Wires and Cables Businesses Seeking Loan

Plan is to specialize in the manufacturing of housing wire electrical cables, with a focus on single flexible cables (1.5mm sq, 2.5mm sq, and 4.0mm sq) and general-purpose wire (1.5mm sq, 2.5mm sq, 4.0mm sq, 6.0mm sq, and 10.0mm sq) - The company's client base will include hardware shops, hardware distributors/stockists, contractors, and property developers that the promoter has established connections with. - The primary focus is within the core sub-Saharan market. - The business owner, a process engineer with 15 years of experience in the field, is well-versed in the manufacturing process and the industry, providing valuable expertise and insight into the production and distribution of the products. - The growth prospects of the business are closely tied to the construction boom of the economy. - With an established location and an environment assessment already conducted, the business is poised for a rapid 6-8 months establishment timeline once funding is secured. - The owner is based in Zambia, however, the business will be established in Botswana. - With the given funds, we will be able to develop a manufacturing facility with a maximum capacity of 15 tonnes per month.

Our company was established in 2017 and we are into manufacturing of electric wires and cables. - Currently, we have more than 10 clients in New Delhi, Kerala, Gujrat, also in the cities of Maharashtra, Himachal Pradesh. - We have 8 vendors from whom we procure raw materials. - The promoter has 18 years of experience in this industry. - Our monthly manufacturing capacity for aluminium wires is 2.5 crore units and copper wires is 5 crore units. - The business is registered in the promoter's wife's name. - The company has an outstanding debt of INR 1 crore. - Our last year's annual sales were less due to Covid but we are expecting a high growth rate in the current year. - We are also planning to take part in a government tender that will increase the scope of our business.

Our company was established in 2017 and we are into manufacturing of electric wires and cables. - Currently, we have more than 10 clients in New Delhi, Kerala, Gujrat, also in the cities of Maharashtra, Himachal Pradesh. - We have 8 vendors from whom we procure raw materials. - The promoter has 18 years of experience in this industry. - Our monthly manufacturing capacity for aluminium wires is 2.5 crore units and copper wires is 5 crore units. - The business is registered in the promoter's wife's name. - The company has an outstanding debt of INR 1 crore. - Our last year's annual sales were less due to Covid but we are expecting a high growth rate in the current year. - We are also planning to take part in a government tender that will increase the scope of our business.