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N. M. A. N. Enterprise


Org. type
Proprietorship

Founders
Neeraj Bhatt

Founded in
2010

Category
product

About
Self: Ideator; strongly opinionated; totally committed; utterly rational; courageous risk-taker Prime Idea: Solve the problem of endemic potable water deficit within Maharashtra; India, and eventually, other geographies; by mounting desalinating Reverse-Osmosis plant(s) onboard ocean-going ships whose advantages many. Chiefly, economy in comparison to fixed, shore-based desalination plants and the ability to rapidly respond to changing demand by repositioning of the vessel asset.

Funding details
Initial fund of around INR 5 Crores is required to set up the venture, and arrange for a pilot run - on a for-profit basis - starting with one tanker vessel (ship) to begin with. Upon successful pilot, working capital is anticipated to continue additional runs on a for-profit basis. In the medium term, funds are anticipated to be required to expand by procuring more number of vessels.

Industry

Service /Product types

City
Nagpur in N. M. A. N. Enterprise