Mr. Ajay Kumar Srivastava, the proprietor of M/S J . H. Manufacturing Company is a Indian citizen wishes to establish a manufacturing facility in kashipur. Uttarakhand.The applicant perceives a growing market of packaging products and wishes to tap this business opportunity.
Mr. Ajay Kumar srivastava, aged 41 years, is a graduate and is well traveled and has been engaged invarious marketing and development activities for the past fifteen years .The promoter is an experienced businessmen having exposure in courier logistic Business and has been involved in the promotion of M/S Trust Express services private limited, Delhi which involves in courier & Logistic Business .
The turnover achieved in the said company for the year 31-03-2007 was Rs. 1028Lacs & net profit earned about Rs.58Lacs (as per Audited Accounts ). The said company has also achieved a turnover of
Rs.1028Lacs.during the financial year ended 31st March ,2008 and earned A net profit of Rs. 62Lacs (Asper Provisional Accounts ).He is a Managing Director of the Company and hold 80 % of the shareholding, along with her spouse in M/s Trust Express Services Private Limited. Mr. Ajay Kumar Srivastava owns residential house and commercial properties worth three crores.
The demand of Packaging Industry is increasing day by day in the country and the promoter is well networked, has very good personal business contacts in Indian Industry and also proposes to work through reputed marketing agencies.Thus the promoter has decided to have his own manufacturing base for running the business of manufacturing of corrugated boxes and cartons, and purchased an industrial plot measuring 2000sq.mtrs. At Plot No. 114, Nand Nagar Industriral Estate, Phase – ii Mahuakhera Ganj, KashiPur Uttarkhand.
Mr. Ajay Kumar Srivastava has a sound financial standing, and has already committed a fund of Rs. 100Lakhs for the proposed project activity.