### **Overview** Rasandik Engineering Industries India Limited, founded in 1986 by Shri Rajiv Kapoor (IIT Delhi alumnus), is a diversified engineering and manufacturing company with a strong legacy in automotive component manufacturing and emerging leadership in the electric mobility sector. Headquartered in India, the company operates multiple state-of-the-art facilities across Sohna, Surajpur (Greater Noida), Pune, and Mewat, serving domestic and international markets. With a strategic pivot toward sustainable transportation, Rasandik launched the **"SAMRAT"** brand in 2022—its flagship line of **L5-category electric three-wheelers (E-Autos)**—positioning itself as a pioneer in India’s rapidly growing electric vehicle (EV) ecosystem. --- ### **Core Business Segments** #### 1. **Electric Vehicles (SAMRAT Brand) – Strategic Growth Engine (Since 2022)** Rasandik has strategically expanded into the **high-speed electric three-wheeler market**, capitalizing on rising demand for eco-friendly and cost-efficient urban mobility solutions. - **Launch of SAMRAT Brand (2022):** - Developed in-house to support the Government’s *Make-in-India* and clean energy initiatives. - First product: **Samrat D+6**, an electric three-wheeler with seating for 1 driver + 6 passengers. - Manufacturing base: **Surajpur, Greater Noida, Uttar Pradesh**. - **Product Portfolio – SAMRAT E-Autos:** The SAMRAT lineup caters to diverse urban commercial and passenger needs. Key variants include: - **Passenger Models**: - *Driver + 3* (standard) - *Driver + 6* (unique, high-capacity option for families and shared transport) - **Cargo & Delivery Vans**: - *Loader* (intra-city goods transport) - *Mobile Shop* (for milk, bread, water, bakery, poultry) - *Hi-Deck* (adaptable for vegetables, ice cream, fast food) - **Garbage Collection**: - *G05HX / CHIEF GOSHX* – Electric three-wheeler garbage tipper (manual/hydraulic) designed for municipal waste collection. - **Technology & Performance Features:** - **Powertrain**: Equipped with **60V PMSM motor** delivering **30% more torque** than industry standards. - **Speed & Load Capacity**: - Speed: 50–55 km/h (unloaded), 45–50 km/h (fully loaded). - Max payload: **1,100 kg**, tested under robust chassis and heavy-duty suspension with leaf springs. - **Hill Climbing**: Capable of climbing gradients of **7°–20%**, even under full load. - **Tires**: **3.75-12, 6-ply MRF tires** for superior grip and durability across terrains. - **Driving Modes**: Three modes—**Normal, ECO, and Sport**—for optimized efficiency and performance. - **Key Models (SAMRAT CHIEF Series):** - **CHIEF R05 / ROS**: 4-seater or delivery van with enhanced load and hill-climbing capability. - **CHIEF DVOS**: Dedicated delivery van variant. - **CHIEF G05HX / GOSHX**: Garbage tipper with hydraulic lift system. --- ### **Market Positioning & Competitive Edge** - **Zero Emission & Regulatory Advantage**: - SAMRAT vehicles are L5 category EVs, producing **zero emissions** and **do not require special permits** for operation—ideal for city logistics and municipal services. - **Economic Efficiency**: - Electric three-wheelers offer **70–80% lower operating costs** vs. fuel-powered equivalents due to savings on fuel and maintenance. - **Urban Mobility Solution**: - Targets **last-mile delivery**, intra-city freight, passenger transport, and municipal waste management. - Single charge supports **full-day operations**, enhancing cost-effectiveness. - **Growing High-Speed Segment**: - While the Indian three-wheeler market is still dominated by low-speed vehicles, Rasandik is positioned at the forefront of the **emerging high-speed cargo and delivery segment**, projected to grow at **CAGR of 66.20% (2022–23 to 2026–27)**. - **Target Markets**: - Primary: Delhi, Uttar Pradesh, Bihar, West Bengal, Odisha. - Expansion planned into Chhattisgarh, Madhya Pradesh, and **export opportunities** in the UK, Sweden, and North America. --- ### **Core Manufacturing & Ancillary Businesses** Beyond EVs, Rasandik maintains a strong foundation in engineering and manufacturing: #### 1. **Automotive Components (Tier I Supplier)** - Supplies to major OEMs including **Maruti, Tata, Mahindra, Ashok Leyland, and CNH**. - Product Range: - Fuel tanks, BIW (Body-in-White) parts, chassis components, suspension parts, scissor jacks, tractor parts. - Press tools, dies, and tooling solutions for large-scale production. #### 2. **Laser Tailor-Welded Blanks (TWB)** - High-margin, high-growth business with no near-term capex. - Reinforcement components for automotive structures: side members, pillars, door reinforcements, floor pans. - Strategic goal: Supply high-end TWBs to OEMs and strengthen presence in lightweight, next-gen automotive tech. #### 3. **Rail & Heavy Fabrication Division** - Produces end-wall assemblies, front parts, luggage racks, bio-retention tanks, and water tank ceilings for rail coaches. #### 4. **Home Products Division** - Manufactures ironing boards, clothes hangers, shoe racks, and hat racks at a facility in Greater Noida. - **Exports** to USA, UK, Sweden, Brazil; also sold via **Indian e-commerce platforms**. --- ### **Strategic Initiatives & Future Outlook (As of 2025)** - **EV-Centric Strategy**: - Focused on scaling up **L5 electric three-wheeler production** and becoming a dominant OEM. - Investing in **lithium-ion battery-powered platforms** and advanced EV design capabilities. - **Export Ambitions**: - Targeting **10% of total turnover from exports**, leveraging low operating costs and modular designs suitable for global micro-mobility needs. - **Debt Optimization**: - Plans to **fully repay debt** to Punjab National Bank (PNB) through monetization of surplus/idle assets—aimed at improving profitability and freeing up capital for EV expansion. - **Innovation & Technology Leadership**: - Founder Rajiv Kapoor introduced pioneering technologies in India: **Moving Bolster (1992)**, **Spot Welding Robots (1999)**, and **Tailor-Welded Blanks (2006)**. - Continued focus on **in-house R&D, automation, CAM software**, and rapid prototyping. - **Manufacturing Footprint**: - Five advanced manufacturing facilities with integrated capabilities in tooling, stamping, welding, and assembly. - Workforce: ~450 employees. ---