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- 1. Entrepreneurship Management Business plan: Alphabet Pvt. Ltd. Submitted By Prashant Kunjadiya(178050592536) Bipin Mangukiya(178050592542)/ Submitted To Mr. Nandish Upadhyay Ms. Drashti Shah S.R. Luthra Institute of Management-805
- 2. Automobile Industry Automobile industry is globally one of the largest industries and a key driver of economy. India is Sixth largest producer in the world with an average annual production of 24 million vehicles in 2016. Contributes to 7.1 % of India's Gross Domestic Product (GDP) by volume. Two-wheeler production has grown from 8.5 million units annually to 15.9 million units in the last seven years. The government policies on Indian automobile industry have been framed in order to aid in the expansion of the automobiles sector in India.
- 3. Market Potential India’s passenger vehicles of around 29 million during 2015 are expected to grow to more than 48 million vehicles by 2020. Also, domestic sales of commercial vehicles are expected to grow of 11.6% from 0.6 million in 2015 to more than 2 million by 2026. It shows the high potential of repairing and maintenance of vehicles. Introduction GST the frequency of goods transport directly to end customers increase and the no of commercial vehicles plying the road will increase.
- 4. All types of motor commercial vehicles like 4 wheeler buses, and heavy duty vehicles require regular normal service and repairs for safety and durability of these vehicles. Commercial vehicle is always under heavy duty operating conditions and therefore require more frequent servicing and repair needs. So this opportunity and idea to start Vehicle Repair Shop.
- 5. Business plan: Alphabet Pvt. Ltd. Alphabet Pvt. Ltd. Ownershi p Locatio n Sector Nature
- 6. Service Feature Vehicle Repair Shop Service Appointment online Cheap rate Maintenance re-metalized •FREE Technical Advice and Visual Health Check Vehicle Bodwork Customize
- 7. Manpower Planning Sr. No. Type of Employees Monthly Salary No of Employees Year 1 Year 2 1. Skilled Operators 20000 1 2 2. Semi-Skilled 8000 3 3 3. Manager 25000 0 1 5. Other Staff 5000 0 1 4 7
- 8. Cost of Project Sr. No. Particulars RS. 1 Land (rent) 8,40,0000 3 Plant and Machinery 4,45,000 4 Fixtures and Electrical Installation 68,000 5 Other Assets/ Preliminary and Preoperative Expenses 25,000 6 Margin for working Capital 55,000 TOTAL PROJECT COST 14,33,000
- 9. Sources of Finance Sr. No. Particulars In Lakhs 1 Partner contribution 4.33 2 Loan Finance (8.5%) 10.00 TOTAL 14.33
- 10. List of Machinery required Sr No Particulars Quantity Rate Total Value 1 Truck Wheel Tyre Remover unit 2 60000 120000 2 Wheel / Rim Balancing machine 1 15000 15000 3 Heavy Duty Lathe bed 1 7500 7500 5 Gas Welding machine 1 6000 6000 6 Metalizing lathe and gun 1 8000 8000 7 Milling Machine 1 20000 20000 8 Pillar drilling machine 1 25000 25000 9 Air Compressor 1 180000 180000 10 Total 3,81,500
- 11. Profitability calculation Sr. No. Particulars Year wise estimates (Rs.) Year 1 Year 2 1. Operation 19,95,000 23,60,000 2. (-) COGS 17,20,000 18,08,000 3. (-)interest 80,000 80,000 4. (-) Depreciation 20,000 20,000 5. (-)Profit 1,75,000 4,52,000
- 12. SWOT Analysis • Competition • Updating on Technology • Tie up with Company’ s Service Station • Economic Growth • Frequent servicing and repair needs • Lack of Experience • Absent of R&D • Lack of Finance • Good Location • Instant service • Use of advance technology Strength Weakness ThreatsOpportunities