Packaging Businesses Seeking Loan in Chennai

- We seek to start a glass processing factory in order to produce products which will be used in buildings, interiors, furniture and other similar applications. - The business is not presently registered. It will be registered once we receive funds. - Promoter has worked with large glass processing companies for the last 10 years in India and GCC. - Presently, promoter works as a factory manager for a glass processing firm in Bahrain but would move to Chennai once the factory is set up. - We have already purchased some machinery, racks and trolleys for setting up the infrastructure. - A property of 1 acre with a 30,000 Sq Ft shed has been identified for our factory which we would take on rent. - In the process of finalizing quotations for machines from China worth INR 2 crore. - Have 3 major clients who are ready to purchase from us once we set up the factory. - Require 2 transformers for our factory and we are in discussion with the electricity board to get approval for the factory. - We plan to have the factory fully set up and operational within 4-5 months of acquisition of funds.

- Provide compact, reusable packing boxes on rent. - Also engaged in sale of these boxes. - Operations began in April 2017. - Target the B2B space as our service helps minimize costs substantially. - Currently have 5 large manufacturing MNCs as clients with whom we have contracts signed. - Promoter has 5 years of relevant experience.