Paper & Foil Products Mfg Biz Raising Funds In Bhubaneswar
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About Business
This new business aims to establish a manufacturing plant in Odisha to produce a variety of paper and aluminum foil products, including facial tissues, toilet tissues, napkins, paper bags, and towel-grade tissues. The venture is positioned to support the Government of India's plastic-free environment initiative by providing eco-friendly alternatives to plastic goods.
This will be the first fully automatic G+2 plant of its kind in Odisha. The facility will feature a range of automated machinery to ensure efficient production, including:
2 Automatic Tissue Paper Making Machines
2 Semi-Automatic Paper Napkin Packing Machines
1 Automatic Paper Bag Manufacturing Machine
2 Automatic Aluminum Foil Machines
The total project cost is estimated at ₹1,91,39,272, with an expected annual sales turnover of ₹3,95,08,000. The business will also create jobs for 24 individuals.
Key raw materials, such as tissue paper jumbo rolls, corrugated boxes, and PP covers, will be sourced from a network of finalized suppliers.
Clientele type
The primary target customers will be from the hospitality sector across Odisha and neighboring states.
Premises
The business has secured government-allotted land on a 90-year lease, with an annual rent and maintenance cost of approximately ₹20,000.
Asking Price Includes
The owner will offer up to 25% stake in the business.
Asking Price
INR 50.00 L
Minimum ticket size
INR 30.00 L
Reason
The owner is looking to raise funds to establish the manufacturing unit and commence operations.
More Details
The promoter brings over 12 years of experience in production, marketing, and sales, offering a strong foundation for launching and scaling the venture.
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₹10 to ₹200 Cr
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