Acquire a well-established and trusted supplier to India’s growing infrastructure, power and industrial industriesThe Business
The Company is one of India’s oldest and most trusted names in the design, manufacture and fabrication of electrical switchgear and control panels. The loyal client base of this three-decade old business includes Fortune 500 companies as well as government agencies. Customers include power plants, process industries, steel, textiles, automotive, heavy engineering, and OEM manufacturers.
The Company follows strict norms of quality control and has constantly upgraded its technology. It has professional and resourceful management with a successful track record, and a technically qualified workforce. The Company has a strong focus on product development and after-sales service.
Market
India’s electrical goods market is tied closely to the growth in demand for housing. Indian industrial manufacturing is showing signs of recovery led by investment in the infrastructure and power sectors. The market for switchgears alone is over $250 million per year.
Shareholders are seeking sale of 100% of the business.
Sector: ManufacturingSegment: Industrial AutomationRegion: IndiaFinancing Size: $1m to $5mContact: Kapil Gandhi
Company: New Future AdvisorsTelephone: +91 9923 173 534Email: [email protected]