Starting partner ship factory to manufacture black salt

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2012 Dear Sirs,

We want to start a partnership firm in kanpur to manufacture black salt (kala namak) and we want to get loan about 2000000/-from khadi gramodyog with a subsidy is it possible or not. our one partner has his own land. please tell the procedure for taking loan in detail. to whom we should contact for loan. the manufacturing process is purely manual. We have already customers for manufactured product. please tell the detail at earliest possible. Thanks in advance

CA. Vikash Dwivedi

CA. Vikash Dwivedi (Expert)
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23 January 2012 if your factory is in Rania you may get loan on better terms than if it is in Fazalganj or other city area.
you need to prepare project report a due deligence kind of report. ALL you need is to assure Bank that you'll refund their money and you have enough net worth.

In the project report you need to mention some of hte key matters like scope of your business the market where you will sale, partenres networth potential customers projected sales, margin etc.

Better if you contact some CA there. Birhana Road is full of CAs.