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Installing an LPG injection kit is quite simple, with the possible
exception of placing the tank, and certainly seems to have several
advantages.
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The
LPG conversion kit operates with a close and safety system.
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The
auto LPG Kit can only be fitted by the authorized Retrofitment Centre
which is approved by the Transport Commissioner’s Office(RTO’s).
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The
economic viability, the growing environmental concern and vast
availability of LPG will propel the conversion kit market.
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The
LPG/CNG kit market is highly optimistic that the spiralling fuel price
coupled with the quest for clean energy would translate into more
retrofitting business
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As the
sales of LPG/CNG kits to original equipment manufacturers (OEMs) that
come out with factory-fitted fuel conversion systems grow by about 50
per cent, the much larger after-sales retrofitting market is also
rising.
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The
WagonR Duo comes with factory-fitted LPG kits, which cost Rs 22,000 more
than the petrol variant. The LPG kits are supplied by Minda-Impco. The
company, which supplied around 3,200 LPG kits to Maruti in October,
expects a growth of more than 30% in the kits business.
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Ahmedabad based startup, Lords Automotive has developed a LPG kit for
2-wheelers and is looking for angel investors for their initiative.
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As far
as the market size is concerned, India represents one of the largest
two-wheeler markets in the world, with an estimated size of 5.4 million
units a year and growing approximately @ 12% y-o-y.
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