NMO S4 SPRINT ONE | BUSINESS CASE SCENARIO - 02
Submission BCS
Proposal for Fund Raising and annual operating plan for Financial year 2021-22
Submission Date & Time: 2021-11-28 01:39:24
Event Name: NMO S4 Sprint One - I Business Institute
Solution Submitted By: Ishwar Singh
Assignment Taken
Proposal for Fund Raising and annual operating plan for Financial year 2021-22Case Understanding
from the case we can see there is a huge scope for renewable energy and automobile sector is taking steps in this direction but India is in starting phase and there is a huge scope in this sector specially in two-wheeler, three-wheeler, and commercial vehicles. Government target for 30% adoption of electric vehicles by 2030 so we can develop a product and launch in this growing market and generate revenueBCS Solution Summary
we need a product which is affordable and acceptable so If we introduce this electric bicycle, then it will be very much effective for the environment. As we all are watching that in todays scenario because of pollution our cities are polluting very much. If people go for bike and public transport then it will be hectic , time taking and cost taking. For all these in mind we are making this electric bicycle. we can capture a huge market in this area and become a market leaderSolution
To resolve the problem we have developed a product which is electric Bicycle which can be used by most of the population as it is effective, affordable and easy to use.
we can target a huge audience which is college and school going, Daily wage worker and people who need to travel within the city. There is no potential competition in this market. So there is huge scope of success and the project can be completed in low budget and return on investment will be great.
the bicycle is ecofriendly and acceptable by government. This sector have a great potential for success.
Conclusion
If we will introduce this electric bicycle, then it will be very much effective for the environment. As we all are watching that in todays scenario because of pollution our cities are polluting very much. If people go for bike and public transport then it will be hectric , time taking and cost taking. For all these in mind we are making this electric bicycle.Comments
Article Type: Business Case Scenario, Case Study Solution Submission
Business Case Detail
Title: NMO S4 SPRINT ONE | BUSINESS CASE SCENARIO - 02
Type: Case Study
Stream: Management
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