We will manufacture Smart Pole Meters to monitor energy being used by domestic consumers. The returns are expected within next 3 - 4 months.
This investment project has is being done for a TATA group company and we have already done the prototype. The data would be transmitted to the company's control roon server through GPRS/GSM technology.
Immediate investment is around USD 0.5M. This project has been done as per the company's requirement and specification. This will save huge revenue for the company on account of meter readers employed by the company and the work would be very very fast so saving to much time. We are ready with the prototype and need money now to implement POC. Final funding would depend upon the order quantity.
The profit from each unit would be around 35% to 40%.
Contact us on Merar if you are interested investors.