Aerospace & Defense Business Seeking Loan in Visakhapatnam, India

• The business is located in Visakhapatnam and executes projects in Vizag, GOA, Karwar and Kolkata.

• It has 60 employees and specializes in the execution of technical turnkey projects of defense and PSU shipyards (warship repairs/building).

• Its products and services include installation & repair of weapon systems & machinery.

• It takes up yearly contracts with the Navy for equipment repairs and short-term maintenance repair of machinery spanning from 2 to 10 months in Visakhapatnam, Goa, and Kolkata.

• It has 1-2 government contracts yearly and outsources material to meet its needs.

• The business is well-established, with an experienced team and a proven track record of success.

• It has a strong customer base, with a variety of clients in the Aerospace and defense industry.

• With growth due to the navy projects we received.

Turnkey projects, goods supply and services in mechanical, fabrication and electrical fields with the Indian Navy, installation of weapon systems and installation of engineering machinery in new ship building yards.

Machinery, stock, pending payments, fixed deposits, and vehicles.

Rental workshop of 1,200 Sq yard and office and storage space of 2,500 sq feet located in the central region of Visakhapatnam. The rent amount of the warehouse is INR 32k.

The office rent is INR 26k.

Our firm runs on capital investments, OD facility, Secured and unsecured loans from banks.

Partners- 2.

The partner ratio is 50:50.