Recycled Yarn Business Raising Initial Funds In Panipat
About Business
The company is planning to establish its operations in Panipat with a focus on manufacturing recycled yarn. The manufacturing unit has already been constructed, and the installation of five machines is planned. Key suppliers have been onboarded to ensure a steady supply chain.
The promoters have been active as recycled cotton yarn traders since 2018 and are now expanding into manufacturing. The business model involves sourcing used clothing from global markets through a network of suppliers and channels. These materials will be processed and converted into cotton and fiber, which will then be spun into recycled yarn.
The resulting yarn will be used in the production of various fabrics and textile products, which will be supplied to domestic and international markets. This approach supports a circular economy by transforming textile waste into reusable raw materials for the global textile industry.
Clientele type
The target clients will include home textile exporters, manufacturers, and home furnishing companies.
Premises
OWNED
Premise Size: 1.75 acre
Market Value (in INR): 10.00 Cr
The business will operate from a self-owned premise spanning 1.75 acres.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 8.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
The promoter is looking to raise funds to procure the necessary machinery and commence operations.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
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