Auto Component Business Investment Opportunities in Karnataka

- Leading automotive components manufacturer, specializing in the production of springs, wire forms, press components, and multi-slide components, catering to automakers and other industries for vehicle parts and assemblies, and electrical companies. - 20% of the sales are through export, while the rest is domestic. - The company is strategically located in Bangalore and operates from leased facilities covering 22,5000 sq ft in a prime area. - With a workforce of 70 well-trained and experienced employees, the business owner is seeking investors due to health and succession planning and is willing to support the new owner for the next 3 to 5 years. - Has modern machinery, with the majority of the machines being less than a year old, and has excellent in-house tool room facilities. - Additionally, the company owns two acres of vacant land in a prime industrial area, has a well-established supplier network, and a solid customer base, including MNC customers who have been with the company for over 30 years. - The business has a specialization in spring manufacturing, stamped/formed/multi-slide parts, with 50 active clients, primarily within India, and a few export orders. Clients are mainly automotive companies. - Top clients include Bosch Ltd, TVS motor company, TAFE, C & S Electric, and ABB India. - With an average of 100 orders per year, the company currently has orders in hand worth INR 25 crores.

- We are manufacturers of wiring connectors & terminals for the automotive & aerospace sectors. - 47+ business customers which includes leading OEMs (Domestic and International), Tier1 customers etc. - Promoters have 14+ years of experience in the industry. - The key employees have 25+ years of experience in multinational companies. - The company has received multiple recognition and awards from the state govt and central govt. - Awards include the Ministry Of Electronics and Information Technology award in 2021 and the Department of Information Technology award in 2022. - We witnessed a high growth rate this year due to new clients in the public and private sectors primarily from the automotive space.

- We are an industrial and automobile supply chain company engaged in the distribution of products. - Currently, we have a product portfolio of 10 products like industrial spares, consumables, and automobile lubricants. - Have tie-ups with 5-10 manufacturers for each product. - We supply the products to 350 retailers in Bangalore. - Our revenue has grown this year as we started distributing the products to more retailers. - The company aims to achieve INR 10.44 crore turnover by the end of 2 years and expand its network across Karnataka in 4 years.

A. Business differentiator to date. 1. We are the world's 1st designers of two-wheeler kid safety belts. 2. We are also the leading No 1 Online Brand in India. 3. We have a utility patent granted. 4. We manufacture our own products. B. 3 years business plan to get to 5x growth. In this FY - Our turnover is around INR 2 to INR 2.5 cr and we are planning to hit INR 3 cr by the end of this year. In the next FY - 2x growth. In the next 2 FY - 5x growth. INR 100cr business potential (10x -20x growth) - Ministry of Road & Transport has passed a gazette notification to make this mandatory, so this can happen anytime. The foundation is set and the time to scale is now.