How to start an e-rickshaw business?

• If you have a driving license, you can purchase an e-rickshaw and start earning through self-employment. 
• If you want to start your franchise venture, you can contact e-rickshaw suppliers in the Kolkata area and become a dealer. You can also inquire about the same through the company’s official website. There is certain documentation that you will need to fulfill before you start operating. 
• If you have a traditional rickshaw, you can sell it and start an eco-friendly journey through battery-operated dealerships. 
• Another way to make an earning is by renting out your e-rickshaws to drivers on a weekly or monthly basis. Thus, in this way you can carry on your full-time job and also have a side business. 

 

Government Schemes- A Major Advantage!

Over the years, the Government of India has introduced several schemes and subsidies to encourage and popularise the use of e-rickshaws in India. This has been done to mainly eliminate urban poverty by fostering self-employment and to achieve fuel security in India by utilizing hybrid and electric vehicles. Many of these schemes provide low-interest loans of up to 5 lakhs to small enterprises. Some of these schemes include The National Urban Livelihoods Mission, Pradhan Mantri Mudra Yojana 2015, The National Electric Mobility Mission (NEMMP), and many more.

Why Is It Profitable To Invest In The E Rickshaw Venture?

• With the world constantly combating the environmental damage done to it over the years the alternate method of transportation through electricity is like a blessing in disguise for the current and the future generations to come, given less and less reliance on fossil fuels for transportation. While previously traditional rickshaw drivers were against it as their business started reducing soon enough, they also understood how efficient it is while being sustainable, and safe this new mode of last-mile communication is. Moreover, since it is fairly new in comparison to other automobile ventures, the competition is a little low. 
• A self-employed e-rickshaw driver can earn 600-800Rs per day which is not bad in any case. Also when partnering with other distributors and dealers, you can end up in a profit-making business even if you have limited funds. 
• Dealers can earn up to 10-12% of the showroom price on selling a unit E-rickshaw.
• Dealers can earn up to 8-10% on selling a unit of electric scooter.

 

About Sodyco

Sodyco E-rickshaws are non-pollution, soundless, eco-friendly, and easy to drive and maintain. Furthermore, they are ICAT and CIRT certified. These certificates solidify the quality of the Sodyco E-Rickshaws in the market.

E-rickshaw dealership is a profitable business if one buys the dealership from the right brand like Sodyco. Want to have a Sodyco dealership? Click here.

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