Vehicles for the Physically Challenged: An Opportunity?
Vehicles for the Physically Challenged: An Opportunity?
Posted by: Aswathi Muralidharan in in the news on Aug 06, 2009
That the automobile industry in India is on the growth curve, is a known fact. While on one hand we have have our very own REVA, India's first electric car, on the other we have the low cost NANO. Another area worth venturing couls be cars specially designed for the physically handicapped.
Recently, it was informd in the Lok Sabha that the Department of Heavy Industry (DHI) has been advising car manufacturers to bring out models of their cars suitable to be driven by the physically challenged persons. Moreover, the Government is also providing excise duty concession on vehicles meant for physically challenged people. Is there a business opportunity?
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written by Abhinav, August 07, 2009
We are automotive R&D professionals currently working on a concept of low cost utility vehicle for personal transportation in rural India. We have been offered incubation at NID Ahemadabad. We are currently in the pre-proto stage and are looking for funding. According to our research, the rural India has huge potential which has never been met by any of OEMs till date. We believe that just like the FMCG companies, a growth story in the auto sector is possible in rural India.
Abhinav
abhindas@gmail.com
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