#India Two Wheeler Loan Market 2024

[bharatinvest64]

Herofincorp Share Price Forecast: What Investors Should Know in 2024

The year 2024 brings exciting opportunities for investors in India’s financial markets, and for those looking at non-traditional avenues, unlisted shares are increasingly appealing. Among the promising names in the unlisted sector, Herofincorp—a key player in the financial services domain—stands out. Known for its robust portfolio of lending solutions, Herofincorp has become a focal point for investors interested in gaining exposure to unlisted shares. This article delves into what investors need to know about the Herofincorp share price forecast for 2024, along with insights into the unlisted shares market and a look at the factors influencing Herofincorp’s valuation.

1. An Introduction to Herofincorp

Herofincorp is a well-established non-banking financial company (NBFC) providing a broad range of financial services, including retail, corporate loans, SME loans, and two-wheeler financing. Being a part of the Hero Group, it enjoys brand recognition and reliability, making it a preferred choice among many investors. While Herofincorp is currently an unlisted entity, its financial performance and market position have drawn the attention of both retail and institutional investors looking to diversify their portfolios.

2. Understanding the Unlisted Shares Market in India

Before diving into the Herofincorp share price forecast, let’s understand the unlisted shares market. Unlisted shares, unlike publicly traded shares, aren’t listed on a recognized stock exchange like the NSE or BSE. These shares are often traded in the secondary market, where investors buy shares directly from the company or through brokers specializing in unlisted stocks. Investing in unlisted shares like Herofincorp can be a high-reward opportunity, but it also comes with unique risks due to the limited transparency and lower liquidity in comparison to listed stocks.

Key Points about Unlisted Shares:

Growth Potential: Many unlisted companies are in growth phases, offering higher growth potential.

Risk and Reward: Due to less regulation and oversight, unlisted shares can be riskier.

Limited Liquidity: Exiting an investment in unlisted shares can be more challenging.

Access to High-Quality Firms: Unlisted shares list often includes companies backed by reputed brands or holding strategic value, like Herofincorp.

3. Herofincorp’s Position and Growth Prospects

Herofincorp has shown resilience through volatile market conditions, focusing on lending solutions that cater to both businesses and individuals. This diversification strategy has helped the company maintain steady growth, and its reputation within the financial services industry suggests that Herofincorp may see positive momentum going forward.

Factors Boosting Herofincorp’s Growth:

Strong Brand Backing: The Hero Group provides stability, brand strength, and a trusted foundation.

Diverse Product Portfolio: From SME loans to two-wheeler financing, Herofincorp’s diverse offerings mitigate risks associated with over-reliance on a single product segment.

Strategic Partnerships: Herofincorp’s partnerships with banks and other financial entities enhance its distribution network and outreach.

4. Herofincorp Share Price Forecast for 2024

The unlisted shares of Herofincorp are projected to see potential growth in 2024, driven by the company’s focus on expanding its lending portfolio and the demand for financial services. Here are some factors that might influence the Herofincorp share price forecast:

Key Influencers:

Economic Growth: Economic stability and consumer confidence are key for any lending institution. Positive GDP growth in India could drive demand for loans, benefiting Herofincorp.

Interest Rate Policies: With the Reserve Bank of India’s monetary policy decisions impacting borrowing and lending rates, Herofincorp’s margins may be influenced. A stable or declining interest rate environment could support better borrowing conditions, which would boost the company’s earnings.

Digital Transformation: As Herofincorp adopts digital solutions to streamline its lending processes, it may improve operational efficiency and enhance customer experience. Investors will want to watch the company's tech investments and innovations closely, as they may positively impact the valuation.

Estimated Share Price Range

While exact forecasts for unlisted shares like Herofincorp can be speculative, industry analysts suggest that Herofincorp shares could appreciate over the next year if economic conditions remain favorable. Keeping an eye on the unlisted shares list and Herofincorp’s financial disclosures will be essential for potential investors.

5. How to Invest in Herofincorp Unlisted Shares in 2024

Investing in Herofincorp or any unlisted shares requires a different approach than traditional stock market investments. Here’s a quick guide:

Research Brokers Specializing in Unlisted Shares: Since unlisted shares aren’t available on standard exchanges, investors must use brokers who specialize in buying and selling unlisted shares.

Conduct Due Diligence: Study Herofincorp’s financials, market position, and potential risks. Accessing this information may be more challenging than for publicly traded companies, but it’s essential for making informed decisions.

Evaluate the Investment Horizon: Unlisted shares often require a longer holding period, as the liquidity is lower. Investors should be prepared for a long-term commitment.

Consider the Risks: Due to limited regulatory oversight, the unlisted shares market can be unpredictable. Investors should only allocate a portion of their portfolio to unlisted shares to manage risks effectively.

6. Should You Invest in Herofincorp Unlisted Shares?

Herofincorp offers an exciting opportunity, particularly for those interested in India’s growing financial services market. With its brand strength, growth prospects, and expanding portfolio, Herofincorp has the potential to deliver strong returns. However, it’s crucial to remember that unlisted shares carry unique risks, and the market is inherently less liquid and transparent.

7. Conclusion

For investors keen on exploring unlisted shares, Herofincorp could be a valuable addition to a diversified portfolio in 2024. By monitoring the company’s financial performance, economic indicators, and industry trends, investors can stay informed about Herofincorp’s share price trajectory. As with any investment, balancing risk with reward and conducting thorough research will be essential in making the most of this opportunity.

If you’re ready to dive into the world of unlisted shares, Herofincorp is a solid candidate for consideration. However, always consult with financial advisors to ensure that your investments align with your long-term financial goals.

