Vehicle Tracking System

VEHICLE TRACKING SYSTEM

A Business Plansubmitted in partial fulfillment of

the requirements for theDegree of Bachelor of Technology

Under Biju Pattnaik University of Technology

By

S LAXMINARAYANA 0701227161SATYASIVA PATRA 0701227171P SWADHIN KUMAR PATRO 0701227264

Under the guidance

Dr. Partha S. Mallick

ABSTRACT

Vehicle tracking system or Vehicle positioning system is a new technology which

provides a new dimension in the field of vehicle security and traffic control and also

ensures greater safety to the automobile customers. In this system a digital code will

be provided to the users and this digital code through the installed tracking system

hardware, will be directly accessed by the satellite to get the details of the vehicle’s

position to the main enquiring office. It is also needed to install a number of radio

base station (known as Access points). These access points will provide fast network

response time. Each of these Access points are provided with a unique code. When a

vehicle code is processed, the vehicle code will be sent to the nearest Access point

that will confirm its location in its surrounding by accessing the signal through the

satellite sent by the vehicle. Also GPS system can also be installed to the premium

users (with some extra cost). Here in this project the brief concept of implementing

this new technology in Indian automobile market has been discussed.

2

Entrepreneurship Project

ACKNOWLEDGEMENT

We express our deep sense of gratitude to, Dr. Partha S. Mallick, Project Advisor,

for his valuable guidance and constant unfailing encouragement for completing this

project.

We are also grateful to our friends for tirelessly and patiently pursuing us to finish this

report without whose help completion of the project report was the next thing to

impossible.

Last, but not the least, We give our sincere thanks to Mr. B. Balaram, for giving us

the opportunity and creating a nice work environment for us to complete our Business

Plan report within the stipulated period of time.

Finally, I would like to thank Mr. Sangram Mudali for providing us proper environment for the completion of the report.

Shyamalendu Bag

Kirti Ranjan Parida

Abhay Kumar Singh

21.03.2007


TABLE OF CONTENTS

ABSTRACT...................................................................................................................0

ACKNOWLEDGEMENT.............................................................................................1

TABLE OF CONTENTS...............................................................................................2

1. GENERAL INFORMATION....................................................................................3

2. DETAILS OF THE PROPOSED PROJECT.............................................................6

2.1. Land and Building:.........................................................................................62.2. Machineries / Equipments:.............................................................................62.3. Miscellaneous Fixed Assets:...............................................................................72.4. Preliminary and Pre Operative Expenses :..........................................................72.5 Working Capital :.................................................................................................7

3. MARKET POTENTIAL............................................................................................8

3.1. Present Demand and Supply of the Product Competition:..................................83.2 Target Clients:......................................................................................................83.3 Marketing Strategy:..............................................................................................8

4. MANUFACTURING PROCESS..............................................................................9

4.1 Technical Know How Availability:.....................................................................94.2 Step by Step Description:.....................................................................................9

5. PRODUCTION SCHEDULE..................................................................................10

5.1 Number of Working Days per Annum:........................................................105.2 Number of Working Shifts:..........................................................................10

5.2.1 Sales Revenue:..........................................................................................105.2.2 Utilities:.....................................................................................................105.2.3 Salaries/Wages:.......................................................................................115.2.4 Repairs and Maintance :............................................................................115.2.5 Selling and Distribution Expenses:...........................................................115.2.6 Administrative Expenses:..........................................................................115.2.7.Interest:........................................................................................................125.2.8.Depreciation:...............................................................................................125.2.9Misc. Expenses:............................................................................................125.2.10. Rent:.........................................................................................................125.2.11. Total Cost of the Project:.........................................................................125.2.12. Means of Finance:....................................................................................13

6. PROFIBILTY PROJECTIONS...............................................................................14


1. GENERAL INFORMATION

Name of the Entreprenuers :

Shyamalendu Bag,

Kirti Ranjan Parida,

Abhay Kumar Singh.

Proposed Project :

Vehicle tracking system.

Major Product / Services :

Vehicle security and GPS facality.

Proposed Locations :

Orissa/ Jharkhand /West Bengal / Andhra Pradesh

Type of Organization :

Vehicle security provider.


