e-Ashwa Automotive Private Limited

Terms & Conditions (Co-Assembler)

e-Ashwa Automotive Private Limited is one of the leading manufacturers of environment friendly Battery Operated Vehicles. The company Specialized in the manufacture of e-Rickshaw, e-Loader, e-Auto, e-Scooter and is in the process of research, development and approval for e-Bike, e-Cart & L5 category Vehicles.

e-Ashwa has a strong team of technical & skilled work force with hands on experience of both Automobile as well as the Aviation Industry. The Company mission is to manufacture world class Electric Vehicles under Make in India program with indigenous technology, indigenous supply and indigenous reliability clubbed with committed customer service & satisfaction.

e-Ashwa is among very few companies providing warranty in respect of all types of Electric Vehicles and owns its own Service Centres providing both Warranty as well as Non-Warranty Service and repair facility.

e-Ashwa also owns its own testing division catering all rigorous testing so that each and every product that rolls out from the plant offers utmost safety, comfort & utility to the driver as well as the passengers which in turn gets converted into "Value for Money".

e-Ashwa at present has one fully equipped Manufacturing Plant in Ghaziabad and apart from that there are small assembly units as per table below:

e-Ashwa has further identified following cities / towns as potential co-Assembly units and is working to finalize partners at these places for co-Assembly unit finalisation:

Apart from these identified cities / towns, e-Ashwa is also looking for partners who are interested in setting up co-Assembly units in following States:

Co-Assembler

What you can Expect

 It takes about 4 months time to get the momentum and to get the production and sale started and picked up.
 An assembly unit is capable of earning a margin of Rs. 10,000/- to Rs. 12,000/- for each category of Three Wheeler and a margin of Rs. 3,000/- to Rs. 3,500/- for each category of Two Wheeler.
 With the expected sale of 3 three wheelers and 5 two wheelers from 4th month onwards in each outlet, and with about 10 outlets (dealers appointed) within six months of start of operations, an assembly unit can expect a margin of about Rs. 5,00,000/- each month
 50% of the margin in the ratio of shareholding gives a margin of Rs. 2,50,000/- to the co-assembler who is setting up assembly unit.
 The kind of locations for the assembly unit is an outskirt industrial area which has proximity to highway or any main city.

Investment for Co-Assembler

Investment required for the co-Assembly unit is Rs. 32 Lakhs as below:

Out of total investment of Rs. 32 Lakhs, Co-Assembler will solely invest Rs. 16,00,000/- and pay the Franchise Fee of Rs. 2,00,000/-. Balance 14,00,000/- and any money thereafter will be invested by both the partners in equal proportion.

Pay Back Period

As per the calculation stated above, the payback period for the Investment is about 12 months, however, e-Ashwa suggest to consider 18 months as Payback period although e-Ashwa also recommends not to withdraw the profit but to reinvest the same to expand the capability of the unit

Roles and Responsibility