Existing unit with monopoly in Airline Catering in the area looking for upgradation of the unit along with an expansion to produce branded bakings and processed foods. Target start of the expansion operations is within the calender year 2012.
Looking at modernization of the air catering operations to gear up for the future market with bullish looking aviation market scenario more so after the recent government announcement of 49% FDI in aviation.
Proposed expansion of the business and diversification into processed food with bakery line up along with other extruded snacks, chips, etc.
Very high potential in this part of the world with practically very little competition and a conductive industrial policy of the state with lots of sops and subsidies.
Land for the expansion procured, can be transferred into a new company to ease out the process of funding and management along with financial control.
Attractive ROI and pay back period of 3.5 years.