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It is an upcoming business in Cuttack, Odisha that is into manufacturing of packed flour like atta, besan, maida, sooji etc. They are looking for investment to fund this small scale flour manufacturing unit either through a joint venture (JV) or finance partner.
The business owners have already made an investment of approximately INR 1.5 Cr while the project cost is between INR 3 - 5 Cr. (depending on the cost of land, construction, machinery etc). The bifurcation of the project cost is as below:
Land and construction in an area of 8000 sq. ft. in Jagatpur: INR 1.3 Cr.
Electrical, security and transformers: 20 Lakhs
Production and packaging machinery: 1 Cr. (approx)
Working capital: 40 - 50 Lakhs
Marketing and branding: 10 - 15 Lakhs.

The business is looking for an investment between INR 2 - 4 Cr.

Reason

Searching for Investor Partner

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