ENTREPRENUER PROFILE :

1. Name : Shyamalendu Bag

Educational Qualification: Bachelor of Technology

Technical Skills: C, C++, Oracle.

2. Name: Kirti Ranjan Parida


Technical Skills: C, C++, Java, Networking.

3. Name : Abhay Kumar Singh


Technical Skills: Communication system engg., Networking.

TYPE OF THE PRODUCT / SERVICES:

1. Type of the Project :

To provide vehicle security to the customers and

enabling GPS facility on Indian road.

2. Product / Services Description :

It is a vehicle security providing organization. Here we provide

a security system to the vehicle owners which will track their

vehicle’s position in case of stolen. Also GPS service can be

provided on extra charge helping them in navigating in an

unknown city or town.

3. Major Consumers :

Private vehicle owners and transport companies.


PROMOTERS:

1. Major Promoter of our project will be the major vehicle manufacturing

organizations.

2. Capital from reliable and Supportive Capital Ventures.

3. Mr. A.K. Singh, Designing section, TATA motors, Pune.


2. DETAILS OF THE PROPOSED PROJECT

This new technology which provides a new dimension in the field of vehicle security

and traffic control and also ensures greater safety to the automobile customers. It is

facilitated with GPS system as an extra additive facility.

In this project we require an main enquiry office, repeator station and some

networking devices enabling the tracking system.

2.1. Land and Building:

Sr. No. Particular Area Required Total Value(p.a)

Remarks

1. 2.

LandBuilding

NA10000sqFt Rs. 3,60,000 Rental charge

is 30,000 p.m Total: Rs. 3,60,000

2.2. Machineries / Equipments:

Sr. No. Description Nos. Required Rate(Rs.) Total Value(Rs.)

1. Computer 20 30,000 6,00,000

2. Printer 10 6,000 60,000

3. Scanner 5 4,000 20,000

4. Fax 1 5,000 5,000

5. Antenna 10 8,000: 80,000

6. Wire 1000 mts 20/mt 20,000

7. Receivers 10 200 2,000

Total: 7,87,000

2.3. Miscellaneous Fixed Assets:


Sr. No. Description Nos. Required Rate(Rs.) Total Value(Rs.)

1. Furniture T(20),C(20) 1,000 40,000

2. Coffee Maker 1 5,000 5,000

3. A.C. 5 20,000 1,00,000

Total: 1,45,000

2.4. Preliminary and Pre Operative Expenses :

Sr. No. Particulars Amount (Rs.) Remarks1.

2.

3.

Interest during implementationEstablishmentExpensesStart-UpExpenses

50,000

50,000

1,60,000

Misc. expenses Total 2,60,000

2.5 Working Capital :

Sr. No. ITEM Rs.1.2.3.4.

Raw-MaterialSalary/LabourRentInterest on loan

----------20,000/labour/month2,40,000/year4,00,000/year


3. MARKET POTENTIAL

3.1. Present Demand and Supply of the Product Competition:

Nowadays vehicle theft is a major concern to the vehicle owners and transport

companies. This technology will surely provide a great security and relief on their

investments. For new vehicles it can be installed with the manufacturers and for older

ones there will be an farm outlet will provide them the necessary information and

facility

3.2 Target Clients:

Our main target clients are private vehicle owners, transport companies, vehicle

manufacturers and tourism developers.

3.3 Marketing Strategy:

The Marketing Strategy will be advertising the product in the media and by

company’s representatives by visiting various target clients and by making them

aware of the features, application and the type of technology used in product.


4. MANUFACTURING PROCESS

4.1 Technical Know How Availability:

Books related to Radar engineering, signal processing, networking and database

management system.

Different working platforms like Windows, Linux etc .

4.2 Step by Step Description:

1. In this system a digital code will be provided to the users.

2. This digital code through the installed tracking system hardware, will be

directly accessed by the satellite to get the details of the vehicle’s position to

the main enquiring office.

3. It is also needed to install a number of radio base stations (known as Access

points). These access points will provide fast network response time.

4. Each of these Access points are provided with a unique code. When a vehicle

code is processed, the vehicle code will be sent to the nearest Access point that

will confirm its location in its surrounding by accessing the signal through the

satellite sent by the vehicle.

