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Harsh

Harsh Bharwani  |69 Answers  |Ask -

Entrepreneurship Expert - Answered on Aug 24, 2023

Harsh Bharwani is a fourth generation entrepreneur.
As CEO and managing director, he leads the international business and employability initiatives at the computer networking institute, Jetking Infotrain Limited.
After graduating from Delhi University, Bharwani joined the family business in 2010 and set up operations in the US and Vietnam.
He has trained over three lakh students in employability, confidence and key life skills.... more
Asked by Anonymous - Jul 03, 2023Hindi
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Career

Hello Mr. Harsh, I want to start a company dealing with electric motor and battery for two wheeler vehicles. I can start the company ASAP however want to know the key requirements for certification and generating sales of the product. Can you please help me on this ?

Ans: Encyclopedically, the automotive assiduity is passing through a paradigm shift. The once century has been the period of the internal combustion machine( ICE) primarily on account of the ease of use, vacuity, and low cost of fossil energies. The shift to electric mobility has come necessary on account of the fast reduction of fossil energies, rapid-fire increase in energy costs, impact of transportation on the terrain, and enterprises over climatic change.
EVs are gaining fashionability in the business. Hence, OEMs are obliged to insure the safety of the public. With the increase in the use of Electric scooters and electric buses , it'll need ease of use for consumers. Robust testing and instruments can help to meet both the below-mentioned objects. Some of the other reasons for standardization are Social demand, minimal safety conditions, Performance demand, Quality during the product life cycle, Technological advancement, Access to global requests Standardization is governed by colorful government agencies.
CMVR is a specialized standard commission, AISC is the Automotive Indian Standard Committee, Standing Committee on Emission Legislation- SCOE, and Bureau of Indian norms-BIS. Testing of colorful factors in an electric vehicle must be done for its part in the operation, trustability, continuity, safety, effectiveness, etc. CMVR has blessing testing in the Verification, safety, and performance orders. Type of blessing Testing Under CMVR https//e-vehicleinfo.com/electric-vehicles-in-india-arai-standards-and-regulation/Category and Type of blessing needed For EVs in India? No CMVR instrument is needed for vehicles falling specification with 250W( 30 twinkles power of motor) of a maximum speed of 25 kmph. still, similar vehicles need to misbehave with the following effects White mirrors on the frontal side Red mirrors on the hinder side thickets A vehicle without a battery must weigh below 60 kg.
Government Regulation Framework for Electric Vehicles Some of the global regulations are rolled out by SAE, AIS by CMVR, and UN ECE Regulations R100 R101 R85 for electric vehicles. AIS norms are for electric vehicles in India, Some of the regulations are AIS038, 039, 040, 041, 048, and 049. AIS038 demand for construction and functional safety AIS039 dimension of electrical energy consumption( Wh/ km). AIS040 system of measuring the range. AIS041 dimension of net power and maximum 30 min power. AIS049 CMVR type blessing for EV. AIS048 Safety conditions for traction batteries. Hybrid Electric Vehicle order vehicles have to misbehave with AIS102 Part 1 and Part 2. Antique- fitment is another business model in the electric vehicle sphere. The old vehicles with internal combustion machines which are being attached with the electric tackle have to follow AIS123 Part 1, Part 2, and Part 3. AIS138 Part1, Part2/ IS 17017 standard applies for charging structure. AIS131 type- blessing procedure for electric and cold-blooded electric vehicles introduced in the request for airman/ demonstration systems intended for a government scheme. For L Category Vehicles, AIS156( in line with UN R136) covers the following points Vibration test Thermal shock and cycling test Mechanical drop test for removable REESS Mechanical shock Fire resistance External shock circuit protection Overcharge protection Over-discharge protection Over-temperature protection.
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Then doctor asked her why she stopped and what I said, my wife said that he is asking for female staff and doctor said “I am a doctor and I am not having female staff and there is nothing male and female in doctor’s consultation” my wife got convinced and told me that we are continuing with this doctor and I also shaked my head as consent sign but not aware with the upcoming surprise and then she open her upper body part and doctor did the check up by pressing or whatever doctor does. And I was not ready for this So, I am still in trauma due to this, but I don’t want her to show her body to any male doctor. That picture comes again and again in my eyes. I don’t want to break my relation with wife, because we married 20 years before and we have 2 daughter and I love her too much. But she has disobeyed me and obeyed that doctor. I am in a trauma. What should I do to come out of this trauma. Please let me know.
Ans: To address your trauma, start by having an open and honest conversation with your wife about your feelings. Express your emotions calmly, without blame, so she can understand the depth of your discomfort and help you work through it. It's also crucial to recognize that trust and mutual respect are fundamental in any relationship. Your wife’s decision was likely driven by her need for medical care, not a desire to hurt or disobey you.

