Machinery Spares Import Biz Raising Funds In Visakhapatnam

About Business

Business Overview
The company was established in April 2007 in Visakhapatnam, Andhra Pradesh, and operates in the industrial products and machinery support segment. Initially operating under a different name, the business was rebranded in 2017, following which it expanded its focus towards importing world-class industrial products and building global trade linkages.

The company specializes in providing end-to-end solutions for heavy machinery, port handling equipment, and industrial operations, leveraging a strong international sourcing network and technical expertise.

Core Business Segments

The company operates across multiple divisions, catering to diverse industrial requirements:

Industrial Lubricants & Equipment
The business supplies specialty industrial lubricants, oils, greases, and lubrication equipment, sourced from reputed global manufacturers. These products are designed to improve machine efficiency, reduce maintenance issues, and enhance operational performance.

Machinery Spares
The company provides genuine and aftermarket spare parts for a wide range of heavy machinery and equipment, along with technical consultancy and end-to-end solutions. It supports equipment from leading international brands across categories such as loaders, excavators, and forklifts.

Material Handling Equipment
The business is involved in the supply and distribution of industrial material handling equipment, including pallet trucks, forklifts, and related machinery. It also facilitates the sale of used machinery through international collaborations.

Business Model

The company operates as a solution provider and distributor of high-quality industrial products, sourcing from international brands and delivering to Indian industrial clients. In addition to product supply, it offers value-added services such as:

Product selection and technical consultation

Problem analysis and customized solutions

Sample analysis and on-site technical support

Training for operational and maintenance teams

Key Strengths

Over 15 years of experience in industrial product marketing

Strong relationships with international brands and manufacturers

Well-established distribution and service network

Experienced and technically qualified team trained by global companies

Strong presence across multiple industrial sectors

Proven ability to build and establish brands in the Indian market

Focus on long-term customer relationships and solution-based approach

Clientele type

The company caters to a wide range of industrial clients across sectors, particularly those involved in:

Heavy machinery operations

Port handling and logistics

Manufacturing and industrial processing

Its strong distributor network and technical expertise enable it to serve clients across various industrial regions efficiently.

Premises

LEASED

Lease per month (in INR): 12.00 K

Security Deposit (in INR): 50.00 K

Carpet Area: 3,500 sq ft

The business operates from a rented premise spanning 3500 sq. ft.

Asking Price Includes

The terms of the transaction will be discussed with the potential investors.

Asking Price

INR 1.00 Cr

Minimum ticket size

INR 50.00 L

Reason

The owner is looking to raise funds to expand the business, primarily to strengthen working capital and enable the execution of larger-scale projects and orders.

Licenses

IEC

More Details

The business has a team of 5 employees.