Shoe Manufacturing Unit Seeking Funds

Joint Ventures

Manufacturing

28-11-2024

Listing Details : LB-15344

Investment Required	1 Crs
Turnover	N.A
Legal Entity	Proprietorship
Category	Manufacturing
Sub Category	Leather
Business Listed By	Business Owner

Contact Information

Overview

We are a Visakhapatnam-based shoe manufacturing unit established in 2023, operating from a 1,000 sq. m. facility with a monthly rent of ₹56,000. As the first complete shoe manufacturing industry in the region with the latest technology, we are proud to be NSIC-certified. Our current single-shift production capacity is 1,750 pairs of shoes daily, totaling 5.25 lakh pairs annually. With the potential to triple production, we can reach a maximum capacity of 15.75 lakh pairs per year, achieving a potential turnover of ₹30 crore annually. We specialize in manufacturing school and safety shoes, ensuring quality and durability. Due to an increasing number of project requests, we are seeking funding to scale our operations. This investment will enable us to enhance production, meet growing demand, and unlock our full manufacturing potential, contributing to the footwear industry's growth in the region. A new production facility measuring 1 Acre is planned and work would begin in Jan 2025

Year of Establishment

2023

No. of Employees

N.A

Current Status of Business

Running

Business Relocatable

Yes

Purpose of Joint Venture

N.A

Role of New Partner

N.A

Property Type

Leased

Rental per Month

56 Thousand

Proposed Deal Structure

N.A

Competition / Market

Yes we have some competition

Products & Services

As the first complete shoe manufacturing industry in the region with the latest technology, we are proud to be NSIC-certified. Our current single-shift production capacity is 1,750 pairs of shoes daily, totaling 5.25 lakh pairs annually.