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Electric Auto / Rickshaw Fleet

TransportationMedium Investment

About This Business

Start an electric auto-rickshaw or e-rickshaw fleet business. E-rickshaws are replacing traditional cycle rickshaws across India, and electric three-wheelers are booming in last-mile connectivity. FAME II subsidy of ₹50,000-1,00,000 per vehicle reduces capital cost. Revenue from fleet leasing, own-driving, or ride-hailing partnerships.

Estimated Investment

₹5,00,000 – ₹20,00,000

Expected Revenue

₹80,000 – ₹3,00,000/month

Investment Level

Medium

Suitable For

EntrepreneursSemi-UrbanRuralFleet Operators

Skills Required

Fleet managementBasic vehicle maintenanceRoute planningFinancial management

Steps to Start

  1. 1Research FAME II subsidies and state-level EV incentives
  2. 2Purchase 5-10 electric autos from approved manufacturers (Mahindra, Piaggio, YC Electric)
  3. 3Apply for FAME II subsidy through the manufacturer/dealer
  4. 4Get commercial vehicle permits and driver licenses
  5. 5Deploy fleet — lease to drivers or operate through ride-hailing platforms

Registrations Needed

Commercial Vehicle Registration (RTO)GST RegistrationUdyam MSME Registration

Related Government Schemes

Mudra YojanaStand Up IndiaCgtmse

Related Bank Loans

Sbi Mudra TarunBoi Standup India

Official Links

FAME IndiaParivahan (RTO)

Disclaimer

This business idea is provided for informational and educational purposes only. EduMetrics does not guarantee any returns, profits, or business outcomes. Investment figures and revenue estimates are indicative and may vary based on location, market conditions, and individual effort. Please conduct your own research and consult a financial advisor before making any investment decisions.