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Why EVARA Exists

Two Objectives. One Engine.

Every revenue line, partnership, and subsidy in this plan serves exactly two goals

🧑‍🔧
Objective 01

Raise the Income & Efficiency of Delivery Drivers & Mechanics

Give the people who move Sangli — delivery riders and mechanics — zero-fuel EVs, 2-minute battery swaps, upgraded workshop tools, and formal business identity, so they earn more and lose less time.

🏢
Objective 02

Profit by Bringing Every Service They Need Under One Roof

Once a partner is inside our ecosystem, we capture every rupee of their vehicle spend — charging, servicing, tyres, insurance, scrapping — turning one relationship into six recurring revenue streams.

Business Plan Presented to the Ministry of Industries — Government of Maharashtra

EVARA

EV Ecosystem Business Plan · Maharashtra 2026

₹30 Cr Investment. ₹11 Cr Year-3 Revenue. A subsidy-backed, six-revenue-stream commercial EV enterprise.
🏛️ 85% MSE CDP Subsidy
💰 6 Revenue Streams
📈 22% IRR · 30-Mo Breakeven
🛵 500 Swappable-Battery EVs
🔧 200+ Mechanic Partners
MSE Cluster Development Programme · Atmanirbhar Bharat Aligned with Maharashtra EV Policy 2021
Market Opportunity

A ₹16.5 Lakh Crore Market Nobody Has Organized

Three structural gaps in Maharashtra's mobility economy — and the commercial opening they create

🛢️
₹16.5L Cr
Annual Fossil Fuel Import Bill

India imports over ₹16.5 Lakh Crore in petroleum annually — bleeding foreign reserves, inflating prices, and fueling inflation for every Indian family and business.

🌫️
4 of 10
Maharashtra Cities Among India's Most Polluted

Pune, Mumbai, Nagpur and Nashik consistently rank among India's worst air quality cities. Vehicle emissions are the #1 contributor to urban pollution.

💸
₹3,000+
Monthly Fuel Cost for Delivery Partners

Over 1 million gig delivery workers in Maharashtra spend ₹3,000–5,000/month on fuel, crushing their take-home income and leaving them without EV access.

02
Section 02
The Sangli Model

A ₹30 Crore ecosystem — 500 EVs, battery swap infrastructure, and city-wide partnerships that transform how Sangli moves and earns

Sangli Model
Business Model

One Fleet. Six Revenue Lines.

EVARA is a vertically integrated EV ecosystem — every node is a captive revenue stream that reinforces the others

🏛️
MSE CDP Subsidy
Government funding lever
🔄
Battery Swap Stations
2-min swap · zero downtime
🛵
CFC — Quick Commerce
Delivery driver cluster partners
🛵
500 EV FLEET
Swap & Charge Hub
🚗
Authorized Service Stations
OEM servicing & AMC revenue
🔄
Tyre Wholesale
Supply chain distribution
🚿
Vehicle Washing
Daily recurring revenue
🛡️
Insurance Sales
Commission · zero capex
🏭
Vehicle Scrapping Unit
RVSF · Policy-backed revenue
♻️
Tyre Recycling Unit
Crumb rubber · pyrolysis oil
Profitable Enterprise
85% Subsidy-Funded Capex
📉 Import Substitution Upside
Foundation

Leveraging MSE CDP for Maximum Impact

The Ministry of MSME's Cluster Development Programme (CDP) provides capital subsidies for Common Facility Centers — we use this to build Maharashtra's first swappable-battery EV fleet and battery swap ecosystem.

What is MSE CDP?

The Micro & Small Enterprises Cluster Development Programme offers up to 85% government subsidy on project cost for setting up Common Facility Centers (CFC) and service infrastructure that serves clusters of MSMEs.

Why Swappable-Battery EVs?

Detachable battery packs eliminate the need for fixed charging points. Our CFC partners swap a battery in 2 minutes and return to work — maximizing earning hours and eliminating "charging anxiety" entirely.

Fleet — 500 Electric 2-Wheelers with Swappable Batteries
500

🛵 Electric Scooter Fleet — 500 Units

Purpose-built electric 2-wheelers for daily last-mile delivery. Swappable battery packs, 80–100 km real-world range, zero tailpipe emissions.

