Automobile Manufacturing Business Investment Opportunity in Gujarat, India
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 120 thousand |
Run Rate Sales | USD 600 thousand |
EBITDA Margin | 10 % |
Industries | Automobile Manufacturing |
Locations | Gujarat |
Local Time | 8:40 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
Petrol, CNG and Diesel variant three-wheeler manufacturing company looking for financial investment.
We have a 3-wheeler auto component manufacturing unit in Palanpur, Gujarat with facilities for body and chassis. We export to 8 three-wheeler manufacturing units in African countries and Bangladesh. Now we want to enter manufacturing of complete three wheelers. We did R&D and developed 80 vehicles similar to Bajaj but at lower cost and already sold 20 in Bhangladesh and 20 in Nigeria. Each vehicle price is around Rs.1 Lakh with Rs.10,000 profit. We have capacity to manufacture 300 vehicles per month and expected annual turnover is around Rs.12-13 Crores. We have huge orders from Nigeria, Egypt, Sudan, Bangladesh. Invested Rs.90 Lakhs on needed machinery, tools, lathe machine. Property is currently rented, but government has sanction land at subsidized price.
Three-wheeler Automobile and Components
Rented property currently. Govt has sanction 4 Lakh sq. ft. land in the same area for Rs.115/sq. ft. (market price of Rs.400/sq. ft.)
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Earlier than 15 daysDirector, Auto Components, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Steel Products And Auto Components, Mumbai, Individual Investor / Buyer connected with the Business