Why cars? Why not trucks?
You can buy two, 10 or 12 feet deck, trucks- Master, FAW etc- for that sort of money. They should offer you following advantages over cars:
1. Better monthly rental:
A million rupee truck can fetch you around 60 thousand in monthly rental. That is about twice as much as a million rupee car, eg Cultus.
2. Less to go wrong:
Trucks are tough, and simple- and are run by professional drivers. You can always choose a company wisely to limit the weight and wear on your truck, and you can even offer your own driver, maintenance, or oil changes, etc for the gig, all to keep it fit and tight.
Where as cars are driven by any one and their teenage children, you can never be sure about the kind of speeds and skills a juvenile is trying to achieve on YOUR car. You generally do not have a right to maintain it- and it only falls in your lap, with some rather heavy repair bills in your pocket- when the son of a gun is done with it.
3: Better opportunities:
You can rent your trucks to big companies, these kind of deals do come with links and PRs. You have the machinery, you'd meet the men; it's not far fetched that you could end up starting your own distribution network, while working with a nationwide agency.
Besides, getting to know a couple, or more, of multinational companies- and their working structure- isn't a bad idea for any time's sake.
4: Services and resale:
Service period of a rental car is generally not more than 5 years. Companies tend to get newer car, and the rent for older gets down while insurance depreciation goes up and things generally start to go wrong.
A properly maintained truck should remain in service for twice as much long than a car. Trucks companies do not come up with newer shapes every some odd years, and they do not age quite as fast, their rents do not get any lower, and their insurances do not exist: win win win win!
Resale of an old, beaten up, rental car is... let's not go there. A truck, though, wouldn't lose much money.