Welding Equipment Company Investment Opportunity in Muzaffarpur, India

- The company plans to manufacture welding electrodes, catering to various industries such as oil and gas, construction, automotive, shipbuilding, aerospace, and defence.
- Welding electrodes are crucial in creating leak-proof seals and joining pipes in pipelines for oil and gas sectors. They also repair and fabricate equipment like tanks, boilers, and heat exchangers.
- The company also intends to manufacture iron nails, widely used in construction, carpentry, and material fastening.
- Iron nails serve construction purposes and are essential in carpentry to secure wood and other materials.
- These nails are also used in fastening wood and metal surfaces together and can even be applied for decorative purposes.
- Iron nails have historical significance, having been discovered in archaeological sites, with evidence dating back to the late first and second millennia AD.
- The industry is well-established and prepared to produce at scale, with the company's promoters possessing over 15 years of experience in the field.
- Required legal certifications, such as CIN and GST licenses, are already in place.
- The company's manufacturing capacity will be 3 tonnes per day, based on a 10-hour shift.
- The focus is primarily B2B, targeting construction companies and large clients such as ONGC.
- Operations are set to commence once adequate funding is secured.