We have planned to manufacture non-ferrous metal wires, namely molybdenum, Nickel-Alumunium, Stallite-6, Tungsten etc.
We are aiming to produce Molybdenum, Tungsten, Nickel-Aluminium, Stellite-6 wires from powder stage.
The Cash back period is about 5 years.
This is the first of its kind in our country, which makes it a good business.
The opportunity for the investor is quite high over a period of time.
This would sell in the market today, as it is not locally available.
The project is left with about 20% from completion.
The project is about 20% away from completion due to the traditional banking ways. Whereas we have give about USD1,500,000 worth securities and awaited the loan worth only about USD 550,000.
The banker turned away and started creating all pressure tactics, which brought the completion to a halt. As such we require a total funding of USD 800,000 to enable us to clear the banker and complete the project and run it successfully.
Investors can contact us for more information on Merar.
Direct player are next to none.
As this is the first of its kind we do not have any competitors at present.
It will take and future competitors enough time to repeat my sucess and I have been drowned it this field for over 2 decades.