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E Vehicles - A Rapid Growing Auto Sector.

The government has approved a program of 10 billion rupees under "Rapid adoption and manufacture of Electric Bikes in India for the promotion of electric vehicles in India II". This scheme's primary purpose is to facilitate the faster adoption of electric and hybrid vehicles by providing advanced incentives for the purchase of electric vehicles and establishing the charging infrastructure required for electric cars. This plan will help address environmental pollution and fuel safety issues.



Reduced GST for Electric Auto Rickshaws from 12% to 5%. The Minister of Finance has announced an additional income tax deduction of 1.5 rupees on borrowings. The government is turning India into a global hub for electric vehicle manufacturing.

 

Related Projects: - Electrical, Electronic Industries and Power Projects

 

A movement large enough to have a spillover effect on green movements around the world. In India, the government is also interested in replacing fossil fuel-powered vehicles with electric vehicles. 2017 began with the ambitious goal of a 100% electric vehicle by 2030.

However, the auto industry's resistance and fear of unemployment have forced the government to lower its goals. Therefore, it isn't easy to achieve transformation in the mobility sector without the prior government support for investment in Electric Cars infrastructure and without giving money to the automotive industry and consumers.

 

Need for Electric Cars in India

Pollution Prevention: According to the International Council for Clean Transport (ICCT), an estimated 74,000 premature deaths were due to air pollution from India's transport tailpipe emissions in 2015.

Besides, many of the world's major polluted cities come from India. For example, New Delhi.

Climate Change Mitigation: In December 2019, the 2020 Climate Risk Index released by German watch, a group of environmental experts, ranked India in terms of global vulnerability scale from 14th in 2017 to 5 in 2018. It got worse.

 

NPCS assist a start-up or entrepreneur in evaluating any critical component of the company selection process across its numerous services, such as detailed project analyses, project identification, and market analysis reports. Demand forecasting, current competitors, regulatory climate, and the business value of a project are all included in our market study and project discovery studies.

 

This gives India more reason to prioritize automobiles and Electric Scooters in the fight against fossil fuel dependence.

Sustainable energy options: The move to electric vehicles will help India reduce its dependence on oil while solving energy shortages and moving to renewable and clean energy sources.

FAME Scheme: The Government of India is gaining momentum through rapid adoption and manufacturing schemes for electric vehicles (hybrid and) and is encouraging the adoption of electric vehicles (EVs) to achieve 30% EV penetration.

If these targets are met by 2030, up to 474 million tonnes of oil equivalent (Mtoe) and 846 million tonnes of net CO2 emissions can be saved over their entire useful lives.

Tax incentives: Various demand tax incentives are being implemented to stimulate the production and consumption of electric vehicles and charging infrastructures, such as income tax refunds and tariff exemptions.

 

Books:- BOOKS & DATABASES

 

India Goal on Electronic Vehicles

Increased EV R & D: The Indian market needs to encourage unique technologies that are strategically and economically suitable for India.

It makes sense to use a local university or existing industrial centre, as lowering prices requires local R & D investment.

India should work with countries like the United Kingdom to synergize the development of electric vehicles.

Raise public awareness: Breaking old norms and establishing new consumer behaviour is always a challenge. Therefore, dispelling various myths and promoting electric vehicles in the Indian market requires awareness and education.

Feasible electricity rates: Given current electricity rates, charging at home can also be an issue if the power generation comes from a coal-fired power plant.

Therefore, what is needed to drive electric vehicles' growth is a change in the overall landscape of power generation.

Against this backdrop, India will become one of the largest solar energy and energy storage markets by 2025.

The combination of PV grid solutions with overall improved grid resilience makes an appropriate charging infrastructure for electric vehicles an environmentally friendly option.

Building a Closed-Loop Mobility Ecosystem: Subsidizing electric supply chains' production will strengthen the development of electric vehicles in India.

In addition to the charging infrastructure, you also need a robust supply chain.

 

Finding the right startup business is one of the most popular subject today. Starting a business is no easy endeavour, but the time, effort, and challenges can be worth it if you succeed. To give yourself the best chance to be successful, take your time to carefully find the right business for you. We, at  NPCS, endeavour to make business selection a simple and convenient step for any entrepreneur/startup. Our expert team, by capitalizing on its dexterity and decade's long experience in the field, has created a list of profitable ventures for entrepreneurs who wish to diversify or venture. The list so mentioned is updated regularly to give you a regular dose of new emerging opportunities. Right business idea is the first step of any project cycle. Investor/Entrepreneurs need to identify and zero in on a business/project that suits their requirements and can help them attain their goals before spending significant time and resources on a business. They also need to study in detail the feasibility of the proposed project/business well before they start planning the other steps of the project cycle. Usually various aspects are required to be studied before picking a project (business idea). You will filter the projects/businesses based on the above criteria and find an appropriate business/startup/project that fits your investment requirements, follow this link below!

