- Legal Entity : Private Limited
- Re-locatable : No
- Employees : 170
- Current Status of Business : Running Profitable
The company manufactures plastic (PP/HDPE)woven bags starting with PP granules as raw material. Process involves tape manufacturing,weaving into circular/tubelar fabric,auto roll printing,cutting,stitching and baling.The Capacity of the plant is 4000mt/annum. Two units almost adjacent to each other, one of which is having central excise exemption. The Unit is undergoing massive expansion and the capacity would reach 6000 MT pa.
Products & Services
The company manufactures plastic (PP/HDPE)woven bags starting with PP granules as raw material.
Competition / Market
Like most other businesses there is a competition in this business too.We have faced it for 25 years and are growing. Expansion and modernization will improve its competitiveness.Has been a supplier to ACC for cement bags for almost 20 years. Ambuja cement and RIL are other reputed customers. Cement companies in J&K are our customers and a high revenue source and logistically we are the best placed for this.
The company plans to soon enter into powder milk as well as BOPP reverse laminated bags for which most manufacturing equipment is already available.Offers good growth potential along with cement bags, which is our mainstay market.
Reason for Sale
Promoter, a highly qualified engineer wishes to retire due to age and health reasons. No succession available as children are settled in USA
- Property Type: Owned
- Property Described
Unit 1 : High Roof factory sheds with AC sheets : 20,500 sq. ft. With low height AC sheets roof (for finishing section) : 6,000 sq. ft. RCC Building : 9,400 sq. ft. Total : 35,900 sq. ft. Unit 2 : High Roof factory sheds with coated GI sheets : 16,500 sq. ft. RCC Building : 8,500 sq. ft. Total : 25,000 sq. ft.
- Land area: 4000 sq yard
- Built-Up Area: 3720 sq m
- Land area: 3160 sq yard
- Built-Up Area: 2940 sq m
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