🔋 ×2

Removable Battery Pack

Fully removable battery packs — no need to park for charging. Swap a depleted pack in under 2 minutes and keep moving.

🔄

Battery Swap Stations

We operate swap stations at every CFC hub. Partners drop a dead battery, pick up a charged one — zero downtime, zero fuel stop.

Total Fleet · All Electric 2-Wheelers · All Swappable Battery
500
Ownership Structure

25 Owners, 20 Vehicles Each — One Registered Cluster

Rather than EVARA capitalising all 500 EVs alone, we structure ownership as a cluster of small individual investors — sized precisely to qualify under Maharashtra's EV Aggregator Policy and the MSE Cluster Development Programme.

EVARA's Role — The Aggregator

EVARA operates the pooled fleet end-to-end — swap stations, servicing, insurance, compliance — and earns a management/service fee across all 500 vehicles, while each of the 25 owners keeps individual title to their 20 vehicles.

How the Cluster Adds Up
25

👥 Individual Owners

Independent small investors — not employees or subsidiaries of EVARA

× 20

🛵 Vehicles Owned by Each

Sized so every owner independently runs a viable micro-fleet

= 500

🏛️ Pooled Cluster Fleet

Registered together as one MSE cluster — eligible for 85% CDP subsidy

Total EVs Formed Under the Cluster · Aggregator Policy
500
🔄 Battery Swap
⚡ Fast Charge
🏢 CFC Hubs
🔋 Spare Packs
🔄 Swap &
Charge Hub
Infrastructure

Swap in 2 Minutes. Zero Downtime.

Because each EV's batteries are removable, our partners never wait to charge. We operate battery swap stations at every CFC hub — swap a depleted pack for a full one and get back on the road instantly.

🔄

Battery Swap Stations (Primary)

Charged spare battery packs always available at CFC hubs. Partners swap in under 2 minutes — no parking, no waiting, no lost earnings.

Home & Overnight Charging (Secondary)

Removable batteries also charge at home via a standard 15A socket — partners plug in overnight and start the day with 100%.

🎁

Free for All Fleet & Service Partners

Swaps and charging are free for every delivery and mechanic partner — the strongest possible incentive to join and stay in the network.

💡

Bulk Charging at Off-Peak Rates

We charge our spare battery inventory at night (off-peak tariff), lowering per-unit energy cost and enabling grid arbitrage revenue.

CFC Partners

Empowering the Delivery Economy

We organize quick commerce delivery drivers into Cluster Facilitation Centers (CFCs) — giving them EV access, free charging, and a formal business identity. They partner with us; we become their backbone.

Zero Fuel Cost Swappable-battery EV + free swaps = ₹3,000–5,000/month saved per partner
Zero Downtime with Battery Swap Swap a dead pack for a charged one in 2 minutes — no charging stops, no lost deliveries
Lower Maintenance EV servicing through our mechanic partner network at preferential rates
Insurance Coverage Fleet insurance sold through our own channel at competitive rates
Business Identity Registered CFC cluster gives formal MSME status and access to credit
Washing Services Vehicle washing through our centers — keeps the fleet presentable
500+
Delivery partners onboarded into CFC clusters across the city
₹0
Monthly fuel cost for every CFC partner using our EV fleet
3–5x
Increase in partner take-home income vs. ICE vehicle costs
10+
CFC hubs planned across key delivery corridors in the city

How the CFC Model Works

Each CFC is a cluster of 50–100 delivery partners. We provide the EV fleet + charging hub. Partners pay a small daily/monthly membership fee — far less than their current fuel spend. The CFC registers as an MSME cluster, qualifying for CDP benefits.

Sangli Model
Mechanic Partnership Program
🔧

General Mechanics — EV Upgrade

We partner with local mechanics and provide EV-specific diagnostic tools, battery testers, and motor controllers — paid for through the MSE CDP subsidy. We also train and certify them for EV servicing.

Before Partnership
₹18,000
avg. monthly income
petrol bikes only
After Partnership
₹40,000
EV + petrol certified
+ guaranteed fleet work
EV Diagnostic Tools Battery Service Kit OEM Certification
🔩

Tyre Mechanics — Machine Upgrade

We replace old manual tyre-fitting machines with modern automatic wheel balancers and computerised alignment machines. We also make them our wholesale tyre supply partners — better margins, more volume.

