Advert ID:5236 / Type:Joint Venture or Partnership / Sector:Automotive / Location:Sri Lanka
Investment Opportunity In Sri Lanka
Opportunity Summary
We are the largest manufacturer of seats & seat covers for the entire range of automobiles including cars, Motorcycles, Trains and Boats in Sri Lanka.
Also assemble the electric motorcycles in the country.
We have become the market leader in the areas where we are involved. Also the only exporter in the country for the automobile seats including Japan.
Only company was to be invited by the USA largest school bus manufacturer to take part in their vendor conference in USA.
We have won several awards for the achievements we have made during past few years.
Now we are planning to have a assembly plant of massage seat cushions in Sri Lanka for the sale of local and export markets.
Since our country has signed with Free Trade Agreements with India, Pakistan and Europe, the products assembled in our country could be exported to the above listed countries on duty free basis.
In addition to the above countries, we have the facility to export our products to other South Asian countries too under the SAPTA agreement.
As such, the products assembled in our country can be sold cheaper to all of the above countries and finally the import cost for the importer will be less. The total potential market in that segment is very very high and in India alone they produce over one million vehicles per every year.
In addition, we plan to dominate in our local market using the marketing strength of 2500 dealers in the country, except Northern and Eastern provinces.
The venture will be in two stages. The first stage will be the market consolidation and the 2nd stage will be the assembling of the product.
In the first stage, we hope to cater to the local market only while having some marketing efforts for the exports, specially to India, under the Free Trade Agreement which our country has signed with.
In the 2nd stage, it will be for the local as well for the export markets, where we hope to get a sizeable breakthrough.
For the 1st stage, we expect the investor to invest with us USD 75,000/=, as per our project calculations and for this amount, we will offer him 30% of the company shares. The recovery period of his investment will be within 2-3 years starting form the first operational year. From the 3 year onwards, the return will be almost equal to the investment as per feasibility report.
The above profit figures are calculated based on the local sales and once we start the export, the profits would be high.
The interested genuine parties may contact us please.
- Years Established:
- 1996
- Target Market:
- Worldwide
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