Automobile Manufacturing Business Investment Opportunities in Pune

1. The business is a manufacturer of electric 3-wheelers based out of Pune. 2. The business has 10 employees and has been registered for 2 years, with production commencing just last month. 3. In the first month of production, the business manufactured and sold 10 electric 3-wheelers, generating revenue of INR 25 lakh. 4. The company has current tie-ups with 3 dealers and is expecting to expand this to 6 by the end of the month, indicating potential growth in the distribution network. 5. The business sources 90% of its components from suppliers, while the remaining 10% is manufactured in-house, showcasing a combination of in-house production and external sourcing. 6. The company holds all the necessary licenses and certifications. 7. The promoter possesses a PhD in metallurgy and extensive experience in the manufacturing industry, indicating a strong technical and industry background. 8. With the business still in its initial stages of growth, it presents significant potential for further expansion and development within the electric 3-wheeler market.

Company has been working in the automotive sector for the last 5 years with a considerable contribution to automotive education, consulting, and customized vehicle development. - 400+ vehicles are running on the road successfully without any breakdowns. - Has a presence in the 4 states of India with 3 distributors and respective dealer networks. - Trusted branded amongst Intra-city logistic companies in India for their quality products as well as after-sales services. - Our clients include food production and distribution companies, FMCG companies, and logistic giants like VRL logistics, Patanjali, Nanded City Pune, Hitachi ATM, LKD, Dhyas India, Army Cantonments, Navy Dockyard, Air force stations, and other defense departments. - We have recently developed one project with IIT Bombay for MoPR (Ministry of Panchayat Raj). The project is for the Indian rural economy development and employment generation through the Smart E Vending Cart. - We have recently developed projects for the Defence Sector. - Our sales have increased since we have partnered with more distributors.