Project report for Car service station
Project report for Four wheeler automobile workshop is as follows
India was the fourth largest car manufacturer in the world in 2018?1;. Indian auto manufacturers produced a record 29.1 milion motor vehicles in 2017/18 (Apr-Mar) incl. 4.01 million passenger vehicles. It produced and sold a record four million vehicles (cars, utility vehicles and vans) in the year ended March 31, 2018. The next milestone of five million vehicles might not take that long but is unlikely to happen by 2020, unlike some earlier forecasts. Between March 2013 and March 2018, domestic PV production saw a compounded annual growth rate (CAGR) of 4.42 per cent. Assuming this rate stays for the next few years, it could take another five years to reach five million units. The industry is more optimistic. That is because the CAGR in past three years has been 7.72 per cent.India was projected to become the third-largest PV market by 2020, according to estimates. It stood fifth in 2017 after China, the US, Japan and Germany.
The auto servicing market, currently pegged at Rs. 20,000 crore, is expected to be worth Rs. 33,000-34,000 crore by 2020. The growing number of cars in the market helps the firm to achieve good customers and thus making the project viable.
Product / Services & process
The firm provide the following services :
1.Four wheeler general services
2. New technology implemented complaints rectification
3. Full engine servicing using proper company recommended tools
4. Special eletrical ramps gives maximum safety for cars
5. Use only genuine spare sparts
6. Customer call back facility after service
7. Road assistance facility
8. Insurance claim
9 Free customer service
10.Total vehicle inspection and fine tuning
Market potential & Strategy
Everyone is facing acute scarcity of time, they need workshop with pick up and drop facility at your doorsteps at convenient time and also helping seniors on-road at the time of breakdowns.India, a nation where one can get pizza in just 30 minutes by dialing a call number; but what happens if one’s 4 wheeler encounters trouble on road? We aim to be the trouble shooters. Unfortunately none were providing these services.
The auto servicing market, currently pegged at Rs. 20,000 crore, is expected to be worth Rs. 33,000-34,000 crore by 2020.The firm provides road side assistance, pick and drop of two wheelers at extra charge, quick response for our regular customers and the unique list goes on. These are the USPs of this firm compare to the normal service garages. The high increase of four wheeler automobiles, increassed per capita of individuals and in adequate public transport system are the supporting factors for the two wheeler industry as a whole. For any vehicle it needs a special care and service on a while, so the potential is too high. The firm is planning to providea different customer experince through the service garage.