Before Partnership
₹12,000
8–10 vehicles/day
old manual machine
After Partnership
₹35,000
25–30 vehicles/day
+ alignment revenue
Auto Wheel Balancer Computerised Alignment Tyre Wholesale Supply
Partnership Model

Capital for Capacity, Capacity for Margin

Sangli's mechanics and tyre shops run undercapitalized workshops with outdated tools. We fund the equipment upgrade in exchange for guaranteed fleet-servicing volume, wholesale tyre distribution margins, and a captive service network — at zero franchise fee and zero equity takeover.

How the Partnership Works
What We Give the Partner
  • EV tools & machines (subsidy-funded)
  • EV training & certification support
  • Guaranteed service work — our 500-EV fleet
  • Tyre wholesale supply at trade rates
  • MSME registration & formal credit access
What We Get in Return
  • City-wide service coverage for our fleet
  • Captive tyre distribution channel
  • Controlled service quality for partners
  • Revenue share on fleet service jobs
  • Loyal, growing partner network

200+ mechanic & tyre shop partners across Sangli — their income doubles, our fleet stays serviced, and the city gains a skilled, organised EV service network.

Sangli · The Numbers

The Petrol Drain — and How EVARA Ends It

Real maths for Sangli's delivery drivers · assumptions: 2,500 active drivers · 80 km/day · ₹105/liter petrol · 26 working days/month

🛢️ Current State — The Fuel Drain
Active delivery drivers in Sangli = 2,500
Average distance per driver per day × 80 km
City-wide daily distance = 2,00,000 km
Petrol mileage (city riding, ICE scooter) ÷ 50 km/L
Petrol burned every single day = 4,000 L/day
Petrol price (Maharashtra) × ₹105/L
Rupees leaving Sangli every day = ₹4.2 Lakh/day
Working days per year (26/month) × 312 days
12.5 Lakh Litres
of petrol burned in Sangli per year
₹13 Crore
leaving Sangli's economy every year
EVARA
changes
this
✅ With EVARA — Per Driver Maths
Monthly fuel cost (current) = ₹4,400/mo
Monthly fuel cost with swappable EV = ₹0/mo
Monthly saving per driver = ₹4,400
Annual saving per driver = ₹52,800
Take-home income comparison
Before EVARA (₹15,000 gross)
₹10,600 take-home
− ₹4,400 fuel = ₹10,600 net
After EVARA (₹15,000 gross)
₹15,000 take-home (+42%)
₹0 fuel = full ₹15,000 net
+42%
increase in take-home income
for every delivery partner
📈
Multiplier
Effect
kicks in
🏙️ City-Wide Economic Impact
Total annual fuel savings (2,500 drivers) = ₹13 Crore
This money now stays & circulates in Sangli Local spend
Spent on: food, education, healthcare, goods More demand
More demand → more local jobs created More income
Keynesian economic multiplier (Tier-2 city) ×
Total new economic activity generated = ₹26 Crore
₹26 Crore
of additional economic activity
generated in Sangli every year
From just 500 EVs replacing petrol scooters — no new industry, no government spending. Just keeping fuel money inside Sangli.
500 EVs
replace petrol scooters

saves
₹13 Crore
stays in Sangli per year

drivers spend
90%
of savings spent locally
(high MPC, low-income workers)

creates
₹26 Crore
total city GDP boost
(2× multiplier)

means
500+
additional local jobs
from increased demand
03
Section 03
Maharashtra at Scale

A ₹709 Crore/year addressable market across Maharashtra's top 10 cities — Sangli is the proof-of-concept for a state-wide rollout

Maharashtra · State Scale

₹709 Crore of Petrol Drained Annually — Across 10 Cities

Estimated delivery rider fuel spend · same formula: 80 km/day · 50 km/L · ₹105/L · 312 days · savings = full fuel cost eliminated by swappable-battery EV

