A Glove Manufacturing Business is up for Sale in Coimbatore
Product / Service
Since 2003, we have been one of the top 10 prime glove manufacturers in India, specializing in the production of surgical gloves and examination gloves. Our production capacity for surgical gloves was at 100,000 pieces per day. In 2017-18, we upgraded our manufacturing facilities by renovating two glove manufacturing lines, utilizing a combination of imported and indigenous machinery to ensure the best quality production of surgical gloves. As a result, our production capacity has increased to close to 400,000 pieces per day for surgical or examination gloves.
Clientele type
Our products have been supplied in accordance with government tenders.
Premises
OWNED
Premise Size: 45000 sq ft
Market Value (in INR): 112,500,000
In order to prepare for future expansion, we acquired an additional 2.45 acres of land adjacent to our existing 3-acre property, bringing our total land holding to 5.45 acres. Furthermore, we have added a 16,000 square foot RCC building and a 20,000 square foot truss work extension to our existing facilities, resulting in a total buildup area of 45,000 square feet. The plant is located at Maddukarai, Tamil Nadu and it's one of the best location naturally suited for Glove Manufacturing with stable temperatures and abundant supply of water.
Asking Price Includes
The complete business setup including land & the machineries.
Reason
For some personal reasons, we are looking to sell this business
Other Details
We are currently operating at maximum efficiency in terms of production and available man-hours. • Country Registration to start export: • Kenya • Mexico We have a fully equipped state of the art lab to check the quality of the latex purchased and the gloves manufactured. Certifications: o ISO - 13485:2016 o CE – 256168-2018-CE-IND-NA-PS o ISI o ISO 9001:2015 o ISO 13485:2016 o US FDA – K190632 • Production: o 3 shift run by 70 workers and 3 supervisors, led by a Production Manager. • Packing: o For inspection, walleting, pouching and carton packing about 180 workers and 20 supervisors are working
Keywords
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Share your ProposalYou may also like
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works