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Organized Unorganized
Parking Space Parking Space
(10%) (90%)
10% Organized Parking space Rate is bound to grow in this
decade, in sync with the Indian Infrastructure growth rate.
Secondly, Unorganized Parking Space Constitutes 90% ,as in
Tier-II& III cities, infrastructure development is still in initial
phases. Considering population rise and uniform migration rates
from other cities into Tier I cities, there has been rapid
infrastructure development.
Unorganized Parking Space
Key assumptions:
1. Market Size is considered based on the organized Parking Space
market.
2. Both Passenger Cars and 2 wheelers sold yearly have been noted.
3. Average Life Of Car: 10 Years, Average Life Of 2-Wheeler: 5 Years
4. Annual Frequency of Parking Vehicle in Organized Space: 4
5. 70% Of Vehicles are parked in organized spaces for 0-2 Hours.
(Rest 30% - 2+hours)
Builder
Builder
Outsources
Outsources certain
certain
Designs,
Designs, builds
builds and
and process,
process, such
such as
as
Outsources
Outsources everything
everything maintenance
maintenance of of parking
parking
manages
manages parking
parking space
space
space,
space, design
design ,, or
or
equipment
equipment
installation/maintenance.
installation/maintenance.
What are we selling ?
Solutions
Solutions to
to possible
possible pain
pain points
points in
in terms
terms of
of parking
parking
Solution
Solution to
to unreliable
unreliable Parking
Parking System
System including
including equipment
equipment and
and
software
software
Solution
Solution to
to automate
automate Energy
Energy Saving
Saving through
through usage
usage of
of less
less electricity
electricity
leading
leading to
to lesser
lesser costs,
costs, and
and leveraging
leveraging technology
technology to
to overcome
overcome
variable
variable costs
costs of
of parking
parking personnel.
personnel.
Using
Using highly
highly growing
growing mobile
mobile appapp ticket
ticket booking
booking industry,
industry, as
as aa
benchmark
benchmark toto conversion
conversion in
in footfall
footfall Higher
Higher footfalls,
footfalls, hence
hence higher
higher
parking
parking revenue
revenue
A
A more
more technologically
technologically efficient
efficient way
way to
to keep
keep all
all parking
parking spaces
spaces safe
safe
and
and free
free from
from traffic
traffic and
and congestion,
congestion, leading
leading to
to trust/comfort
trust/comfort
hence,
hence, higher
higher footfall
footfall
Type of Parking
Cost Cost
Fixed Lighting Lights remain on in unused parking spaces,
there is no energy saving and there is similar
consumption of energy, over the course of time
Variable Parking On an average, each parking space has around
Personnel 10-12 parking personnel
Plan
Plan II -- b
b
Ovunque
Ovunque
Technologi
Technologi
es
es
Plan
Plan I-I- bb Plan
Plan I-I- aa
Increasing
Increasing client
client
projects,
projects, as
as client
client will
will Addressing
Addressing
aa need
need byby
be
be willing
willing to
to add
add Passing
Passing giving
giving
additional
additional products
products InIn Test
Test of
of
Reliability
Reliability
immense
immense
client
client
his
his portfolio
portfolio satisfaction
satisfaction
Go-To Market Strategy:
Plan II Strategic
Partnerships