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Sales Forecast

The following sales forecast is considered to be an estimate based on the responses from the companies. Additional sales can be anticipated with increased market penetration and product recognition.

  Unit Sales Average Unit
Selling Price ($US)
Total Sales ($US)
Year 1 7,000 $70 $490,000
Year 2 17,000 $70 1,190,000
Year 3 42,000 $70 2,940,000

Note: Year 1 will commence approximately 5 months after financing has been arranged, and Year 3 sales will represent approximately 30% of the estimated total market

The sales over the first year will be divided approximately as follows:

30% to North India
60% to South India
10% to the East and West India

Division of sales over the second and third years will be approximately:

35% to North India
45% to South India
20% to East and West India

The above estimate of sales are considered to be extremely conservative in view of the wide range of applications, the unique operating features and the low selling price of the product.

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