58 Views

What is the minimum amount is needed for opening an automobile company after doing automobile engineering


Recommended : Get important details about JNEC Aurangabad. Download Brochure
Ronit Saroha 2nd May, 2020
Answer (1)
rajaman9300 Student Expert 11th Jun, 2020

Sorry to dishearten you but it is really tough to open your own Automobile company in these types of packed competition from all the Automobile companies. Just don't think of owing a simple company, designing crazy cars, driving at full throttle and all. Think beyond these things, think from a market perspective.

First you will open your company then you will start making your own cars, you will have to acquire lots and lots of land, Labour, laws.

You will have to open the customer support, Maintenance unit, spare parts and all.

I am trying to discourage you but before taking any such decisions, go through the articles of DC avanti and Vazirani Shul.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Amity University | B.Sc Admis...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
Amity University | MCA Admiss...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
Amity University | M. Design ...
Apply
Tie-ups with over 100 international Universities in USA, UK, France and Australia. Wide Range of scholarships available.
Amrita University B.Tech 2026
Apply
Recognized as Institute of Eminence by Govt. of India | NAAC ‘A++’ Grade | Upto 75% Scholarships
Woxsen University Design Admi...
Apply
Ranked 2nd in the IIRF 2023 Design School Ranking | Approved by AICTE | Highest CTC 13 LPA
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books