[delistedshares]

Is Hero Fincorp a Good Investment? Unlisted Share Price & Company Analysis

Hero Fincorp, the financial arm of Hero MotoCorp, has carved a niche in the Indian two-wheeler financing market. But with the company remaining unlisted, potential investors are left wondering: is Hero Fincorp a good investment? This comprehensive analysis dives into the company's profile, explores the current Hero Fincorp unlisted share price, and weighs the pros and cons of investing in its unlisted shares.

Understanding Hero Fincorp

Established in 1991 as Hero Honda Finlease Ltd, Hero Fincorp has grown into a prominent player in the non-banking financial company (NBFC) sector. The company caters primarily to the two-wheeler segment, offering financing solutions for Hero MotoCorp bikes and competing brands. It has also expanded its portfolio to include personal loans, mortgage loans, and SME finance.

Hero Fincorp's Unlisted Share Price: A Glimpse into Valuation

Unlike publicly traded companies, Hero Fincorp share price isn't readily available on stock exchanges. However, several platforms specializing in unlisted shares, like DelistedStocks, provide indicative Hero Fincorp unlisted share price quotes. As of June 2024, these quotes hover around ₹2,100 per share. It's crucial to remember that these are indicative prices, and the actual transaction price can vary depending on negotiation and market conditions.

Factors to Consider Before Investing in Hero Fincorp Unlisted Shares

While the potential for growth in the Indian NBFC sector is undeniable, there are several factors to consider before investing in Hero Fincorp's unlisted shares:

Limited Liquidity: Unlike listed shares, unlisted shares like Hero Fincorp's offer significantly lower liquidity. Selling your shares might be challenging, potentially leading to difficulties if you need immediate access to funds.

Information Asymmetry: Publicly traded companies are required to disclose financial information regularly. With unlisted shares, access to such information might be limited. This lack of transparency can make it difficult to accurately assess the company's financial health and future prospects.

Higher Risk: The unlisted market generally carries a higher degree of risk compared to listed stocks. There's a chance that the Hero Fincorp unlisted share price might not appreciate as anticipated, or you might even face difficulty finding buyers when you decide to exit.

Potential Advantages of Investing in Hero Fincorp Unlisted Shares

Despite the challenges, there can be potential advantages to investing in Hero Fincorp's unlisted shares:

Growth Potential: Hero Fincorp operates in a high-growth sector – two-wheeler financing in India. This growth potential could translate into an increase in the Hero Fincorp unlisted share price over time.

Lower Entry Point: Compared to listed companies, some unlisted shares, including Hero Fincorp's, might be available at a lower price point. This can be attractive for investors seeking opportunities with potentially higher returns.

Direct Investment: In some cases, investing in unlisted shares can provide a more direct way to support a company's growth, especially if you believe in its long-term vision.

Evaluating Hero Fincorp as an Investment

The decision to invest in Hero Fincorp's unlisted shares hinges on your individual risk tolerance and investment goals. If you're a risk-averse investor seeking high liquidity, unlisted shares might not be the best fit. However, for investors comfortable with a longer investment horizon and the potential for higher returns, Hero Fincorp could be an interesting option.

Conducting Due Diligence is Key

Before investing in Hero Fincorp's unlisted shares, thorough due diligence is essential. This involves researching the company's financials, business model, future plans, and the overall unlisted share market. Consulting with a financial advisor experienced in unlisted investments can also be beneficial.

Leveraging Resources Like DelistedStocks

Platforms like DelistedStocks can be valuable resources for investors exploring unlisted shares. DelistedStocks offers indicative pricing for Hero Fincorp's unlisted shares and might provide insights into recent trends and market analysis. However, it's important to remember that such resources should be used as a starting point, not a substitute for your own comprehensive research.

Conclusion

Hero Fincorp presents a unique opportunity for investors seeking exposure to the growing Indian NBFC sector. However, the unlisted nature of the shares comes with inherent risks and limitations. Carefully weigh the pros and cons, conduct thorough research, and consider seeking professional advice before making an investment decision. Remember, a well-informed decision is crucial for navigating the unlisted share market and potentially reaping the rewards of investing in Hero Fincorp.

[wealthview]

Ola Electric IPO Date, Price, GMP, Review, Company Profile, Risks & Financials 2023

New Post has been published on https://wealthview.co.in/ola-electric-ipo/

Ola Electric IPO Date, Price, GMP, Review, Company Profile, Risks & Financials 2023

Ola Electric IPO: Ola Electric is a young Indian electric vehicle (EV) company, aiming to disrupt the transportation landscape with its electric scooters and cars. They compete in the rapidly growing Indian EV market, fueled by government incentives and increasing environmental awareness.

Page Contents

Toggle

Ola Electric IPO Details:

Ola Electric Company Profile:

Ola Electric Financials:

Ola Electric IPO Objectives:

Ola Electric IPO Lead Managers & Registrar:

Ola Electric IPO Risks:

Ola Electric IPO Details:

IPO status: Not yet launched. DRHP filed with SEBI on December 22, 2023.

Expected timeline: Subscription likely in early 2024, listing soon after.

Offer size: Up to ₹5,500 crore fresh issue and offer for sale of 95,191,195 shares.

Price band: Not yet announced. Targeted valuation is $7-8 billion.

News and Developments:

Positive buzz: Filing the DRHP is a crucial step, generating excitement among investors and analysts.

Funding secured: Recent reports about Ola Electric securing $500 million in loan B financing demonstrate investor confidence.

Gigafactory progress: Progress on Ola’s ambitious Gigafactory project in Tamil Nadu adds weight to their production capabilities.

Market uncertainty: Global economic worries and potential inflation may dampen investor sentiment for risky ventures like IPOs.

Ola Electric Company Profile:

Ola Electric, a name synonymous with India’s electric vehicle revolution, is rapidly carving its niche in the burgeoning industry. Founded in 2017 by Bhavish Aggarwal, the mastermind behind Ola Cabs, Ola Electric has come a long way in its mission to disrupt the traditional transportation landscape. Let’s delve into the company’s history, operations, and market position.