 

https://www.entrepreneurindia.co/project-identification



 

Related Videos:- Electrical, Electronic Industries and Power Projects

 

Besides, battery recycling stations need to recover metal from the batteries used for electrification to create the closed loops required to switch to electric vehicles and environmentally friendly decision.

Conclusion: The project report formulated by NPCS is highly accomplished and made by experienced consultants.

 

Niir Project Consultancy Services (NPCS) is a team of highly experienced engineers, planners, specialists, financial experts, economic analysts, and design specialists who prepare the project reports on different segments you can get the project report on E Vehicles. The data provided in project reports are assessed multiple times with the help of industry players. The report not only gives the details about the current market scenarios but also on future growth and demand of markets too. 

EV_Art2021

 

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

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Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

And before diversifying/venturing into any product, wish to study the following aspects of the identified product:
  • Good Present/Future Demand
  • Export-Import Market Potential
  • Raw Material & Manpower Availability
  • Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

Reasons for buying the report:
  • This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.
  • This report provides vital information on the product like its definition, characteristics and segmentation.
  • This report helps you market and place the product correctly by identifying the target customer group of the product.
  • This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.
  • The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.
The report contains all the data which will help an entrepreneur find answers to questions like:
  • Why I should invest in this project?
  • What will drive the growth of the product?
  • What are the costs involved?
  • What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product. The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

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  • We use reliable sources of information and databases. And information from such sources is processed by us and included in the report.

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

Introduction
  • Project Introduction
  • Project Objective and Strategy
  • Concise History of the Product
  • Properties
  • BIS (Bureau of Indian Standards) Provision & Specification
  • Uses & Applications
Market Study and Assessment
  • Current Indian Market Scenario
  • Present Market Demand and Supply
  • Estimated Future Market Demand and Forecast
  • Statistics of Import & Export
  • Names & Addresses of Existing Units (Present Players)
  • Market Opportunity
Raw Material
  • List of Raw Materials
  • Properties of Raw Materials
  • Prescribed Quality of Raw Materials
  • List of Suppliers and Manufacturers
Personnel (Manpower) Requirements
  • Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel
Plant and Machinery
  • List of Plant & Machinery
  • Miscellaneous Items
  • Appliances & Equipments
  • Laboratory Equipments & Accessories
  • Electrification
  • Electric Load & Water
  • Maintenance Cost
  • Sources of Plant & Machinery (Suppliers and Manufacturers)
Manufacturing Process and Formulations
  • Detailed Process of Manufacture with Formulation
  • Packaging Required
  • Process Flow Sheet Diagram
Infrastructure and Utilities
  • Project Location
  • Requirement of Land Area
  • Rates of the Land
  • Built Up Area
  • Construction Schedule
  • Plant Layout and Requirement of Utilities
Assumptions for Profitability workings
Plant Economics
Production Schedule
Land & Building
  • Factory Land & Building
  • Site Development Expenses
Plant & Machinery
  • Indigenous Machineries
  • Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets
  • Furniture & Fixtures
  • Pre-operative and Preliminary Expenses
  • Technical Knowhow
  • Provision of Contingencies
Working Capital Requirement Per Month
  • Raw Material
  • Packing Material
  • Lab & ETP Chemical Cost
  • Consumable Store
Overheads Required Per Month And Per Annum
  • Utilities & Overheads (Power, Water and Fuel Expenses etc.)
  • Royalty and Other Charges
  • Selling and Distribution Expenses
Salary and Wages
Turnover Per Annum
Share Capital
  • Equity Capital
  • Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals
  • Revenue/Income/Realisation
  • Expenses/Cost of Products/Services/Items
  • Gross Profit
  • Financial Charges
  • Total Cost of Sales
  • Net Profit After Taxes
  • Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements
  • Current Assets
  • Gross Working. Capital
  • Current Liabilities
  • Net Working Capital
  • Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets
  • ROI (Average of Fixed Assets)
  • RONW (Average of Share Capital)
  • ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios
  • D.S.C.R
  • Earnings Per Share (EPS)
  • Debt Equity Ratio
Annexure 7 :: Break-Even Analysis
  • Variable Cost & Expenses
  • Semi-Var./Semi-Fixed Exp.
  • Profit Volume Ratio (PVR)
  • Fixed Expenses / Cost
  • B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume
  • Resultant N.P.B.T
  • Resultant D.S.C.R
  • Resultant PV Ratio
  • Resultant DER
  • Resultant ROI
  • Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status
  • Equity Capital
  • Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks
  • Determined Capacity P.A of Products/Services
  • Achievable Efficiency/Yield % of Products/Services/Items
  • Net Usable Load/Capacity of Products/Services/Items
  • Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation
Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit
Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,
Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit
Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses
Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges
Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses
Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses
Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)
Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)
Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits
Annexure 35 ::Projected Pay-Back Period And IRR