The project involves setting up of aseptic tomato paste manufacturing units in India and training farmers to cultivate processing varieties with sustainable practices.
We're looking for an investor who's willing to invest in manufacturing units of aseptic tomato paste in India. Demand for tomato paste is very high and rapidly increasing in India and abroad whilst supply is very limited due to lack of efficient large scale manufacturing facilities. Raw material is available at good price as India is world's second largest producer of tomatoes. While imported tomato paste is very expensive, there is a good opportunity to enter this market at this time to tap the huge potential. Capital requirement is approx. USD 10,000,000 and ROI period is approx. 4 years.
Our competitive advantage will be high quality tomato paste with good flavour, colour and consistency which is more suitable as raw material for use in food processing industry. Other producers in India have not invested in technology which is capable of producing quality of this level. It would not be easy for others to repeat our success because of technical know-how and high investment requirements; yet if they manage to repeat our technological advance, we'll have advantage the first-mover advantage over them as we would already have established a leadership position in the market.
The main rationale is the huge gap between supply and demand. Currently tomato paste manufacturers are commanding good price and cash sale in the market. The gap is going to grow as the demand is increasing @ 20% annually and new plants are not coming to match it. I've 18 years of experience in this field.
Funding is needed for the complete project. 100% finance is required.
I am looking for an angel investor on equity sharing basis. I'm a salaried professional in this field and do not have access to finance. I'm willing to provide my services on salary and equity basis. I'll manage the complete project and am willing to run the business after implementation of project.
Image Source: Flickr CC, Author: Marisa McClellan