The document is a business plan for Jazz Motors' asset management company. It summarizes the company's multi-utility vehicle called the Jazz Winger, which can accommodate 12-15 people comfortably. It details the vehicle's features and variants for different uses like schools and hospitals. The document also outlines sources of finance, intellectual property protections, and Jazz Motors' contributions to economic growth through innovations, technology, and job creation.
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Jazz Motors' Business Plan for an Asset Management Company
1. Entrepreneurship Assignment
Name:- Jatin Singh
Roll No:- 2960
BBE 2nd Year, IVth Sem.
Business Plan Of An Asset Management Company
Business Name :- Jazz-Motors.
Submitted To:- Miss. Sonam Dutta.
2. PURPOSE
. Jazz Winger – the perfect multi-utility maxi van:-
The Jazz Winger falls under the category of multipurpose mini buses or maxi vans.
Jazz Motors engineered it to simplify the needs arising in different sectors such as schools, offices,
tourism, hospitals etc. at a very economical price as compared to other bus prices in India.
. A vehicle ideal for large groups:-
The Jazz Winger is innovatively designed with an appealing look and sufficient space, where 12-15
people can easily accommodate with great comfort and ease. Safety and comfort of passengers
are of utmost importance.
. Let's have a glance at the features that makes Jazz Winger the best multi-purpose utility
vehicle on the roads today:-
1. Jazz Winger School Van 13+D, this variant is instilled with a child safety lock system
guaranteeing a smooth and safe ride for the school children.
2. Jazz Winger Ambulance is available in two variants - Winger Ambulance 3200 and 3488. Based
on the prevailing mini bus price in India, it is a cost-effective choice, powered by 2.2 L DICOR
engine with A flat torque curve appropriate for hospitals and ambulance needs.
3. Jazz Winger Staff Buses are available with a capacity of 9-15 seats in 4 different variants. It not
only ensures safety and comfort of passengers but also looks into the driver's comfort,
providing better night visibility, hydraulic clutch for reduced clutch effort, and superior driver's
seat for a relaxed and comfortable journey.
3. SERVICES
• Passenger Needs:
Comfortable travel goes a long way in making any trip a success. The Jazz Winger Passenger van ensures that
every ride is a pleasant and relaxing one for your tourist passengers. Passengers want a few things in
particular - smooth travel without unnecessary bumps and jerks, silent travel, a charging point for all their
essential devices, comfortable seats, and a lot of luggage space.
• Jazz Winger Features:
The features the Jazz Winger maxi van offers are modern and take into mind all individual requirements too -
such as Individual A.C. vents and push back seats, Multiple USB charging points, Spacious leg room, Spacious
luggage area, 1900mm internal height for comfortable movement inside the vehicle, ease of entry and exit
and an attractive body with decals on the side. It has been constructed with a monologue design that
ensures low noise, vibration and harshness, creating a smooth and silent travelling experience. The Jazz
Winger incorporates an innovative design that sets it apart from other transport vehicles in its class. This
host of world-class features makes it an ideal choice as a tourist vehicle.
• Ideal for Tour Operators:
From the business point of view - the Jazz Winger offers best in class mileage. It comes with a warranty of 3
years or 3 lakh km, whatever comes first, and efficient and satisfying after sales services at very low service
charges. It has service centersb located all over the country and is economically priced - especially keeping in
mind its seating configuration. It can be used for Picnics, Marriage parties, Airport transfers, Weekend Family
Trips and much more.
4. SOURCES OF FINANCE
The Company finances its capital expenditures and research and development investments through cash generated
from operations, cash and cash equivalents, debt and equity funding. The Company also raises funds through sale
of investments, including divestment in stakes of subsidiaries on a selective basis.
• The Company's cash and bank balances on a consolidated basis were Rs. 32,879.98 crores as at March 31,
2016, as compared to Rs. 32,115.76 crores as at March 31, 2015. These enable the Company to cater to
business needs in the event of changes in market conditions.
• The Jazz Motors Group funds its short-term working capital requirements with cash generated from
operations, overdraft facilities with banks, short-and medium-term borrowings from lending institutions,
banks and commercial paper. The maturities of these short-and medium-term borrowings and debentures are
generally matched to particular cash flow requirements. The working capital limits are Rs. 14,000 crores from
various banks in India as at March 31, 2016. The working capital limits are secured by hypothecation of certain
existing current assets of the Company. The working capital limits are renewed annually.
• Jaguar Land Rover Automotive plc refinanced its revolving credit facility with a syndicate of more than 28
banks, increasing the size of revolving credit facility to GB£1.8 billion, all maturing in 5 years (2020) and
subsequently upsized the facility to GB£1.87 billion in September 2015, by including an additional bank. The
outstanding balance under the facility which is completely undrawn, is GB£1.87 billion as at March 31, 2016.