A Brief History of Electrification:

2017: Ola Electric embarks on its electric journey, initially focusing on electric rickshaws.

2019: The company unveils its first electric scooter, the S1, followed by the S1 Pro in 2020.

2021: Ola Futurefactory, the world’s largest two-wheeler manufacturing facility, is inaugurated in Krishnagiri, Tamil Nadu.

2022: Ola launches its electric car, the Ola S1, marking its entry into the four-wheeler segment.

2023: The company files its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its highly anticipated IPO.

Operations and Market Position:

Products: Ola Electric currently offers a range of electric scooters, including the S1, S1 Pro, and S1 Air, along with its flagship electric car, the Ola S1.

Market Share: In the Indian electric two-wheeler market, Ola Electric holds a dominant position, capturing over 50% share in FY23. However, it faces stiff competition from established players like Hero Electric and Ather Energy.

Global Ambitions: Ola Electric aspires to become a global leader in the EV space, with plans to enter international markets like the UK and Australia.

Key Facts and Figures:

Funding: Ola Electric has raised over $1 billion in funding from prominent investors like SoftBank, Temasek, and Tiger Global.

Valuation: The company is currently valued at around $5.4 billion, potentially reaching $7-8 billion after its IPO.

Employees: Ola Electric employs over 10,000 people across its various operations.

Prominent Brands and Partnerships:

Ola Futurefactory: This state-of-the-art facility boasts a production capacity of 20 million electric two-wheelers per year.

Ola Electric Mobility Institute (OEMI): This dedicated institute focuses on research and development in electric vehicle technology.

Partnerships: Ola Electric has partnered with key players like Flipkart, Axis Bank, and Bharat Petroleum to facilitate e-commerce sales, financing options, and charging infrastructure development.

Milestones and Achievements:

Building the world’s largest two-wheeler factory.

Becoming the leading electric two-wheeler manufacturer in India.

Developing and launching its own electric car within a short timeframe.

Competitive Advantages and USP:

First-mover advantage in the Indian electric scooter market.

Vertically integrated operations, including battery production.

Focus on cutting-edge technology and innovation.

Building a robust charging infrastructure network.

Ola brand recognition and established customer base.

Ola Electric’s journey is a testament to its ambition and agility in the dynamic EV landscape. With its aggressive expansion plans, focus on innovation, and strategic partnerships, the company is poised to play a pivotal role in shaping the future of mobility in India and beyond.

Ola Electric Financials:

Revenue: Ola Electric has demonstrated explosive revenue growth in FY23, with total revenue reaching Rs. 2,782 crore, a rise of over 500% compared to FY22. This growth is primarily driven by increased sales of its electric two-wheelers.

Profitability: Despite the remarkable revenue increase, the company continues to incur losses. Net loss in FY23 stood at Rs. 1,472 crore, widening from Rs. 784 crore in FY22. This is mainly due to high operating expenses associated with factory setup, research & development, and marketing initiatives.

Ola Electric IPO Objectives:

Ola Electric’s decision to go public through an IPO is driven by several key objectives, all of which align with its ambitious future growth strategy:

1. Capital Raising: The primary objective is to raise funds, estimated to be around Rs. 7,250 crore, through a combination of fresh issue and offer for sale (OFS). This capital injection is crucial for:

Funding Growth: Ola Electric aims to expand its product portfolio beyond electric scooters, introducing new models and venturing into four-wheeler segments like electric cars and commercial vehicles.

Building Manufacturing Capacity: Scaling up production capacity for existing and future models requires significant investments in infrastructure and technology. Ola’s Futurefactory, while impressive, needs additional resources to meet its long-term goals.

R&D and Innovation: Continued investment in research and development is essential for staying ahead in the rapidly evolving EV landscape. This includes battery technology advancements, autonomous driving features, and other cutting-edge innovations.

Debt Reduction and Financial Flexibility: A portion of the raised funds might be used to repay or pre-pay existing debt, enhancing the company’s financial stability and flexibility for future investments.

2. Enhanced Brand Recognition and Market Credibility: Going public brings Ola Electric under the public spotlight, increasing brand recognition and attracting a wider investor base. This can solidify its position as a leading player in the Indian EV market and strengthen its credibility among potential partners and customers.

3. Access to Talent and Partnerships: A successful IPO can attract and retain top talent, crucial for executing the company’s growth strategy. Public listing also opens doors for potential partnerships with established players in the automotive, technology, and financial sectors.

Ola Electric IPO Lead Managers & Registrar:

Ola Electric has entrusted a consortium of renowned investment banks to act as lead managers for its highly anticipated IPO:

Lead Managers:

Kotak Mahindra Capital Company Limited: A leading financial institution in India with extensive experience in managing large-scale IPOs, including SBI Cards, HDFC Life, and LIC.

Citigroup Global Markets India Private Limited: Renowned global investment bank with a strong track record in IPOs across various sectors, including Zomato, Nykaa, and Paytm.

BofA Securities India Limited: Global leader in investment banking with extensive experience in managing major Indian IPOs like IRCTC, Indian Railway Finance Corporation, and Coal India.

Goldman Sachs (India) Securities Private Limited: Reputable investment bank with deep expertise in handling tech-oriented and high-growth IPOs, including Delhivery, Macrotech Developers, and Policybazaar.

Axis Capital Limited: Leading domestic investment bank with successful involvement in IPOs like Adani Wilmar, Glenmark Life Sciences, and Dixon Technologies.

ICICI Securities Limited: Established Indian financial institution with significant experience in managing IPOs like Sona BLW Precision Forgings, Indigo Paints, and Astral Poly Technik.

