Household Product Business Investment Opportunities in Maharashtra

- Our firm is the amongst the very first company to introduce this concept in India. - We would be sales agent of a UK based company who have developed this patented self heating lunch bag. - The bag has padded material which heats up the food through the exothermic process. - We plan to sell these bags via local retailers and eCommerce website like Flipkart and others. - These bags are suitable for travelling, picnics and related activities.

- We deal in the manufacturing of plastic cleaning products such as spin mops, brooms, microfiber mop refills and spin mop handles set etc. - Our company has a network of 200+ wholesalers pan India. - We can manufacture products worth INR 30-35 lakh on a daily basis. - Pre-Covid, cleaning products were imported from China, with less import duty. - After the pandemic, due to an increase in the import duty, the demand for Chines products reduced. - We successfully captured this opportunity and were able to double our revenue. - The business has two directors with an equal stake in the company. - Company has outstanding liabilities worth INR 2.5 crore.

- Business specializes in trading - pumps, motors, gearmotors, gear box, apparels, hygiene products, non-chemicals (solid water treatment), and agricultural products. - Business was originally started in Raipur but the promoter relocated to Pune a couple of years ago so the business was shifted to Pune. - We purchase pumps, motors, gearmotors, gear box, apparels, hygiene and non-chemical products (solid water treatment) directly from manufacturers in Tirupur and Punjab (T-shirts) Mumbai and Pune (Hygiene). We sell these products to wholesalers, distributors in Pune and anywhere. - We procure spices, vegetables, rice from Pune, Solapur, Nashik and Kolhapur from farmers and sell it to exporters. These products are then exported to Europe, UAE, UK, Australia. - We do not keep stock of the products, we source the required products when we receive orders. - 50-60% of the revenue is from apparels and hygiene products and 40-50% is from spices, vegetables, rice. - Business was started 70 years ago with the sale of electric motors and pumps. Then the business shifted towards trading of apparels, hygiene, non-chemicals (solid water treatment) and groceries. - Before relocating the business to Pune our revenue was in crores but after the relocation, we are developing the business slowly and improving our services. - Sales have dropped as a result of the current pandemic.