Modular kitchen cabinet business has strong business potential in India and growing at the rate of 40% per annum. Leading brands are already started business in India.
We would like to introduce ourselves as supplier of modular kitchens and wardrobes in Coimbatore, India. We are specialized in modular kitchen designing, kitchen renovation and modular kitchen installation and installation of supporting systems.
This modular kitchen business is well known business in developed countries and it has a profit margin of 30% to 50%. The leading German/Italian brands like Nobilia Kitchen, Aran Cucine, Veneta Cucine, Hafele, Hettich and Hacker are started business in India to supply modular kitchens in metro cities. This modular kitchen business has strong business potential in India and growing at the rate of 40% per annum. Most of the modular kitchens are imported from Italy and Germany.
Our company is a small enterprise and we cannot able to provide any collateral security, surety or guarantee to secure funds for our project. But, we have a huge market place in this industry and we can generate 15% to 20% ROI for your investment.
We are planning to start State-of-the-Art manufacturing Plant to manufacture modular kitchen cabinets and we will market our products through franchisee network all over South India under the brand name of Mr.KITCHENS.
We are already established in our region for the past three years and we are getting regular orders from individuals and Civil Engineers. We are looking for an investment of $3,000,000 against 30% equity for this project. The FDI in single brand retail sector is allowed upto 49% under automatic route. The funds will be utilised to purchase advanced wood working machinery and plant infrastructure.