SBI Capital Markets Limited: Investment arm of India’s largest bank, SBI, with significant involvement in IPOs like Glenmark Pharmaceuticals, Larsen & Toubro Infotech, and Indiabulls Real Estate.

BOB Capital Markets Limited: Investment banking arm of Bank of Baroda, with experience in managing IPOs like Aavas Financiers, RBL Bank, and Sundaram Asset Management.

Track Record:

These lead managers collectively boast a proven track record of successfully managing complex IPOs in diverse sectors, highlighting their experience, expertise, and network of investors. This expertise provides investors with confidence in the execution and overall success of the Ola Electric IPO.

Registrar:

Link Intime India Private Limited is appointed as the registrar for the Ola Electric IPO. The registrar’s role involves handling shareholder records, managing share transfers, dividend payments, and other administrative tasks related to the issue and trading of shares. This ensures a smooth and transparent process for investors throughout the IPO and beyond.

Ola Electric IPO Risks:

While Ola Electric’s IPO holds immense potential, it’s crucial to acknowledge and understand the inherent risks associated with investing in this high-growth, high-risk venture. Here are some key points for potential investors to consider:

Industry Headwinds: The EV market, despite its promising prospects, faces challenges like rising battery costs, dependence on government subsidies, and the potential for policy changes. These factors could impact Ola Electric’s profitability and growth trajectory.

Company-Specific Challenges:

Profitability Concerns: Ola Electric continues to incur significant losses, raising concerns about its ability to achieve long-term profitability. The company’s ambitious growth plans might further strain its finances in the short term.

Intense Competition: Established players like Hero Electric and Ather Energy, along with potential new entrants, will intensify competition in the Indian EV market. Ola Electric needs to differentiate itself and maintain its market share to achieve sustained success.

Manufacturing and Supply Chain Risks: Reliance on imported components and potential supply chain disruptions can impact production timelines and delivery schedules, affecting the company’s ability to meet demand.

Execution Risks: Implementing Ola’s ambitious expansion plans and future ventures like car production requires strong execution capabilities. Any missteps or delays could hinder the company’s progress.

Financial Health:

While Ola Electric’s revenue growth is impressive, its current financial position raises some red flags for investors:

High Losses: The company’s net loss nearly doubled in FY23, highlighting the need for significant improvement in cost management and profitability.

Limited Operating History: Ola Electric is a relatively young company with limited operating history, making it difficult to assess its long-term viability and ability to overcome challenges.

Debt Levels: While currently low, the company might need to take on debt to finance its expansion plans, potentially increasing its financial risks.

Ola Electric Mobility Limited – DRHP

Also Read: How to Check IPO allotment status?

[woce1]

Net zero by 2070: India’s shift to e-mobility

30 September, 2022

WOCE Team

By committing an economy to a 1 billion tonne reduction in predicted carbon emissions by 2030, India’s net zero objective for 2070 demonstrates the intention to undertake decarbonization. The inter-sectoral contributions of states, industries and companies will be essential in accomplishing this aim, even though this lays out a clear path for India to take.

In India, the transportation sector is one of the major emitters. India must prioritise this area if it is to reach the net zero goal. Without quick electrification of vehicle fleets, emissions associated with transportation will soar by 2050, significantly hastening climate change. Critical actions, such as the following, are urgently needed to create an EV ecosystem in India.

Infrastructure fees for business parks and public roads

Medium and long-haul freight as well as the electrification of last-mile delivery, powered by renewable energy

Government at work: Strengthening policy backing

The Indian government has created the conditions for quick uptake of electric mobility. To support reaching the target of 30% EVs by 2030, a clever combination of purchase reductions across a variety of vehicle categories, lower road taxes, and scrapping and retrofit incentives is needed. The cost of oil imports, rising pollution, and India’s international responsibilities to combating climate change are the driving forces behind its recent measures to quicken the transition to e-mobility.

1. Demand incentives for Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) Around 160,000 EVs had received demand incentives totaling $75 million USD under FAME II as of November 2021. More than 6,300 e-buses, 2,870+ EV charging stations in 68 cities, and 1,576 charging stations on nine expressways and 16 motorways have all been approved by the incentive programme. All this could hasten the adoption of electric two-wheelers, three-wheelers, and e-buses throughout the nation.

2. Production-linked Incentive (PLI) Programme The Indian government launched a 2.4 billion USD PLI project for ACC storage manufacture in May 2021 to build a local manufacturing capacity of 50 GWh of ACC and 5 GWh of “niche” ACC capacity. This would increase capacity, localise the EV supply chain, and reduce dependency on imports. Reliance, Hyundai, Ola, and M&M are just a few of the well-known Indian companies that have submitted bids totaling roughly 130 GWh. To promote the production of electric and hydrogen fuel cell vehicles, the central government also authorised 3.4 billion USD for automobiles and automobile components in September 2021.

3. State policies on EV EV-specific policies have been enacted by several states. Incentives on the supply side include:

Subsidy for a capital interest

Refunds for stamp duties

Tax exempt status

Refund for state goods and services tax (SGST)

Offering interest-free loans will encourage EV manufacturers.

There are financial incentives, exemptions from road tax, and registration fee reductions on the demand side. The governments of Delhi and Maharashtra have made announcements about initiatives to hasten the adoption of EVs. By 2024, EVs in Delhi are expected to account for 25% of all new vehicle registrations. By 2025, 10% of all new vehicle registrations in Maharashtra will be electric vehicles.

Companies setting the bar high: Ambition and action

Exide and Amara Raja Batteries, two well-known producers of automotive lead-acid batteries, are pioneers in focusing fresh investments on environmentally friendly technologies like lithium-ion batteries. In response to the opportunity offered by India’s EV industry, business leaders like OLA Electric, Ather Energy, and Mahindra Electric are rapidly growing their market presence.

