Textile Waste Recycling Business Raising Funds In Rajkot
About Business
The venture is focused on textile waste recycling and upcycling. The main idea is to convert industrial fabric waste into useful materials that can be used in practical and design-oriented applications. Instead of letting textile waste go to landfills, the business aims to process it into products that have both functional and aesthetic value.
Product Concept
The process involves compressing textile waste using hydraulic press technology to create strong and durable blocks. These blocks can be further used in interior design applications such as wall décor and similar decorative elements. The concept combines sustainability with modern design needs, making waste materials useful again.
Product Development
At the moment, one product has already been designed and is close to being introduced to the market. Alongside this, the team is working on developing three to four additional products. The plan is to bring these products to market before the business moves into full-scale operations.
Operations and Manufacturing
For now, manufacturing activities are being carried out through a related facility. This setup helps the team test the product, refine the production process, and prepare for market entry without making large upfront infrastructure investments. Once the business begins operating at scale, the plan is to shift production to a rented industrial unit.
Market Feedback
The initial product samples have been shared with a few people in the market to gather early feedback. The responses received so far have been positive, which gives confidence that the concept has practical demand and potential in the interior design segment.
Future Plans
The immediate focus is on completing the remaining product development and introducing it to the market. Based on the response and demand, the next step will be to set up a dedicated manufacturing space and gradually expand the product range.
Clientele type
The products will cater to customers across India and are intended to be used in interior design applications for homes and office spaces.
Premises
Currently, the operations are being carried out from a facility owned by a relative of the founders.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 15.00 L
Minimum ticket size
INR 10.00 L
Reason
To start the business operation, the founder is looking for a good investor.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
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