54 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

University of Southampton Del...
Apply
B.Sc (Hons) Admissions 2025 Now Open | Ranked Among the Top 100 Universities in the World by QS World University Rankings 2025)
MAHE Manipal M.Tech 2025
Apply
NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #4
Amity University, B.Design Ad...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
University of Southampton Del...
Apply
MSc Finance and MSc International Management Admissions 2025 Now Open | Ranked Among the Top 100 Universities in the World by QS World University R...
VIT Chennai B.Sc. Admissions ...
Apply
#10 in India by NIRF Ranking | Institution of Eminence by Govt. of India | Scholarships Available
Amity University | BCA Admiss...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
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