Due to soaring demand, Ather Energy plans to produce 1 million electric scooters annually.

A 2 billion USD investment was made by Ola’s “Future Factory” to produce 10 million electric scooters annually.

TPEML, a recently established EV subsidiary of Tata Motors, was created to manufacture, design, and develop EV-related services.

Together with Mahindra Group, Hero Electric produces more than 1 million electric two-wheelers annually.

In addition, EV100 members, who are dedicated to a 100% switch to EVs by 2030, are setting the demand side

To hasten the switch to electric vehicles in the last-mile delivery sector, Flipkart has teamed with Hero Electric, Mahindra Electric, and Piaggio.

Initiated by Dalmia Cement, the e-trucks initiative aims to deploy 22 electric trucks by 2022.

The JSW Group has a new EV policy that enables incentives for employees to buy electric two-wheelers or four-wheelers up to $300,000.

Even though the government and private sector are now aware of the enormous benefits of EV adoption, more work needs to be done to accelerate the switch to EVs in India. The demand for the uptake of sustainable transportation must be fueled by the Indian corporate sector. They can also effectively transform outmoded processes by inspiring fresh business concepts.

By increasing EV demand, influencing legislation, and promoting mainstream adoption to make electric transport the new normal by 2030, initiatives like EV100 are extending the frontiers to create a conducive climate for the transition to e-mobility. The ability of EVs to reduce emissions will continue to increase as India’s energy infrastructure becomes more environmentally friendly and new ways to obtain clean electricity surface.

[techsciresearch]

Tier 1 Cities to Lead India Two Wheeler Loan Market During Forecast Period -TechSci Research

Enhanced need for connectivity, particularly in mid sized and smaller cities to drive two wheeler market during forecast period

According to TechSci Research report, “India Two Wheeler Loan Market By Type, By Source, By Percentage of Amount Sanctioned, By Type of City, By Tenure, Competition, Forecast & Opportunities, 2024”, in 2018, India registered sales of over 26 million two wheelers, making it the world’s largest two wheeler market. As a result, major automakers are setting up their production plants and are focusing on launching new vehicles in the developing economy, which would subsequently drive the two wheeler loan market in India as well. Declining unemployment rates, increasing disposable income and high per capita income level are influencing the two wheeler loan market in India. Additionally, two wheelers are viewed as essential when compared with other counterparts, as a result, one in three households in India owns a two wheeler.

Browse  market data Figures and Tables spread through  Pages and an in-depth TOC on "India Two Wheeler Loan Market"

https://www.techsciresearch.com/report/india-two-wheeler-loan-market/4222.html

India two wheeler loan market can be segmented based on the type, source, percentage of amount sanctioned, type of city, tenure and region. In terms of type of city, market can be segmented into tier 1, tier 2, tier 3 and tier 4. Of all, Tier 1 cities are the major adopter of two wheelers in the country due to congested roads and parking issue in these cities. Two wheelers provide ease of parking and are also fuel efficient, which is pushing their demand across tier 1 cities.

Major companies offering loans for the purchase of two wheeler in India are banks, OEM and non banking financial company (NBFC). Original equipment manufacturers (OEMs) are coming up with various credit provision in order to attract more buyers and borrowers and are offering loan based on individual needs for the purchase of two wheeler in the country. The companies operating in the market include HDFC Bank, ICICI Bank, State Bank of India, Kotak Mahindra Prime Ltd., Axis Bank, Bajaj Auto Finance, Tata Capital, Hero Fincorp, IDFC FIRST Bank, Mahindra & Mahindra Financial Services Limited, Shriram Transport Finance Co. Ltd., among others.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4222 Customers can also request for 10% free customization on this report.

“Two wheeler loan market in India is anticipated to grow at an impressive rate during the forecast period owing to low loan interest rates and cost effectiveness of two wheelers. Moreover, factor growing disposable income, declining fuel prices and increasing ownership of two wheelers are further bolstering the growth of the two wheeler market in India, which in turn is driving the two wheeler loan market as well.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Two Wheeler Loan Market By Type, By Source, By Percentage of Amount Sanctioned, By Type of City, By Tenure, Competition, Forecast & Opportunities, 2024” has analyzed the potential of two wheeler loan market across the country, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by India two wheeler loan market.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

[rcsmessaging]

Government Subsidies On EVs In India

An increasing number of people are opting for electric vehicles (EV) over petrol or diesel vehicles. This option is not only better for the environment, but is also more efficient as compared to traditional fuel-powered vehicles. Moreover, rising petrol and other fuel prices have triggered an increase in the number of customers who want to shift to electric vehicles. In India, electric vehicles are not only cost-effective, but they also have financial benefits.

Individuals who purchase EV on loan will be eligible for a tax reduction of Rs 1.5 lakh on the interest charged on the mortgage balance under this provision. There are plenty of electric vehicle models on the market, and with increased sales, some automakers are planning to introduce new models.

This article will take you through the government subsidies on electric vehicles in India.

The Indian government has been pushing for the adoption of electric vehicles (EVs) in the country. The government is not only providing various subsidies to buyers of EVs but also has announced schemes to promote the setting up of charging stations.

In a recent development, the government of India has decided to give significant subsidies on Electric Vehicles (EVs). The government is already giving an incentive of INR 9,000 on electric two-wheelers and three-wheelers, and the latest decision will further sweeten the deal.

India has taken a bold step forward by supporting the electric vehicle industry with generous incentives in an attempt to see a rise in electric vehicles manufactured and sold within the country. Electric vehicles in India are poised to become a major player while helping to shape the future of the automotive industry

The Electric Vehicles Policy of the Government of India was launched in 2017 with a vision to have at least 30% of vehicles on Indian roads as EVs by 2030. In order to achieve this, the government has been supporting the usage of EVs in the country through various means.

