Project report for Automobile workshop - Four wheeler

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Introduction

India was the fourth-largest car manufacturer in the world in 2020. Indian auto manufacturers produced a record 29.1 million motor vehicles in 2017/20 (Apr-Mar) incl. 4.01 million passenger vehicles. It produced and sold a record four million vehicles (cars, utility vehicles, and vans). The next milestone of five million vehicles might not take that long but is unlikely to happen by 2021, unlike some earlier forecasts. Between March 2013 and March 2020, domestic PV production saw a compounded annual growth rate (CAGR) of 4.42 percent. 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 the past three years has been 7.72 percent. 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 an acute scarcity of time, they need a workshop with a pickup and drop facility at your doorsteps at a 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 troubleshooters. 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 roadside 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 increased per capita of individuals, and the adequate public transport system is the supporting factor for the two-wheeler industry as a whole. For any vehicle, it needs special care and service for a while, so the potential is too high. The firm is planning to provide a different customer experience through the service garage.

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