A Glove Manufacturing Business is up for Sale in Coimbatore

Listing ID: SL014266
Posted By: Owner
Last Active: 2+ months ago
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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

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