The most important support has been in terms of subsidies that are given to electric vehicle manufacturers and buyers. Listed below are the various subsidies on EVs given by the Government of India.

FAME Scheme

Fame India Scheme 2022 was launched keeping in mind the pollution which was happening due to the vehicles which are operated through diesel and petrol. The first phase of the scheme is already done by the concerned authorities of the Indian government. Now, phase two of the scheme was started under which the Government of India will be giving out 670 electric buses in the states of Maharashtra Goa Gujarat, and Chandigarh and it is also said that 241 charging stations will be provided in on the streets of Madhya Pradesh, Tamilnadu, Kerala, Gujarat, and Port Blair. This will help in the development of the areas with electrical vehicles.

The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme was launched in 2015 which aimed at encouraging adoption of eco-friendly vehicles by offering incentives on electric and hybrid vehicles. The scheme was extended up to March 2019 with an outlay of Rs 5,500 crore, out of which Rs 1,000 crore were reserved for two-wheelers.

However, the amount isn’t allocated based on the price or type of vehicle but the battery capacity. That means higher incentives go to buses and commercial vehicles compared to cars and two-wheelers. Under FAME, the government offers an incentive ranging from Rs 10,000 to Rs 20,000 for 2-wheelers with battery capacity less than 3 KWh, up to Rs 22,000 for 2-wheeler with battery capacity between 3 KWh and 9 KWh.

Fame India Scheme Extended Till 2024

The Government of India has launched the FAME II scheme to promote electric mobility. It is an acronym for Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India. Through this scheme, the government is going to provide subsidies on the purchase of new electric vehicles. The government has extended the FAME II scheme for 2 years. Now, this scheme will be applicable till 31st March 2024. Previously this scheme was launched from 2019 to 31st March 2022. Under this scheme, necessary charging infrastructure will also be set up for electric vehicles. Fame India scheme has been launched with the objective to address the issue of environmental pollution and fuel depletion. Under this scheme, the government has also increased the subsidy incentives from Rs 10000 per kWh to Rs 15000 per kWh.

Sales Of Vehicle Under Fame India Scheme

As of 26 June 2021, 78045 total electric vehicles have been sold through the Fame India scheme which includes 59984 electric two-wheelers, 16499 electric three-wheelers, and 1562 electric four-wheelers. The government has allocated a budget of Rs 10000 crore for the implementation of this scheme. Only 5% of the budget amount is used till now i.e. Rs 500 Crore. In terms of sales 58613 electric two-wheelers have been sold till March 2022. The target was to sell 10 lakh units so the government has decided to extend this scheme till 2024.

[carkharidobecho24]

Is the market size of used cars in Bhadohi set to surpass the size of new cars?

India's used car market has grown rapidly in recent years. Used car sales in India are growing so rapidly that they will surpass the volume of new car sales in the next few years. We should compare the Used Cars in Bhadohi with the new car market in India before we explore the used car market in India.

 New vs. used car markets

Currently, the used car market in India is growing at an exponential rate. There are many reasons behind the exponential growth of COVID-19, including fear of a pandemic. Despite a disastrous year for the new car market in 2020, it is in good shape now. Currently in India, new car sales outnumber used car sales by a ratio of 1:1.5. As of 2020-21, there were 3.8 million units of used cars sold via various second-hand car dealers in the country. By 2025, the used car market in India is forecast to grow twice as large as the new car market, according to a study by Frost and Sullivan.

We should take a closer look at the reasons for this sudden boom in the market for second-hand cars: 

1.     Pandemic fear

A COVID-19 pandemic is currently terrorizing the entire world. People prefer to use private vehicles and two-wheelers rather than public transportation to maintain social distance. Many people, however, cannot afford to purchase new cars. This has led to a huge spike in the sale of second-hand cars as a result of the increased demand. 

2.     The market is full of used car dealers 

There was a time when the used car market was one of the most unorganized. The lack of organization led to a lack of consumer trust. In recent years, these perceptions have changed dramatically. Secondhand cars have become an organized sector, with many corporate companies investing in purchases and sales. Because of this, consumers have a wide variety of options, along with certificates of trust, to choose from among registered used car dealers.

3.     Changing consumer behavior

The purchasing power of Indian consumers increased in the past few years, which caused their behavior to change as well. The sale of a car earlier was a big-ticket purchase, and the owners typically kept their cars for 8 to 10 years before selling them. Currently, cars are becoming more like fashion statements, and people tend to replace them every three to five years. This result allows second-hand car buyers to purchase good cars that appear as good as new. As a result of this, used cars are becoming increasingly popular and in demand.

4.     Affordable financing schemes for used cars

It is not uncommon to take out a car loan to purchase a car. The recent development of affordable loans for second-hand cars has led to many banks and non-banking financial institutions. The result is that consumers can buy pre-owned cars easily without having their financial plans disrupted. Further, it is quite simple and hassle-free to obtain a loan for a used car in India. Car kharido becho 24 offers pre-owned car loans, car insurance bhadohi, car insurance renewal in bhadohi through our website. You can apply by filling up an online form.

The Final Word

Increasingly, consumers know the advantages of buying a used car, and as a result, there are more second Hand Cars in bhadohi for sell. The Indian used car market will see unprecedented growth in the coming days. Thanks to growing infrastructure and a rising purchasing power of consumers. Market analysts anticipate that the second-hand car market will grow at a Compound Annual Growth Rate (CAGR) of 10% by 2024.

