WUNDERKRAF PAPERWARE

In their own words

WUNDERKRAF PAPERWARE is a partnership firm established in 2022 to produce eco-friendly and bio-degradable tableware made from paper, such as spoons, forks, knives, and other products. The company has already secured contracts to supply its products to FOMEX PACKAGING and SHRAYATI EVOCATION LIMITED from the first month of the installation of machinery. The manufacturing process involves: • Coating plain paper with environmental protection glue. • Laminating multiple layers of paper. • Cutting it into shape with a die-cutting mold. The formed semi-finished product then moves to the forming station, which is molded into a complete shape. Finally, the product is glued, sealed, and dried before use. The firm has rented a shed at Plot No. G-737, Gate No.3, Kishan Gate, Lodhika GIDC, Metoda, Kalawad road, Rajkot-360021, for 7 years. The company has applied for a power connection of 90KW, and the required amount of water is available on-site. The firm does not require any certificate from GPCB regarding environmental and pollution aspects. The company's marketing is directly handled by its partners, who approach prospective clients and get repeat orders. The firm has estimated a manpower requirement of 6 skilled and unskilled laborers, which is easily available from the nearby area. The firm's primary security is the hypothecation of the new proposed machine and its accessories to be purchased from a bank term loan. The firm is financially sound, and its partners have existing business contracts with marketing networks. With continuous demand for the products throughout India, the firm sees no major risk factors.

Written by the company on its public Startup India profile. Not verified by us.