Newly Established Machine Tools Company Seeking Loan in Vadodara, India
- Newly incorporated company located in Vadodara.
- We plan to manufacture industrial cutting tools such as solid carbide drill, step drills, PCD reamers, CBN grooving blades.
- We would manufacture 30 different types of tools.
- Our business will mainly cater to automotive sector.
- Some of the companies we are in talks with are Hero, Bajaj, Tata Motors, Mahindra & Mahindra.
- It would take around 5 months to start operations upon receiving investment.
- Our plant will have the capacity to do INR 90 lakh per month in sales with 20% profit.
- Physical assets include land.
Solid carbide drill, step drills, PCD reamers, inserted drills, spot facing cutters, CBN grooving blade, threading tools and other special tools.
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with this business