From desk and field market research carried out on 300 passengers, it is clear that there is considerable potential in the passenger transportation business. Post COVID Pandemic there is a substantial opportunity to dominate the region.
In order to maintain and improve its current position , the company will need to invest in setting up ticket booking platforms which includes websites, booking software and payment gateways.
Salabham Vaidyut Private Limited proposes to maintain the following advantages over existing competitors: ongoing support to passengers; extensive knowledge of the Indian market; superior customer service; specialized training programs for staff; informative Web site and competitive rates.
There is a strong support given by the Central government as well as state governments for electric mobility by way of tax waiver for ALL INDIA TOURIST PERMIT worth Rs. 3,00,000.00 yearly.
Several Incentive schemes and subsidies are announced by government of India by way of PM- E drive, FAME etc in developing GO GREEN CONCEPT.
There has been a continuous advancement in battery technology, charging infrastructure and electric vehicle manufacturing which improves the viability of the EV Buses.
Salabham Vaidyut Private limited will be focusing on high-traffic, intercity routes. The company’s aim is also to provide EV BUSES to specific passenger segments such as :-
Business Class Sleeper 1+1
Ladies Special Sleeper 2+1
Normal Sleeper Class 2+1
Normal Seater cum Sleeper
This may also help the company to give wide range of Choices for their passengers when compared to its competitors.
Service industries represent the fastest growing sector of the national economy, and transportation are poised to flourish in the midst of today’s economic boom. These services are projected to grow at an average annual growth rate of 4.1 percent over the period from 2010 to 2020. The transportation and tourism industry thrives in a vital economy and the segment in South India contributes to 65% of the national GDP.
The general economic climate in South India is very strong. An influx of new businesses has added to the country’s prosperity, and the already large population of young people is growing. South India with almost half the national population has more than 20% of that population employed in industries such as aerospace, transportation, equipment, health services, tourism, software, and biotechnology and that is what constitutes the floating population which constantly moves for business development and support services.
The quality of service and the number of providers in the transportation industry constantly fluctuate. Our competitive edge will be in attracting and retaining our customers with the most highly trained and well-informed individuals we can recruit. With our expertise in providing bus service, we will be able to provide the most accurate, up-to-date information possible, technology and comfort.
The current lack of EV Buses in the Indian transportation industry represents an exceptional opportunity for Salabham Vaidyut Private Limited to develop a dominant presence in South India. With their experience and knowledge of the transportation industry, strong customer base, and competitive prices, the company will be well situated to take advantage of the region’s current economic prosperity.
Salabham Vaidyut Private Limited is based at Ernakulam in KERALA and targets individuals and businesses for their routine travel in and around South India. The regions to be covered under the travel map of the company comprises the States of Kerala, Tamilnadu, Karnataka, Andhra Pradesh, Telengana along with the Union Territories of Pondicherry.
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