Vermiculite Manufacturing Business for Sale in Chennai
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The company is into the manufacturing and supplying of vermiculite; which is used in making insulator for many industry. It is used for roof Insulation and light weight filling in Construction Works. The product is useful in many industry from civil construction to horticulture. It is also useful in boilers for fire proofing. The unit can produce 45-50 tons per month (maximum capacity). Due to the old age of the owner, he is not able to focus on active marketing efforts. Currently, they supply most of their production into civil construction area, so far they have served IIT-Madras and Chennai Airport. But the product has huge potential it can serve many other industries as well as many region putting some efforts into marketing. The business was initiated in the year 2005, and currently have up to 25 people working at the unit. Total built up area of the unit is 5000 sq.ft and the unit is situated just 50 kms away from Chennai. Asking Price: INR 4 Crs.
Reason
Retiring from Business
Business Tags
₹10 to ₹200 Cr
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