| The range of vehicles includes a bike, rickshaw and a cart for the physically challenged. |
| The company started commercial production of BOVs this year. It has so far invested Rs 2.25 crore and has a capacity of 100,000 vehicles. |
| It aimed at selling 10,000 rickshaws and 30,000 bikes in the year ending April 2005. This would help the company generate revenues of Rs 60 crore, said executive director Uday Karandikar. |
| He said the company had appointed six dealers in northern India and has received inquiries from 60 dealers in the western part of the country. |
| According to the executive director, the company was in talks with State Bank of India to help organise finance for customers. |
| "SBI's widespread reach suits us as we want to sell the vehicle in every nook and corner of the country," he said. |
| Priced in the range of Rs 35,000-45,000, the rickshaw range has three variants - passenger, cargo and combi. On a single charge the variants can travel 50 kms without peddling with a payload of 250 kg. The recharge time is 6-8 hours and the battery life is one year. |
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