5. Also GPS system can also be installed to the premium users (with some extra

cost.


5. PRODUCTION SCHEDULE

5.1 Number of Working Days per Annum:

The Firm will remain open for all weekdays.

5.2 Number of Working Shifts:

Since it is a security providing service and has to be working 24X7, so there will be

three shifts of working hours. Working hours from 7:00am to 3:00 pm, 3:00 pm to

11:00 pm and 11:00 pm to 7:00am.

5.2.1 Sales Revenue:

Year (2007)

Items Quantity sold/year

Rates per unit (Rs)

Sales realization(Rs)

1. Vehicle tracking hardware

500 20,000 1,00,00,000

Total 1,00,00,000

5.2.2 Utilities:

Sr. No. Particulars Annual Expenditure(Rs) Remarks1.2.3.4.

Power/ElectricityWaterCoal/Oil/StreamAny other item

60,00010,000---------50,000

Total 1,60,000

Entrepreneurship Project5.2.3 Salaries/Wages:

Sr.No.

Particulars No. Wages/Salaries per Month(Rs.)

AnnualExpenses(Rs)

1.2.3.4.5.

SkilledSemi SkilledUnskilledOffice StaffAny Other

151053

20,00013,0003,0005,000

36,00,0001,30,00015,0001,80,000

Total 39,25,000

5.2.4 Repairs and Maintenance:

Sr.No.

Particulars Amount(Rs)

1. Hardware maintenance 10,0002. Computer and Electronic goods 20,000

Total 30,000

5.2.5 Selling and Distribution Expenses:

Sr.No

Particulars Amount(Rs) Remarks

1.2.3.

Publicity ExpensesTravelingFreight

Total

1,00,000 50,000 10,000

1,60,000

5.2.6 Administrative Expenses:

Sr.No

Particulars Amount(Rs) Remarks

1.2.3.

Stationery & PrintingPost/Telephone/TelegramsAdvertising Expenses

Total

20,00050,00030,000

1,00,000

Entrepreneurship Project5.2.7.Interest:

Year OutstandingLoan Amount (Rs)

Interest Installment(Rs) Balance(Rs)

1 40,00,000 4,00,000 5,00,000 44,00,000

5.2.8.Depreciation:

Sr.No.

Type of Asset Cost of Asset Expected Life Depreciation

1. Computer 30,000 1 yrs 3,0002. Assets 50,000 1 yrs 10,000

Total 13,000

5.2.9Misc. Expenses:

Sr.No.

Description Cost

1. Furniture 40,0002. Coffee Maker 5,0003. A.C. 1,00,000

Total 1,45,000

5.2.10. Rent:

Sr.No.

Item Rs.

1.2.3.4.

BuildingElectricityWaterPhone

3,60,00060,00010,00050,000

Total 4,80,000

5.2.11. Total Cost of the Project:

Sr. No. Particulars Total Value(Rs.)1.

2.

3.

Fixed Capital(Total of item No.2.1,2.2,2.3)Working Capital margin(Total of item No. 2.5)Preliminary & Pre-operativeExpenses(Total of item No. 2.4)

12,92,000

8,80,000

2,60,000

Total 24,32,000


5.2.12. Means of Finance:

Sr. No. Particulars Amount(Rs.)

Remarks

1.2.

Own InvestmentWorking Capital Loan

12,00,00013,00,000

Total: 25,00,000


6. PROFIBILTY PROJECTIONS

Sr. No. Particulars Amount (Rs.)A.

B.

i)ii)iii)iv)v)

vi)vii)viii)ix)x)

C.D.E.

Sale Realization

Cost of Manufacturing/ServicingMachinesUtilitiesSalaries/WagesRepairs & MaintenanceSelling & DistributionExpensesAdministrative ExpensesInterestRentDepreciationMisc. Expenses

Total

Gross Profit/Loss(A-B) Income-taxNet Profit/Loss

1,00,00,000

7,87,000 1,60,000 39,25,000 30,000 1,60,000

1,00,000 4,00,000 4,80,000 13,000 1,45,000

62,00,000

38,00,000 12,54,000 25,46,000

Documents

Vehicle Tracking System