EIC-Electric fan

This profile envisages the establishment of a plant to produce electrical fans (table, floor and wall) with a capacity of 22,000 pieces per annum. A fan is a device used to induce airflow and generally made from broad, flat surfaces which revolve or oscillate. The major raw materials required are bought-out items which include frames, blades, shafts, metallic housing, motors, switches, bolts & nuts, screws which must be imported. The present demand for the proposed product is estimated at 74,237 pieces per annum. The total investment requirement is estimated at 1,000 ,000 USD, out of which 400,0000 USD is required for plant and machinery. The plant will create employment opportunities for 56 persons.

High