Automotive Accessories Business Investment Opportunity in Bangalore, India

- Leading automotive components manufacturer, specializing in the production of springs, wire forms, press components, and multi-slide components, catering to automakers and other industries for vehicle parts and assemblies, and electrical companies.
- 20% of the sales are through export, while the rest is domestic.
- The company is strategically located in Bangalore and operates from leased facilities covering 22,5000 sq ft in a prime area.
- With a workforce of 70 well-trained and experienced employees, the business owner is seeking investors due to health and succession planning and is willing to support the new owner for the next 3 to 5 years.
- Has modern machinery, with the majority of the machines being less than a year old, and has excellent in-house tool room facilities.
- Additionally, the company owns two acres of vacant land in a prime industrial area, has a well-established supplier network, and a solid customer base, including MNC customers who have been with the company for over 30 years.
- The business has a specialization in spring manufacturing, stamped/formed/multi-slide parts, with 50 active clients, primarily within India, and a few export orders. Clients are mainly automotive companies.
- Top clients include Bosch Ltd, TVS motor company, TAFE, C & S Electric, and ABB India.
- With an average of 100 orders per year, the company currently has orders in hand worth INR 25 crores.