What is a scope to collaborate with overseas manufacturers? What is the support available?
Yes. Three renowned overseas manufacturers are available to collaborate. Their support will vary from component supply to license manufacturing, and/or JV.
What will be advantage from JV ?
With JV, brand advantage can be availed, as well as time required for approval from MEDA and MNRE will minimize, as the product is EU & CE approved.
What is capital requirement and estimated payback period?
The project shall require an investment of about RS. 20,000,000 (RS. Two Crore) for local manufacturing. Total investment for project is about 5 Crore, which includes the working capital for about 300 units. The investment required is mainly for the imports of critical components, and set up of assembly line & testing lab. Estimated payback period will be 20 months.
What is the role of Sarvesh Engineering?
We have analysed the project in detailed and short listed the critical components which need to be imported initially, all other components shall be manufactured locally. The critical components shall be localized in three years. We have capacity & capability of Technology transfer, design, development of mechanical components and systems, development of reliable power electronics, Supply chain management, etc. We have our design & manufacturing drawings ready for productization.
Why overseas partners are looking towards India to collaborate with local manufacturing facilities?
Cost of local manufacturing is definitely attractive as the manpower cost in India is much cheaper compared to Europe. Maintaining quality is not a difficult task as the materials and machines of same quality are available in India.