Rice Mills Seeking Loan in Kolkata

- Agricultural commodity trading business specializing in various varieties of rice. - It has been operational for the past 8 years. Its founder initiated this venture with the intention of gaining insights into the rice industry, with the ultimate objective of establishing a manufacturing plant. - After thorough negotiations with a bank, we have secured an old plant for INR 10 crore, comprising a selling price of INR 9 crore and INR 1 crore in liabilities such as land revenue. - This plant possesses the capability to process and manufacture 120 MT of rice daily. However, it requires renovation, estimated at INR 15 crore, which is anticipated to take a minimum of 6 months post-acquisition. - Recognizing a significant market void for an organized brand offering regional rice varieties, the founder has identified a promising opportunity. Notably, major players like Adani Wilmar are also seeking entry into this segment. - With the founder boasting 8 years of experience in managing this enterprise and a total of 20 years in the rice industry, the groundwork is laid for a compelling venture. - We are MSME, GST and FSSAI registered.