Hold

Products/Service

This is a tyre pyrolysis plant ideally located 40km south of Smart City of Aurangabad. The location gives them a strategic advantage as they have 3 industrial districts within the range of 50 Kms (Waluj, Shendra,Chitegaon MIDC) and are at a 10 Mins distance from upcoming DMIC project developed by Indian Government in partnership with Japanese Government in 9000 Hectares for Industries. They have all the necessary Government approvals in place along with State Pollution Board certificate. They are also eligible for subsidy of Rs.80 Lacs from state government. They have latest plant and machinery along with best of infrastructure in place. Last 3 month turnover INR 25 lacs with profit upto 25%. This business has huge scope for expansion. Owner wants to sell the entire setup including land, building, machinery and business for a price of INR 2.5 Cr.

Reason

Financial Trouble

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