It is the dream of every man to buy a car for himself with his earnings, however, if we talk about India, people also like to take second hand cars here and due to the increasing demand for vehicles, the automobile industry in India has grown very fast. The automobile industry is the fastest growing industry in the world and it is highly diversified, which means that there are so many options available in it that the choice of common man to a billionaire is taken care of and anyway people here have People like Tata Nano so people buy Ferrari too, right? And today Export will tell you how you can set up your own automobile industry, so first of all let’s talk about the Indian automotive industry, it was the fifth largest market in the world in 2020 by selling about three and a half million units, in which commercial And passenger vehicles were included, as well as in terms of making commercial vehicles in 2019, India was on the seventh position, in 2020 only about three million vehicles were sold in India, guess from this that
How much we Indians are fond of vehicles, now a question may come in your mind that why should you invest in the automobile industry? So brother, there are many reasons for this, such as the automobile industry acts as a driver in India’s technological growth and one of its total contributions to Indian GDP. Point is of one percent as well as it is being produced that by 2026 India will emerge as the third largest automotive market in the world and the best thing is that the Indian automotive industry is spread in all the four directions of the country like North Delhi, Gurgaon, Faridabad in West, Mumbai, Pune, Nashik, Aurangabad, Chennai, Bengaluru in South and Jamshedpur and Kolkata in East, so you are in any part of the country, target your nearest city and develop your business. You can think that setting up the automobile industry is a huge task, that’s why the most important thing in this is investment. If you have crores of rupees, then you can start your own company without any loan or foreign investment.
If we talk about government support, then on behalf of the Government of India, Ministry of Heavy Industries and Public Enterprises, Automotive Research Association of India and Society of Indian Automobile You will have to contact the manufacturers, from where you can get complete information about setting up the industry, as well as after the introduction of the Make in India scheme, the Central Government keeps on announcing subsidies and financial help to support almost every manufacturing industry, so you A lot of useful information will also be available from the Make in India website, if we talk about foreign investment, then the world’s leading automobile companies like BMW Port, General Motors, Honda, Hyundai, Kia Motors, Mercedes, Nissan, Piaggio, Renault Suzuki, Toyota Volkswagen and Volvo Companies invest money as investors as well as expand their business in India, as far as setting up a company is concerned, Quick Support has told you many times that you can start your own company.
Along with how to create, we have also put a separate video of making a private limited company, which you must watch so that you get complete information or if you search on YouTube, how to start a private limited company, then in the search result, you will get quick support. The video will show you that after forming the company, you will also have to decide what kind of vehicles you will make in your company, because almost all types of vehicles are made in India, such as passenger vehicles, commercial vehicles, three wheelers, two wheelers, luxury cars. , Super Bikes Auto, Truck, Bus, Tractors, almost everything, as well as you have to work on why people will buy your vehicles, means companies like Already, Maruti Suzuki, Hyundai, Toyota, Tata, Mahindra are present in the market, then you have to find your customer. To create a base, you have to offer something different and different to your customers, which fulfills their needs and is also within their budget. Before stepping into the market, you have to do market research that what features and offers people are looking for while buying a car these days. And also when you start your business
If you start, knowing which competition you will get is also very important for your growth. For your own automobile company, you will need a research and development team, which is involved in creating new products, prototype design, manufacturing, new models of vehicles. Will work to prepare, advance vehicles and improve the technology of your company, for this you will need highly trained and skilled professionals from the industry itself, however you will be surprised to know that in a car at least thirty thousand small and big There are parts, so if you want to manufacture auto parts for your company yourself, then the cost of your company will increase a lot, so tie up with such a company, whose job is to supply manufacturing components. Also, most of the companies import their components from outside and if they have their own assembly line, then it is okay, otherwise they get the assembly work done in another company, like KTM Motors gets its bikes assembled from Bajaj in India .
With this, you will not have to set up your assembly unit and there will be no hassle of managing a large manpower along with the plant. When your product is ready, it will need to be marketed and advertised because what is seen in the world today is sold. It runs on policy, that’s why you can keep your own marketing team or you can get advertisement and campaign design done by any marketing company. You can use TV, radio, print, digital media all kinds of platforms for marketing, as well as country and You can also participate in the Auto Expo to be held in the big cities of the world, apart from these, many news channels also feature news related to the automobile industry, it can be beneficial for you to feature your company and products like automobiles in billions of dollars. Being a part of the key industry, you will also have to set up a corporate office for the company, obviously it should be in a metro city and anyway most of the car or automobile companies have their corporate office in Delhi, Gurgaon, Noida, Mumbai, Chandigarh, Chennai
Like keeping in cities so that the work of developing business and dealing with clients can be easy and one most important thing is that you will start getting a lot of profit as soon as you make an automobile company, there is no guarantee for this you have to keep patients and at least five You will have to wait for ten years because winning the trust of the customers is the biggest thing, if your product and service are good, then people will definitely buy your vehicles, like if we talk about Tesla Motors, then the company made one eighty million dollars as a startup. Invested and is still trying to win the trust of people, as well as the information we are giving you is our own research, for this, before starting any business, do not forget to do your own research work. This will benefit you and will also give you confidence, to promote the automobile industry in India, the Central Government is bringing new schemes and policies every day and also promoting foreign direct investment, which has made Tesla a subsidiary in India. register as a company
Along with this, the Central Government will also give an incentive of four point six billion dollars to advance battery manufacturing companies in India. Transport Minister Nitin Gadkari has announced that India will be made a global automobile manufacturing hub by 2025. The Government of Andhra Pradesh has also It has been said that land will be given at a cheap price for the automobile industry and there will be facility of nonstop power supply round the clock. You can earn money, the most common business in these is automobile parts, vehicles are running on the roads, so they also deteriorate, in such a situation, their life is long only when original and strong spare parts are used in them, so if you open a spare parts showroom Or if you take a dealership, you can earn a good profit. If you can open an authorized service station of any car company, then you can generate a good profit in it because there are many such work bike owners who
Get your vehicles fixed at the authorized service station only because there is assurance of getting good service, as well as trend and certified machine team works in the authorized service station as compared to any street garage. Third is that if you own a proud car or If you are a bike owner, then you must be taking care of your car, that means, along with maintaining the car, you also take care of its cleanliness, so those who are unable to wash their own car or do not have time to wash it, then that car wash Let’s give for and nowadays car wash business is going well in every small and big city, you can also get into this business. The invention of the wheel is considered one of the most important inventions of human civilization. Vehicles will not run without wheels and this is where they can give you profit means if you want to expand your business or want to start a new business then you can open a tire showroom, in this also you will get Apollo, JK Tire, Seat, MR Dealerships of big companies like Ace will have to be taken and at number five is the business of car accessories i.e.
Car is a life, style, status and identity in every country, that’s why people spend a lot on decorating vehicles, so if you start the business of car accessories, then it will not be a loss deal, just you will need the right location in the market. By researching and knowing the demand of customers, you can also earn well from this business model, so this full case study video of Quick Support on Automobile Industry? How do you like this information? Who will definitely tell by writing in the box, do you have any other question or want to know on any other topic? If you want to know any such full case study video, please write us in the comment box and share your ideas, dreams and suggestions, as well as today so many people have joined us, most welcome, you have liked this information in your quick support family, already If you have already written, please do not forget to share, if you keep getting such information from time to time, then for that you will have to do one thing and it is a very small work, follow our site, thank you