5. PROTECTION OF IDEAS
• Jazz Motors has applied for patent protection for over 37 inventions and innovations linked
to its high-profile affordable car, Nano, in an aggressive move to protect the brand against
imitation in the ultra-competitive car industry. It is also close to filing intellectual property
rights (IPRs) claims for Nano in overseas markets, company officials said.
• The company has used a number of new concepts and ideas to develop this vehicle and
patents will help in protecting some of its innovations, According to officials close to the
development. The move is also expected to help Jazz Motors to sell the car in markets such
as Africa, Southeast Asia, Eastern Europe and Latin America.
• Jazz Motors Ltd. owns the copyright for all of the material on the website or has a valid right
from a third party to use material on the web site. Jazz Motors Ltd. also owns or has a valid
right to use all trademarks, service marks, and trade names used on this web site.
• Jazz Motors has recently filed new trademark applications for three new names - Epiq, Spyk
and Taureo. As per the trademark registry, the company had filed the request last month and
it has now been accepted and approved for use.
6. CONTRIBUTION TOWARS ECONOMIC GROWTH
• The automobile industry is one of the key drivers that boost the economic growth of
the country. Since the de-licensing of the sector in 1991 and the subsequent opening up
of 100 percent FDI through automatic route, Indian automobile sector has come a long
way. Today, almost every global auto major has set up facilities in the country. Jazz
Motors is the largest automobile manufacturing company in the world by volume, with
presence across a range of passenger cars and Commercial Vehicles (CV). It is the
market leader in terms of volumes in CV Segment (including, Light Commercial Vehicle,
Medium & Heavy Commercial Vehicles segments) and enjoys a market share of ~ 58% in
the CV segment which has grown consistently over the last few years. This paper gives
an overview of Indian automobile industry and the contribution of Jazz motors. This
paper also explains the strategic position of Jazz Motors in Indian economy.
• Economic backbone
In addition, Jazz companies together create wealth for the nation by contributing ₹47,196
crore (2.24 percent of the total collection in 2017) in taxes to the government of India's
finances (₹21,08,118 crore).
7. INNOVATIONS
• Jazz Motors has already developed next-gen clean, green fuel based commercial
vehicles, such as the Magic Iris Electric, a zero-emission commercial passenger
vehicle which uses solar energy for supplementary charging, and the hybrid
Starbus, a clean fuel solution for public transport.
• An electric vehicle is propelled by one or more electric motors, using energy
stored in rechargeable batteries. Compared to internal combustion engine (ICE)
vehicles, electric cars are quieter, have no exhaust emissions, and
lower emissions overall.In the United States, as of 2020, the total cost of ownership
of recent EVs is cheaper than that of equivalent ICE cars, due to lower fueling and
maintenance costs. Charging an electric car can be done at a variety of charging
stations; these charging stations can be installed in both houses and public areas.
8. TECHNOLOGY CHANGE TRENDS & CREATIVITY
• Innovation is deeply embedded in our DNA, and is demonstrated through our path-breaking vehicles, ranging from
India's first fully indigenous passenger vehicle , the Indica, to the new generation cars - Harrier, Tiago, Hexa, Tigor,
Nexon and Altroz.
• On the cargo transportation side, our vast range of commercial vehicles includes the recently launched the Jazz Intra -
India's first compact truck in the SCV segment, globally benchmarked Prima, Signa and Ultra trucks in the Medium &
Heavy Commercial Vehicle (M&HCV) segment, the Xenon Yodha in the pickup category and the segment-redefining
Jazz Ace.
• In passenger transportation, Jazz Motors has unleashed the future of mass public transportation by launching the
Starbus Electric (9m and 12m) and the Starbus Hybrid 12m buses. To meet the current and future passenger
transportation needs in smart cities, we have rolled out a range of smart buses which are designed, developed and
powered by alternate fuels. Developed indigenously, these buses are safe and comfortable and are economically viable
‘Made in India' solutions. The country's first "Fuel Cell Bus" also under development from the house of TML.
• We focus on current and future auto technologies to enhance the look and feel of our vehicles and to boost the overall
driving experience for our customers. Our new age concept cars and award-winning engines are examples of how far
our innovative techniques have brought us. From frugal engineering to our work on vehicles, powered by alternative
fuels, our innovation thrust forms one of the pillars of a business built on sustainability.
• Our state-of-the-art R&D centres and design studios are located at Pune, Jamshedpur & Lucknow (India), Italy and the
UK, and have many firsts to their credit. We boast of housing an end to end powertrain development facility recently
upgraded with countries first multi storey soak room facility for BS6 development, Asia's first anechoic chamber, India's
first full vehicle crash test facility and India's only full climate test facility. With over 5000 engineers, designers,
scientists and technicians, we are making path-breaking innovations that are driving the form and performance of
future vehicles.