Tires and Rubber Products Company Investment Opportunity in Moga, India
|Employees||50 - 100|
|Legal Entity||Private Limited Company|
|Run Rate Sales||Nil|
|Industries||Tires and Rubber Products|
|Local Time||10:07 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Over 20-year old non-operational business in Moga, Punjab.
- We used to produce devulcanized rubber products out of waste tyre scraps.
- We used to purchase waste tyre scraps as raw material from different businesses, crumb the rubber and produce finished industrial product that is used to make rubber products.
- When operational we supplied finished products to rubber companies, tyre companies such as Metro Tyres, Govind Tyre. We also exported our products to Pakistan, Italy and other countries.
- Currently, we are not operational as we had problems with working capital due to bank loans. Since these things are cleared now we would like to restart the business.
- Facility has the capacity to produce 1,000 tons of rubber products per month.
- Once we restart the operations we could generate annual revenue of INR 15 crore.
- Physical assets owned by the business include land, building, machinery, equipment.
We purchase waste tyre scraps as raw material, crumb rubber and produce finished industrial product that is used to make rubber products. Currently, we are not operational as we had problems with working capital due to bank loans.
Owned 1.75-acre property with 70% covered shed area and 30% open area.
Earlier than 15 daysDirector, Agriculture, Madhubani, Corporate Investor / Buyer connected with the Business