Listing Details : LB-14737

Investment Required 55 Lacs
Turnover 2.2 Crs
Legal Entity Partnership-LLP
Category Used Machinery & Scrap
Sub Category Scrap Recycling
Business Listed By Business Broker

Overview

Automotive control cables are an important product used in all types of vehicles in the world and in India. Eg:- clutch cable, brake cable, accelerator cable etc. These types of cables are made of three materials namely plastic tube, spring type iron and soft sleeve plastic. There are more than twenty thousand two-wheeler workshops in Kerala. More than 15000 three wheeler workshops. There are also more than twenty thousand four-wheeler workshops, so we buy such scrap cables from the market at a low price, then process them in our company and separate them into iron and plastic and sell them to companies. We have a production capacity of 3000 kg per day. It takes three to six months to complete all the procedures before starting commercial production. This is a great opportunity for investors in a profitable project.

Year of Commencement

2024

No. of Team Members

N.A

Current Stage of Startup

Pre-Startup

Business Relocatable

Yes

Purpose of Investment

Working Capital

Investor Role

Active

Previous Investment Infused

N.A

Investment Required As

Angel Investment

Proposed Deal Structure

The total investment of this project is Rs 70 lakhs out of which Rs 15 lakhs is investment from my side (project owner).The remaining Rs 55 lakh is sought as investment.It is a profitable and promising project.

Summarize your Idea/Business

This project is to sell automotive control cables at low cost from scrap markets using latest technology machinery to separate plastic and iron from it. It is a profitable project.

Key Highlights

Eg:- clutch cable, brake cable, accelerator cable etc...These types of cables are made of three materials i.e. plastic tube, spring type iron and soft sleeve plastic, this project separates the iron and soft sleeve plastic contained in them.

Future Potential

There are over twenty thousand two wheeler workshops In Kerala , over 10000 three wheeler workshops and over 15000 four wheeler workshops in Kerala, and these materials reach the scrap markets from these workshops. As these cables have a soft plastic sheet over them, it is a product that is not in demand in the scrap market. So we get such scrap cables from the market at a low price and then process them in our company and separate the iron and plastic and sell them to the companies.

Team Overview

We have 7 years of experience in the scrap sector,The total investment of this project is Rs 70 lakhs out of which Rs 15 lakhs is investment from my side.The remaining Rs 55 lakh is sought as investment

Competition / Market

This is a project with less competition in the market

Financial Details

Listing Details : LB-14737

Investment Required 55 Lacs
Turnover 2.2 Crs
Legal Entity Partnership-LLP
Category Used Machinery & Scrap
Sub Category Scrap Recycling
Business Listed By Business Broker

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