Consider seeking professional help for yourself. A therapist or counselor can provide a safe space for you to explore these feelings, work through the trauma, and develop strategies to cope with intrusive thoughts. They can also help you understand the importance of medical privacy and the necessity of certain procedures, which may ease your discomfort over time.

Additionally, you might want to explore couples counseling. This can help both of you navigate this situation together, rebuild trust, and strengthen your relationship. Remember, your goal is to maintain a loving and supportive partnership, and professional guidance can be instrumental in achieving that.

Your love for your wife and your desire to keep the relationship strong is evident. By addressing these feelings head-on and seeking support, you can move towards healing and maintaining the bond you cherish.

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Ramalingam

Ramalingam Kalirajan  |7548 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 17, 2025

Asked by Anonymous - Jan 17, 2025Hindi
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Money
I'm 35 years old. I want to invest INR 65000 for retirement at 50 years old. My current expenses 65000 per month. Please guide me.
Ans: Retiring at 50 with your current lifestyle requires a carefully crafted investment strategy. Here’s a detailed guide tailored to your goal.

Step 1: Define Retirement Corpus Requirement
Current Monthly Expenses: Rs. 65,000.
Inflation Adjustment: At 6% inflation, your expenses will increase significantly by 50.
Retirement Corpus: The corpus must sustain you for at least 30+ years post-retirement.
Lifestyle Goals: Include travel, medical emergencies, and aspirational expenses in calculations.
Step 2: Asset Allocation Strategy
A balanced mix of equity and debt instruments can help grow your wealth steadily while minimizing risks.

1. Equity Mutual Funds (70% Allocation)
Why Equity? High growth potential to beat inflation over the long term.
Recommended Categories: Flexi-cap, mid-cap, and large-cap funds.
SIP/Investable Amount: Invest Rs. 45,500 monthly in equity mutual funds.
2. Debt Instruments (30% Allocation)
Why Debt? Stability and regular income during volatile markets.
Recommended Options: PPF, short-term debt mutual funds, or NPS (Tier I).
SIP/Investable Amount: Allocate Rs. 19,500 monthly.
Step 3: Include Inflation Protection
Inflation reduces the value of money significantly over time.
Your retirement corpus should grow faster than the inflation rate.
Equity exposure helps overcome inflation impacts effectively.
Step 4: Ensure Tax Efficiency
1. Equity Mutual Funds
Tax Rules: Long-term capital gains (LTCG) above Rs. 1.25 lakh taxed at 12.5%.
Action Plan: Use annual redemption to manage gains below taxable limits.
2. PPF and NPS
Tax Benefits: Both offer tax-saving benefits under Section 80C.
Lock-in Period: Ensure alignment with your retirement timeline.
Step 5: Emergency Fund Creation
Build an emergency fund equivalent to 12 months’ expenses (Rs. 7.8 lakh).
Park it in liquid funds or a high-yield savings account for quick access.
Step 6: Health and Risk Coverage
Health Insurance: Ensure adequate coverage to avoid depleting investments during medical emergencies.
Life Insurance: Use a term plan to secure your dependents until you achieve your retirement goal.
Step 7: Regular Portfolio Reviews
Review your portfolio every six months.
Rebalance based on performance, changing goals, and market conditions.
Seek advice from a Certified Financial Planner for optimized asset allocation.
Step 8: Additional Recommendations
Avoid Real Estate: Illiquid and high transaction costs make it unsuitable for your timeline.
Avoid Direct Investments: Opt for regular plans via mutual fund distributors guided by a CFP.
Diversify Investments: Explore international mutual funds for added growth.
Step 9: Incremental Contributions
Increase your SIP amount annually by 10-15% to align with income growth.
This ensures your corpus grows significantly over time.
Finally
Achieving financial independence by 50 is ambitious but achievable. Consistency in investments, inflation-adjusted growth, and regular reviews are critical. Focus on disciplined execution of the outlined plan for a secure and fulfilling retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

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