Bicycle Manufacturing Business Investment Opportunity in Chennai, India
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Bicycle Manufacturing |
Locations | Chennai |
Local Time | 7:56 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Firm is planning to start manufacturing an innovative product and intends to start.
- Filed a patent for the product 3 years back and received an examination report 2 months back.
- Promoter intends to set-up a manufacturing unit and the entire business is at a prototype stage.
- The product is at a prototype stage and details of upgrading it will be shared with the investor.
- Product is a non toppling multi-seater bicycle and is a two-wheeler with self-balancing design. It has 4 seats with 2 riders.
- The form of the bicycle is such that the cycle does not fall without the stand and while riding. It is an eco-friendly product.
-It can be manufactured at INR 20,000 per piece and the expected selling price would be INR 55,000.
- Machinery such as welding, molding, joinery, and bar bending machines will be required.
- Promoter intends to market the product via advertisements in newspapers, and social media marketing.
Eco-friendly bicycles, Minimum viable product - future multi-seater bike, Concept creation, and consultancy.
Home-based office. Planning to set up a factory.
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Earlier than 15 daysDirector, Heat Treatment Processors, Chennai, Individual Investor / Buyer connected with the Business