The idea is to manufacture and assemble low & medium voltage switchgear products. Sheet metal components shall be produced with state of art machines.
Electrical switching and substations for distributing power to residential and industrial is on the rise. India is expected to perform well in the forthcoming years with increase in GDP growth, power generation is bound for increase through thermal, hydro, nuclear, solar, and wind.
At present power generation and distribution is primitive and expected to have quality switching/protection. Demand for distribution substation equipment is short supplied and expected to continue.
The investment project is in the initial stages such as land approval from state government.
25 % profitability is possible.
Investment payback expected in 6 years.
The entrepreneur is highly experienced in the similar field abroad.
Active investor preferably from Hyderabad region shall be valuable to the project.
Technical superiority and quality of the Products will play an important role when dealing with Multinationals.
Exports to Gulf is a good possibility.
US $ 300000 needed for startup and working capital