Overseas Air conditioner Manufacturing Business with a capacity of 60,000 units

$7,500,000  

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Property Details

Air conditioner Manufacturing Business with a capacity of 60,000 units based in India, Mumbai-based air conditioner manufacturing and retail business.

The air conditioner market is projected to register a CAGR of greater than 5% during the forecast period, 2021-2026. The air conditioning (AC) industry is expected to witness huge growth due to the soaring temperature and humidity levels across the world, along with the rising acceptance of air conditioners as a utility product rather than a luxury product. The emergence of technologically advanced air conditioners, such as air conditioners with inverter and air purification technologies, is further anticipated to positively influence the air conditioner market through the forecast period.

Company sells products directly to the customers through IndiaMART only in Mumbai.

– Have a manufacturing capacity of 60,000 units annually but we only manufacture 1,000 units annually.

– The technology is developed in-house and is completely manufactured in India.

– Have 2 patents and 3 design registrations.

– Promoter has 5 years of experience in the industry.

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