# City & District Riders Annual Saving ₹ Crore
1
Mumbai
Mumbai City & Mumbai Suburban District
50,000
₹262 Cr
2
Pune
Pune District
30,000
₹158 Cr
3
Nagpur
Nagpur District
15,000
₹79 Cr
4
Thane
Thane District
12,000
₹63 Cr
5
Nashik
Nashik District
8,000
₹42 Cr
6
Aurangabad
Chhatrapati Sambhajinagar District
6,000
₹32 Cr
7
Solapur
Solapur District
5,000
₹26 Cr
8
Amravati
Amravati District
3,500
₹18 Cr
9
Kolhapur
Kolhapur District
3,000
₹16 Cr
10
Sangli ★
Sangli District · EVARA Pilot City
2,500
₹13 Cr
Total — Top 10 Maharashtra Cities 1,35,000 ₹709 Crore / year
₹709 Cr
Annual petrol savings if all 1,35,000 delivery riders in Maharashtra's top 10 cities switch to swappable-battery EVs
6.7 Cr
Litres of petrol eliminated per year — direct reduction in India's import bill
1,35,000
Delivery riders whose take-home income rises by 40%+ — every rupee stays in Maharashtra
EVARA starts in Sangli — a ₹30 Crore pilot that proves the unit economics. The same playbook then replicates city by city, addressing a ₹709 Crore annual revenue opportunity across Maharashtra's top 10 delivery markets.
04
Section 04
The Profit Model

Six diversified revenue lines, 37% EBITDA margin at scale, and a 30-month payback — a self-sustaining commercial enterprise, not a subsidized program

Profit Model
Revenue Model

Six Pillars of Profitable Growth

Diversified, recurring, and scalable revenue streams — including circular economy units that turn waste into income

🚗
Authorized Service Station

Become the authorized EV service station for the city — capturing labour, service revenue, spare parts, and AMC contracts.

  • OEM-authorized servicing for all electric 2-wheelers
  • Annual Maintenance Contracts for our 500-vehicle fleet
  • Walk-in service from our mechanic partner network
  • Spare parts, accessories, and battery health checks
High Margin · Recurring
🔄
Tyre Wholesale & Retail

Control the tyre supply chain for the city — supplying to our mechanic partners and selling retail to every vehicle owner.

  • Wholesale tyre distribution to 200+ mechanic partners
  • Retail tyre sales at washing/service centers
  • Captive demand from 500-vehicle fleet
  • Volume-based margins from OEM tyre brands
Volume · Scalable
🚿
Vehicle Washing

Automated washing bays at every fleet and service hub — serving our own fleet and the public for daily, recurring revenue.

  • Public walk-in vehicle washing (2W/4W)
  • Car detailing and premium services
  • Monthly subscription plans for regulars
Daily · Sticky Revenue
🛡️
Insurance Sales

Become the insurance point-of-sale for every vehicle in our network — and then for every vehicle owner in the city.

  • Vehicle insurance for all 500 EV fleet partners
  • Public insurance at washing and service centers
  • Health & life insurance upsell to partners
  • Commission-based, zero capital required
Commission · Zero Capex
🏭
Vehicle Scrapping Unit

Registered Vehicle Scrapping Facility (RVSF) under India's Vehicle Scrapping Policy 2021 — turning end-of-life vehicles into a profitable circular economy business.

  • RVSF registration — government-mandated facility
  • Scrap metal, fluids & parts resale revenue
  • Scrapping Certificate issued = ₹discount on new EV
  • Drives new EV sales through our service network
Policy-Backed · High Volume
♻️
Tyre Recycling Unit

Convert end-of-life tyres into crumb rubber, pyrolysis oil, and carbon black. Raw material sourced from two streams — city collection and government tenders.

  • MSRTC & State Transport Undertaking used-tyre tenders — bulk commercial tyres at low cost
  • 2-wheeler tyres collected from city mechanics & tyre shops
  • Crumb rubber sold to road contractors & sports surface makers
  • Pyrolysis oil sold as industrial fuel
  • Carbon black recovered and resold to manufacturers
Circular Economy · Zero Waste
Profit Model
Financials

Built for Profitability and Scale

A capital-efficient model, anchored by government subsidy and diversified revenue

