Business Investment Opportunities in Vapi

Located in Vapi, this electric vehicle manufacturer has been operational for 7 years, focusing on electric scooters and bikes tailored for students and commuters. - The company specializes in both non-RTO and RTO electric scooters, addressing the needs of office commuters and families. - Aiming to boost production capability to 30,000 electric vehicles annually, with future plans to achieve a valuation of INR 600 crore and secure central government approvals. - Current production of electric vehicles stands at 50 units per month with a maximum capacity of 200-400 units, constrained due to funding shortages. - Parts for the electric scooters are imported from China, underscoring the potential for cost optimization and supply chain improvements. - Despite a recent slump in sales due to cash constraints, the company is poised for growth upon securing additional investments. - Holds necessary MSME and GST certifications, facilitating smooth operational and fiscal compliance. - The business is strategically positioned to tap into the burgeoning electric scooter market in India, focusing on eco-friendly transportation solutions. - The company is registered in Udwada, Gujarat.

India is the largest manufacturer of agarbatti (incense sticks) in the world. The Indian agarbatti market size is approximately INR 12,000 crores, with exports worth around INR 2,000 crores to over 125 countries. However, the basic raw material required for making agarbatti—wood powder (special quality) —is mostly imported. Indian importers and buyers currently import 90% of the required wood powder from Vietnam and China. We have over 7 years of experience in manufacturing wood powder in India. During these years, we have visited multiple states and held discussions with end users of import-quality wood powder to understand their quality requirements. Based on these insights, we revisited states in India where high-quality raw materials (wood waste) are available to manufacture import-quality wood powder domestically. We also conducted a six-month pilot project for producing import-quality wood powder in India, which was highly successful. Our product was well appreciated by buyers. Now, we are looking to scale up and manufacture large quantities of import-quality wood powder in India. This is why we are seeking new investment. Indian importers currently bring in 7,500 to 9,000 metric tons of wood powder every month from China and Vietnam. As a local Indian manufacturer, we can potentially capture up to 90% of this market. We already have buyers in every region of India—North to South, East to West—and are in contact with over 30 buyers whose combined buying capacity exceeds 1,000 tons per month. Additionally, the payment terms in this market are typically against delivery, which is another major advantage of this business.

Our business is engaged in the manufacturing of fire extinguishers, and fire protection products. We are also engaged in the installation and fabrication of the products. - We are doing business with many MNCs like TATA, Reliance, and many textile companies. - As well as supplying to wholesalers and retailers. We have 200+ clients for our products. - We have a production capacity of 10,000 cylinders per month out of which 5,000 cylinders are sold to wholesalers and retailers. - Source the raw material that is steel sheets from 2 suppliers. - Till date, we have completed 350 projects for companies. - The business does not have any outstanding loans or overdue. - The business has a sole owner.

Manufacture and install small and medium-sized amusement games and rides. - Most of the indoor and electronics games are sourced from all over the world. - The medium size rides are fabricated in-house. - We also undertake turnkey projects where we plan the amusement zone layout and install the amusement rides. - Our products today have been installed at over 4,000+ locations in India. - We also have 350+ products on display at our facility. - The business employs 10 contract employees in addition to 20 permanent employees. - Due to the impact of the pandemic our revenue has dropped. - However, our margins remain intact and the business is debt-free.