[climatesamurai]

Axis Bank Commits to Positive Climate Action and Sustainable Development Goals

Axis Bank has announced a series of commitments aligned to achieving the Sustainable Development Goals (SDGs), supporting India’s commitments under the Paris Agreement.  As part of its commitments, the Bank has set a target of incremental lending Rs. 30,000 crore over the next 5 years, under Wholesale Banking towards pertinent sectors, included in its Sustainable Financing Framework.  Axis Bank claims that it has now become the first financial institution in India to have set up a standalone Environmental Social and Governance (ESG) Committee at the Board level, underscoring the Bank’s strong intent to adopting ESG as a strategic driver for the organization’s plans and performance. The Bank has also established an ESG Steering Committee at the Management level, comprising senior business leaders to champion ESG integration across the organization. The Bank has announced its commitments ahead of the upcoming 2021 United Nations Climate Change Conference (COP26) at Glasgow, UK from 31 October - 12 November, where the Parties are expected to talk about enhancing their commitments made at COP21 at Paris in 2015.  The Bank’s commitments include:  - Incremental financing of Rs. 30,000 Crores under Wholesale Banking to sectors with positive social and environmental outcomes, by FY 2026  - Scaling down exposure to carbon-intensive sectors in its Wholesale banking business portfolio  - Expanding ESG risk coverage in credit appraisal under its ESG Policy for Lending  - Building and deploying an ESG risk assessment toolkit, with ESG stress testing and ESG scenario analysis, for its Large Corporate, SME and Agri-business verticals by FY 2023  - Making 5% of its retail Two-Wheeler loan portfolio as electric by FY 2024, and offering 0.5% interest waiver on new EV loans, effective immediately   - Incremental disbursement of Rs. 10,000 crores by FY 2024 under Asha Home Loans for affordable housing, and increasing share of women borrowers   - Reaching 30% female representation in its workforce by FY 2027, aligned to the Bank’s #ComeAsYouAre Diversity Charter  - Planting 2 million trees by FY 2027 across India towards contributing to creating a carbon sink  - Achieving carbon neutrality in its business operations   Commenting on this announcement, Rajesh Dahiya, Executive Director, Axis Bank said, ‘’As a financial institution, we are aware of our responsibility towards helping India move on the path of equitable and sustainable economic growth. Over the past two years, we have been working relentlessly on bolstering our holistic strategy, governance, and performance benchmarks around ESG. These commitments are part of our longer term ESG strategy woven around our purpose of ‘Banking that leads to a more inclusive and equitable economy, thriving community and a healthier planet’. We would like to think of this as only the beginning and we shall continue to explore scaling and strengthening our commitments over time.’’ Recently, the Bank launched its Sustainable Financing Framework that articulates the Bank’s strategy for financing ESG-aligned sectors and defines the project categories that the Bank shall consider to be eligible as ‘Sustainable’. The Framework has received a Second Party Opinion from Sustainalytics, thus providing the highest level of confidence on its alignment to global sustainable finance best practices. The Bank has also set up an ESG Working Group towards managing the Bank’s obligations and commitments under the Framework. In line with its ESG strategy, Axis Bank has successfully raised India’s first Sustainable USD AT1 notes of $ 600 million in the overseas markets on September 1, 2021. With this issuance, India is now only the second jurisdiction in Asia with an ESG AT1 issuance. The offering witnessed an overwhelming response from the investors, especially high- quality real money investors, with the order book being 3.8 times oversubscribed ahead of the Final Pricing Guidance announcement. Global investors, with their participation in this marquee transaction, have demonstrated confidence in the Bank's ability to positively impact India’s socio-economic and environmental landscape. Further, extending the reach and impact of its wider ESG aligned commitments, the Bank recently announced #ComeAsYouAre, - a charter of policies and practices that embrace diversity, equity and inclusion within the organization and for its customers. With these initiatives, Axis Bank became one of the first companies in the country to announce such a wide variety of inclusive steps for the LGBTQIA+ community.  Since the onset of the COVID-19 pandemic, the Bank has been working closely towards supporting its employees, customers, business partners, communities and government agencies towards fighting and emerging from the pandemic. It was amongst the first banks to put in place a Crisis and Emergency Response Team (CERT), which enabled the Bank to continue fulfilling its commitments to its stakeholders throughout the pandemic. Over the years, Axis Bank has been recognized at various platforms for its ESG-aligned performance and impact. The Bank has been on the prestigious FTSE4Good Indices by FTSE Russell for five consecutive years since 2016 and is among the top 10 constituents of the S&P BSE 100 ESG Index and the MSCI India ESG Leaders Index, and is a constituent of the NIFTY100 ESG Sector Leaders Index.  Read the full article

[tradeniveshinvestmentadvisor]

Exit Polls Predict Modi Govt's Return | Trade Nivesh

Trade Nivesh Here's a look at sectors and stocks which are likely to benefit today after exit polls predicted Modi government would return to power on May 23.

A majority of exit polls for Lok Sabha election 2019 announced yesterday indicate the National Democratic Alliance (NDA) is coming back to power. This could bode well for the markets which hope for a stable government at the Centre. Here's a look at sectors and stocks which are likely to benefit today after exit polls predicted Modi government would return to power on May 23.

Agriculture sector

Bharatiya Janata Party (BJP) in its manifesto announced on April 8 this year that it would give a push to improve the productivity of farm sector in the country. The party will launch a pension scheme for small and marginal farmers aged over 60 years and spend Rs 25 lakh crore to improve the productivity of farm sector among others announcements. The Modi government's return to power is likely to propel agriculture sector stocks.

Rashtriya Chemicals and Fertilisers, Rallis India, Monsanto, United Phosphorus, Jain Irrigation, Advanta, PI Industries, Excel Crop Care, M&M and Tata Chemicals are some stocks which are likely to rise on Monday after win of Modi-led BJP in exit polls.

Infrastructure sector

BJP government's main focus during the last five years has been on developing the infrastructure sector. In its 2019 election manifesto too, the government said it would make capital investment of Rs 100 lakh crore by 2024 in the infrastructure sector and announce a new industrial policy to improve competitiveness of manufacturing and services.

