Auto Fact !!!
Well, Thought to share some interesting financial figures of Auto rickshaw world in Bangalore, All the below mentioned calculations are rough calculations for the reference.
[Photo source]
Number of Auto rickshaw’s = 80000
Min turnover per auto/per day = Rs.150
Total turnover per day 80000*150 = 12000000
Total turnover per month = 360000000
Total turnover per year =4320000000
Yearly Rs.432 Cr (minimum) is not a bad figure right?
I could not understand the logic behind your post. 432 crore of turnover? so?
I hope you did not mean that auto guys are very rich or the auto industry is raking in the moolah.
If you do a similar number raking on barbers, maids it will also rank right up there in terms of turnover.
But, the amount of money a auto guy makes (a honest one, if they still exist), is not much. After petrol (or kerosene or diesel or whatever they put in their machines), and after auto depreciation, they don’t make a lot. Not even by a long shot. The only people in auto business who make money are people who buy autos in bulk and give it to people on rent.
It would be interesting to know how much share corrupt RTO, Police, Rowdies get….
Mohan!
Rs 150 per day? You’ve got to be kidding!
They would probably make 150 in just 1-3 trips depending on distance.
I am sure the average auto driver in B’lore will be making 1000-1500 per day cos 90% of them have rigged meters and to top that, they invariably ask for 1.5 times the meter or atleast 20-30 bucks extra no matter what the time of day or night it is!
They ask extra even if one is going from a distant place, say Bannerghatta road to the center of the city! Auto drivers are just amazing!
And offlate, the city taxi guys have started following in the footsteps of the auto drivers. They too have started exploiting us.
The only solution to the auto-taxi mafia is to get a good public transport system on par with international cities and throw these guys out of business!
Thats a long shot I guess…sigh!
I think Rs.150 is probably the profits, not turnover. Surely, they should be making more than that.
Let me try to arrive at some numbers. Say a driver works from 9am to 7pm – 10 hours. Surely he would have travelled at lease a 100kms in a day, which puts the income at Rs.600. The fuel cost will come to Re.1 if they are using gas or double for petrol. Let’s put it at Rs.2 per km and the driver goes home with 600-200 = 400 rupees. Definitely you will have some or the other additional expenses, which lets put to another Rs.100. He still gets to take Rs.300. But it gets miserable if the driver is not the owner and he has to pay some rent to the owner.
Anyway what is your source for those figures?
Interesting…How true or not the figures are is another part of the matter. Assuming that the figures are grossly correct, I sincerely wished that some of the money was pumped back into making the rickshaws more people friendly…(if not environment friendly), read… spewing lesser exhaust and noise on to the streets.
Strange that even after converting many autos to LPG consuming ones, the pollution levels have hardly come down. One can only conclude that the reasons for the shift is purely that it works more economically for the auto owners. They really cared a damn about the environment anyways.
Wish we had a clean and efficient Mass Public Transport system.