Oil Filter (Two-Wheeler) Manufacturing Business

two-wheeler-oil-filter-3--500x500
two-wheeler-oil-filter-3--500x500
oil-filter
oil-filters

Oil Filter (Two-Wheeler) Manufacturing Business

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Industry Overview The demand for oil filters in the two-wheeler industry has been increasing as motorcycles and scooters remain a preferred mode of transportation globally. Oil filters are essential components for keeping the engine running smoothly by removing contaminants from the oil, thereby enhancing the performance and longevity of the engine. As the two-wheeler market grows, both in terms of sales and maintenance, the demand for high-quality oil filters continues to rise. Scale and Profitability of Industry The oil filter manufacturing business can be scaled from a small workshop to a full-fledged production unit. The profitability is high, as manufacturers can target both the OEM (original equipment manufacturer) and aftermarket segments. The growing demand for maintenance services for motorcycles and scooters provides an added revenue stream for businesses in this sector. Subsidy Opportunities This business can benefit from schemes like PMEGP and MSME, offering financial assistance for machinery purchases, raw material costs, and working capital. Additionally, government initiatives like Start-Up India could provide funds for innovative, environmentally-friendly oil filter solutions. Eligibility Criteria
  • Must comply with automotive standards and regulations.
  • MSME registration required for subsidy eligibility.
  • Quality control to meet OEM standards.
Project Cost and Subsidy
  • Project Cost: ₹5 Lakhs to ₹10 Lakhs.
  • Subsidy: Up to 50% subsidy under MSME and PMEGP for smaller manufacturers.