Stocks such as KNR Construction, IRB Infrastructure, Sadhbhav Engineering, Ashoka Buildcon, Jaypee Infratech, SORIL Holdings, SORIL Infra Resource, SKIL Infrastructure, ARSS Infra, NCC, ABB India, KNR Construction, Cummins India and HG Infra Engineering are likely to gain if exit polls signal Modi government's return.

Power sector

The Modi government's focus on power sector led to a significant improvement in energy deficit situation during its four years of tenure.  India's energy deficit, which remained rangebound between 8% and 10% between during 2011-13,  improved in FY14 to 4-4.5%, and subsequently contracted to 0.7%, a Care Ratings report said.

"The improvement could be attributed to rapid addition in thermal capacity in the private sector, which led to increase in electricity production," the report on four years of economic performance of the Narendra Modi government said. "This indicates improvement in electricity evacuation and power distribution infrastructure," it added.

Power Finance Corporation, Rattan India Power, Ratan Infra and KSK Energy, Adani Power, NTPC, Tata Power, NHPC and Power Grid Corporation are some stocks which are likely to rise after the outcome of exit polls.

Auto sector

Auto sector which has seen slowdown in sales of late will be a key sector to watch out for after exit polls indicated Modi government is returning to power. Modi government's poll sops for the farm sector will leave more money in the hands of farmers which will be spent on buying tractors, cars and two wheelers in the rural market.

This will in turn propel sentiments for auto stocks to new highs. Hero MotoCorp, Maruti, Tata Motors and M&M are some stocks which are likely to see a rally when market reopens on Monday.

This will in turn propel sentiments for auto stocks to new highs. Hero MotoCorp, Maruti, Tata Motors and M&M are some stocks which are likely to see a rally when market reopens on Monday.

Banking sector

Banking sector stocks are also likely to rise since sales in auto sector, demand for housing loans and agriculture loans will lead to a rise in their loan books. Also, banking stocks have been at the forefront of almost all rallies on the benchmark indices.  Some banking stocks which may lead the rally are Kotak Mahindra Bank, Bank of Baroda, ICICI Bank, Axis Bank and SBI among others.

[techsciresearch]

Tier 2 Cities to Continue Leading India Two Wheeler Loan Market – TechSci Research

Rising two wheeler sales coupled with easy availability of financing options to boost Two Wheeler Loan Market

According to TechSci Research report, “India Two Wheeler Loan Market By Type, By Source, By Percentage of Amount Sanctioned, By Type of City, By Tenure, Competition, Forecast & Opportunities, 2025”, in 2018, India registered sales of over 26 million two wheelers, making it the world’s largest two wheeler market. As a result, major automakers are setting up their production plants and are focusing on launching new vehicles in the developing economy, which would drive the country’s two wheeler loan market in the coming years. Declining unemployment rates, increasing disposable income and high per capita income level are positively impacting the two wheeler loan market in India.

Browse 38 market data Figures and Tables spread 80 xx Pages and an in-depth TOC on "India Two Wheeler Loan Market"

https://www.techsciresearch.com/report/india-two-wheeler-loan-market/4222.html

India two wheeler loan market can be segmented based on the type, source, percentage of amount sanctioned, type of city, tenure and region. In terms of type of city, market can be segmented into tier 1, tier 2, tier 3 and tier 4. Of all, Tier 2 cities are the major adopters of two wheelers in the country due to congested roads and parking issue in these cities. Two wheelers provide ease of parking and are also fuel efficient, which is pushing their demand across tier 2 cities, thereby boosting two wheeler loans market in such regions.

Major companies offering loans for the purchase of two wheeler in India are Banks and Non Banking Financial Companies (NBFC). NBFCs are coming up with various credit provisions with minimum documentation in order to attract more buyers and borrowers. Leading banks operating in the market include HDFC Bank, ICICI Bank, State Bank of India, Kotak Mahindra Prime Ltd., Axis Bank, among others.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4222

 Customers can also request for 10% free customization on this report.

 “Two wheeler loan market in India is anticipated to grow at an impressive rate during the forecast period owing to low loan interest rates and cost effectiveness of two wheelers. Moreover, factor like growing disposable income, declining fuel prices and increasing ownership of two wheelers are further bolstering the growth of the two wheeler market in India, which in turn is driving the two wheeler loan market in the country.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Two Wheeler Loan Market By Type, By Source, By Percentage of Amount Sanctioned, By Type of City, By Tenure, Competition, Forecast & Opportunities, 2025” has analyzed the potential of two wheeler loan market across the country, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by India two wheeler loan market.

Browse Related Reports

Global Peer to Peer Lending Market By Business Model (Traditional P2P Model & Marketplace Lending Model), By End User (Consumer Credit; Small Business; Student Loans & Real Estate), By Region (North America, Europe & Others), Competition, Forecast & Opportunities, 2024

https://www.techsciresearch.com/report/peer-to-peer-lending-market/3996.html

Global Real Time Payment Market By Nature of Payment (P2P, P2B, B2P), By Component (Solutions, Services), By Deployment Mode (On-Premise, Cloud), By End User (BFSI, IT & Telecommunication, Retail & Ecommerce, Government, Energy & Utilities, Others), By Company, By Region, Competition, Forecast & Opportunities, 2024

 https://www.techsciresearch.com/report/real-time-payment-market/3145.html

 Global POS Terminal Market By Product Type (Fixed, Portable & mPOS), By Deployment (Cloud & On-Premise), By EMV Compliance (EMV & Non-EMV), By Industry (Retail, Travel & Hospitality, Media & Entertainment, Healthcare, Education & Others), By Region, Competition, Forecast & Opportunities, 2024

  https://www.techsciresearch.com/report/pos-terminal-market/3889.html

 Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com