are actually sitting in top of a gold mine!!!! As per the industry research India doesn't have sufficient 'Garages 'for the maintenance of the vehicle. There is a huge opportunity awaiting for an organised low cost garage network across the country. As of now some authorized service centers were there for the maintanance.
For a business start up , automobile maintenance business is a very lucrative and gave fast ROI. For starting up these business , you should have a basic knowledge about the industry and the mechanical part. The following things needed for starting a small two wheeler garage (My assumption)
1) Skilled labour - 2 nos
2) Floor space - min 500 sqft
3) Tools - As per industry standards
You should purchase all the spare parts from an authorised dealer and can earn the profit from that in addition to the service charge. As per my observation most of the maintanance work involve the wear and tear and oil replacement. So if you are smart enough, you can set up these garage in a second hand truck or van. Thus you can avoid the initial cost for land . More over the advantage of this is you can advertise this as a mobile garage unit.
When your business grows, you can built a common maintenance yard and can use these mobile vans for small repairs. Better service, affordable rates and proper communication will definitely help you to win the race. If am not wrong , i think minimum you can earn more than Rs 2000 from a garage .
Building a chain of Garage will be an innovative business and in future you can distribute a "Passport" program to your clients for making them close with you. Each proper service with you will help them earn points and if they refer somebody, additional points will be added to there account.
Good Services and Better Customer care will never be waste, that will automatically return to you as 'Business'
