About Resourceful Automobile Limited

Resourceful Automobile is actively involved in the dealership of two-wheeler bike of Yamaha, operating under the showroom name “Sawhney Automobiles”. Specializing in the sales and servicing of motorcycles and scooters, with quality products and exceptional customer service, making it a trusted destination for motorcycle enthusiasts.

Sawhney Automobile caters to a diverse range of customer preferences and needs by offering a comprehensive selection of two-wheelers. The inventory encompasses commuter bikes, sport bikes, cruisers, and scooters sourced from reputable manufacturers. As an authorized Yamaha dealership, they guarantee customers access to the latest models and authentic spare parts. Their dealership goes beyond sales, providing expert guidance to assist customers in selecting the right bike, arranging test rides, and offering financing options for enhanced accessibility. They take pride in their advanced service center, where skilled technicians handle routine maintenance, repairs, and ensure the availability of genuine spare parts to uphold the longevity and performance of the bikes they sell.

The mission of the company is to offer a diverse range of high-quality motorcycles, exceptional service, and fostering a community that celebrates the spirit of freedom and exploration on two wheels. The company is committed to innovation, integrity, and customer satisfaction, and it strive to be the premier destination for every rider’s journey. The vision of the company is to set industry standards, cultivate a vibrant rider community, and leave a legacy of excellence that resonates with the spirit of the open road.

OVERVIEW OF TWO-WHEELER INDUSTRY IN INDIA
The two-wheeler market in India has expanded significantly, and it now plays a crucial role in the nation's transportation infrastructure. India has seen rapid expansion in the two-wheeler sector, making it one of the biggest in the world. Due to their cost, convenience, and efficiency in crowded metropolitan areas, two-wheelers, particularly motorcycles and scooters, are quite popular.

The Indian two-wheeler industry has witnessed a steady increase in and production over the years contributing to this growth include rising disposable incomes, expanding middle- class, improving infrastructure, and increasing urbanization Additionally, the easy availability of financing options has made two-wheelers more accessible to a broader consumer base.

In order to meet the diverse demands and tastes of its customers, major local and foreign businesses compete in the Indian two-wheeler industry by offering a variety of models. Intense rivalry on the market drives ongoing product innovation, technical improvements, and aggressive marketing tactics.

In India, motorcycles account for a sizeable percentage of the two-wheeler market, with commuter and luxury models enjoying widespread customer appeal. In recent years, scooters have also gained a lot of popularity, especially among female riders and urban commuters.

Government laws and rules have a big influence on the business world. Technology developments and the adoption of cleaner, safer automobiles are results of the introduction of tighter emission standards and safety requirements. Additionally, the government has started a number of programs and incentives to encourage the use of electric twowheelers and lessen pollution.

Fuel costs fluctuation, shifting customer tastes, escalating competition from alternative forms of transportation, and the need for sustainable mobility solutions are all issues that the business must deal with. In order to address environmental concerns and satisfy upcoming regulatory requirements, manufacturers are concentrating on releasing electric and hybrid cars.

In India, the two-wheeler market is still thriving, thanks to a number of developments in technology, customer behaviour, government policies, and economic growth. The sector is positioned for more growth and transformation in the upcoming year due to changing trends and market needs. 

RESOURCEFUL AUTOMOBILE LIMITED STRENGTHS
1. Experienced Promoter and Management Team
2. Product Range and Quality Service
3. Locational Advantage
4. Brand Partnerships
5. Online Presence

RESOURCEFUL AUTOMOBILE LIMITED STRATEGIES
1. Enhance customer base by opening New Showrooms
2. Strengthen Brand Value
3. Expanding their product range to add more value-added products

RESOURCEFUL AUTOMOBILE LIMITED RISK FACTORS & CONCERNS
1. A large portion of their business revenue is derived from their dealership of Yamaha (Commercial).
2. They are subject to the significant influence of, and restrictions imposed by their OEMs pursuant to the terms of their dealership agreements that may adversely impact their business, results of operations, financial condition.
3. Their vehicle sales are impacted by the incentive, marketing, and other programs of the OEMs.
4. Their total portion of their business operations are concentrated in the states of Delhi.
5. The company has transferred all outstanding loans from Hero Fincorp Limited, NBFC to Deutsche Bank AG w.e.f. 05 th February, 2024.