Project Investment Breakdown

Total Project Cost ₹30 Crore
MSE CDP Subsidy (85%) ₹25.5 Crore
Own Contribution (15%) ₹4.5 Crore
500-EV Fleet ₹5 Crore
Auth. Service Station (fees + machinery + brand) ₹5 Crore
Charging Station + Battery Swap Hub ₹3 Crore
Solar Infrastructure ₹2 Crore
Tyre Recycling Unit ₹2 Crore
Vehicle Scrapping Unit ₹2–3 Crore
Battery Recycling Plant ₹2 Crore
Land, Building, Working Capital & Operations ₹8 Crore
30
Month Breakeven
22%
Projected IRR
6.7x
Subsidy Leverage
37%
Year-3 EBITDA Margin

Revenue Projections

Year 1 Revenue ₹8 Crore
Year 2 Revenue ₹9.5 Crore
Year 3 Revenue ₹11 Crore

Revenue Stream Breakdown (Year 3)

Auth. Service Station ₹18 Cr
Tyre Wholesale ₹14 Cr
Vehicle Washing ₹5 Cr
Insurance Sales ₹4 Cr
Vehicle Scrapping Unit ₹8 Cr
Tyre Recycling Unit ₹5 Cr
05
Section 05
Impact & Policy Fit

Quantified co-benefits that strengthen the subsidy case and de-risk the investment — jobs, import substitution, and MSME formalization

Impact & Policy Fit
Impact & Policy Fit

Quantified Co-Benefits That Strengthen the Case

On top of a profitable core business, EVARA delivers measurable outcomes that support the subsidy application and policy alignment

🌿
5,000+
Tonnes CO₂ Avoided

500 EVs replacing petrol/diesel vehicles saves over 5,000 tonnes of CO₂ emissions annually — the equivalent of planting 250,000 trees.

👷
1,000+
Jobs Created

Direct employment across swap stations, washing bays, authorized service stations, and management — plus income growth for 700+ partner businesses.

📉
₹50 Cr+
Annual Import Substitution

500 EVs switching from imported petroleum saves approximately ₹50 Crore in fuel imports per year — directly reducing India's import bill.

🏢
200+
Small Businesses Formalized

Local mechanics and tyre shops get MSME registration, equipment upgrades, formal business credit, and access to a national supply chain.

🛵
₹4,000
Avg. Monthly Savings per Partner

Each CFC delivery partner saves ₹3,000–5,000/month in fuel costs — a 40–60% boost in take-home income for Maharashtra's gig workers.

3x
EV Adoption Multiplier

Every EV partner becomes an EV ambassador. Our visible fleet and free charging normalizes EV adoption, triggering a city-wide multiplier effect.

♻️

Circular Economy Units — Our Vehicle Scrapping Facility and Tyre Recycling Unit ensure zero waste leaves our ecosystem. Raw material for recycling comes from city collection and MSRTC / State Transport Undertaking used-tyre tenders, turning government waste into commercial value.

📜

EVARA is aligned with India's National Electric Mobility Mission Plan, the Vehicle Scrapping Policy 2021, Maharashtra's EV Policy 2021, and the Atmanirbhar Bharat goal — a replicable model for every Indian city.

Our Request

What We Need from the Ministry

Four clear asks — all within existing policy frameworks. No new laws needed.

01 🏛️
MSE CDP Subsidy Approval

Approve our CFC cluster application under the MSE Cluster Development Programme for the 500-EV fleet, swap infrastructure, and mechanic partnership program.

02
Single-Window for Charging Infrastructure

Facilitate single-window clearance for setting up charging stations on public land, MSEB connections, and CESL integration for grid-linked charging.

03 🤝
Cluster & Partner Registration Support

Expedite MSME cluster registration for our delivery and mechanic partner hubs — giving them formal business status, credit access, and eligibility for government schemes.

04 📋
Policy Alignment & Letter of Support

A Ministry letter of support for alignment with Maharashtra EV Policy 2021 — enabling OEM authorized service station approval and investor confidence.

1
Month 1–3
CDP Approval
& Registration
2
Month 4–6
Fleet Procurement
& Infra Build
3
Month 7–12
Delivery & Mechanic
Partner Onboarding
4
Month 12–18
Full Revenue
Ecosystem Live
5
Month 30
Breakeven &
State Expansion
🌿⚡

Thank You

A subsidy-backed business plan to make Maharashtra India's EV capital

₹30 Cr
Total Investment
₹11 Cr
Year-3 Revenue
22%
Projected IRR
₹50Cr+
Import Substitution
View Full Financial Model →
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