Anand Das
Pune (IND)Anand Enterprises
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Investor
Location:
Pune
Range:
INVALID - INVALID
Investor Type:
INVALID
Accredited:
Yes
Description:
Funding Types:
Industries:
Investment Regions:
- India
Anand Agro
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Startup
Location:
Pune
Industry:
Manufacturing
Year Founded:
2008
Number Employees:
INVALID
Description:
I want to start my own business and need investment of $250,000 to buy a new machine for manufacturing drip irrigation pipes. This market is growing @ 30% annually . i am in this field for last 10 yrs and have spoken to ot of people and compnies who need this product but dont know the source of the machine.
The min profit of margin is 20% and in most of the cases the profits will very from 30 to 50% . Considering hte profit of 20% , the daily profit will be approximately $800, and i am expecting to recover the cost of the machine within 3 years considering that the sales will be low for first one and half year.