Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.


Invest In Alloy Wheel Business for Two Wheelers

Capacity Alloy Wheel for 2 Wheeler 400 Pcs Per Day Plant and Machinery cost 157.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 28.00 %
Break Even Point (BEP) 46.00 % TCI 0.00 Lakhs
Cost of Project 802.00Lakhs

Description:

Alloy wheels for two-wheelers are a type of wheel made from an alloy of aluminum or magnesium, and sometimes even both. These alloys are lightweight and offer superior performance over traditional steel wheels. The term 'alloy' refers to a mix of metals or a metal combined with other elements. The aluminum or magnesium alloys used in these wheels are known for their strength and lightweight characteristics, making them ideal for two-wheelers. These wheels are usually cast or forged into design, making them more appealing than regular steel wheels. With their aesthetic appeal and performance-enhancing attributes, they are popular in the modern two-wheeler market.

The Benefit of Using Alloy Wheels for Two Wheelers

Alloy wheels undoubtedly elevate the riding experience by providing numerous perks. One of the key advantages lies in their lightweight nature, which enhances maneuverability and control. With alloy wheels, taking sharp turns or cruising at high speeds feels more effortless and precise. This weight difference also impacts the overall strain on the suspension components, leading to less wear and tear, and ultimately extending the longevity of your two-wheeler. In addition, alloy wheels have a reputation for their strength and durability. They are less prone to cracks or bends when compared to their steel counterparts. This quality makes them a reliable choice for rough terrains and less-than-ideal road conditions, ensuring the rider's safety. Alloy wheels are also acknowledged for their superior heat conduction. They disperse the heat generated from the braking system more efficiently, reducing the chances of brake failure due to overheating. This improved heat dissipation not only enhances the performance of the braking system but also ensures a smoother and safer ride.

Why to Start Manufacturing Business of Alloy Wheel for Two Wheelers?

With the burgeoning popularity and demand for alloy wheels among two-wheeler owners, venturing into the alloy wheel manufacturing business can be a promising opportunity. Given their numerous benefits and increasing appeal, producing alloy wheels can be a lucrative business proposition.

The primary reason to consider this manufacturing business is the rising preference for alloy wheels among bike enthusiasts. Alloy wheels offer enhanced performance, durability, and a distinctive aesthetic that has led to their growing popularity. This surge in demand translates into a potentially sizeable market for alloy wheel manufacturers. Moreover, since the production of alloy wheels involves the use of aluminum, magnesium, or a combination of both, manufacturers can tap into the cost-effectiveness of these materials. These metals are widely available and reasonably priced, contributing to profitable production costs. In addition to serving the two-wheeler market, diversification is also possible. The same manufacturing process can be adapted to produce alloy wheels for other types of vehicles like cars and ATVs, further broadening the market scope. Getting involved in the alloy wheel manufacturing business also contributes to a greener economy. Compared to steel wheels, the production process of alloy wheels leaves a smaller carbon footprint, making the business more environmentally friendly. This aspect can also be a significant selling point in today's eco-conscious market.

Global Market Outlook

The Alloy Wheel Market size was valued at USD 17.6 Billion in 2022 and the total Alloy Wheel Market revenue is expected to grow at a CAGR of 6.2% from 2023 to 2029, reaching nearly USD 28.48 Billion. An alloy wheel is a wheel made from an alloy of aluminium or magnesium. These wheels are popular among car enthusiasts due to their lightweight, strength, and aesthetic appeal. The demand for alloy wheels has been steadily increasing over the years due to several reasons. One major reason is that alloy wheels are lighter than steel wheels, which can improve a vehicle's handling, acceleration, and fuel economy. Additionally, alloy wheels are available in a wide range of styles and designs, allowing car owners to customize their vehicle's appearance. Moreover, alloy wheels are more resistant to corrosion and rust than steel wheels, which can make them a more durable and longer-lasting option. As a result, many car manufacturers are now offering alloy wheels as standard or optional equipment on their vehicles.

The North American region is a dominant player in the global alloy wheels market. It is expected to maintain its position as the market leader in terms of revenue and market share during the forecast period. In 2020, North America accounted for the largest share of the global alloy wheels market, and this trend is expected to continue through 2025. The North American market's dominance is attributed to various factors such as high disposable income, a well-established automotive industry, and a growing demand for premium and high-performance vehicles. The passenger cars segment is expected to hold the largest share of the North American alloy wheels market due to the increasing trend towards customization and personalization of vehicles. Moreover, the demand for premium vehicles with larger wheel sizes is also driving the growth of the North American alloy wheels market. In terms of material type, the aluminum segment is expected to hold the largest share of the North American alloy wheels market.

Conclusion

It’s clear to see why the alloy wheels manufacturing business is a prospective area to venture into. Not only is the demand for two-wheelers on an upward trend, but the preference for alloy wheels amongst two-wheeler owners is also growing. This offers an excellent opportunity for those considering a business in this industry.

Key Players are

·         Borbet GmbH

·         Enkei Wheels

·         Ronal Group

·         Momo Wheels

·         BBS Kraftfahrzeugtechnik AG

·         OZ Group

·         TSW Alloy Wheels

·         Advan Wheels

·         Rays Engineering

·         SSR Wheels

·         Konig Wheels

·         American Racing

·         Fikse Wheels

·         HRE Performance Wheels

·         Vossen Wheels

·         Rotiform Wheels

·         Forgeline Motorsports

·         Weds Wheels

·         Work Wheels

·         Breyton Wheels


Information

  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

ABOUT NPCS

 

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

 


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

 

Our Approach:


• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.

 

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR