Newly Established Construction Machinery Business Seeking Loan in Coimbatore, India
Upcoming wall plaster machine manufacturer in Coimbatore seeking investment to localize production and scale operations.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Construction Machinery |
| Locations | Coimbatore |
| Local Time | 9:56 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
56 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 5,000,000)
Reason: Seeking funds to finish the final stage of production of the pump.
Promotor has other businesses wh...
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Collateral Available: USD 0
Name, Phone, Email
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Business Name
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Business Overview
- Developing a wall plastering machine aimed at reducing manual labor for construction contractors.
- Prototype has been tested with local contractors and received positive feedback on efficiency and application quality.
- Machines are currently imported from China; the promoter aims to localize manufacturing in Coimbatore to reduce cost and dependency.
- Target selling price per unit is INR 7.5 lakhs, positioned competitively in the Indian market.
- Initial training and operational guidance will be provided to buyers to ensure adoption.
- Opportunity to tap into India’s growing demand for construction automation tools.
- Prototype has been tested with local contractors and received positive feedback on efficiency and application quality.
- Machines are currently imported from China; the promoter aims to localize manufacturing in Coimbatore to reduce cost and dependency.
- Target selling price per unit is INR 7.5 lakhs, positioned competitively in the Indian market.
- Initial training and operational guidance will be provided to buyers to ensure adoption.
- Opportunity to tap into India’s growing demand for construction automation tools.
Products & Services Overview
Wall plastering machines are designed for building contractors, especially those engaged in high-volume residential and commercial projects.
Assets Overview
The business currently does not own any tangible assets.
Facilities Overview
The factory will be set-up on a rented premise in Coimbatore.
Capitalization Overview
The upcoming project is owned by a sole owner. There are no debts in the business.
Tags:
Newly Established Construction Machinery Business Seeking Loan in Coimbatore, India
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