Rapid Coat Powder Coatings

Mr. Ajit Gupta (Civil Engineer, IIT Kharagpur) founded “Rapid Engineering Co. Pvt. Ltd.” in 1974 to manufacture plastic products. Presently the company is engaged in manufacturing and exporting Thermosetting & Thermoplastic Powders for coatings. The company has installed manufacturing facility in 2 acres of land in prime industrial area on the outskirts of New Delhi (India). The manufacturing plant is having 7000 tons capacity of Thermosetting Powders and 2500 tons capacity of Thermoplastic Powders. The company is supplying powder to the industry through 4 warehouses, 45+ distributors across the India and 25+ distributors worldwide.

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Whst is the cost to set up this plant ?