NEWS

FOREIGN DIRECT INVESTMENT AND PRIVATE EQUITY AND FRANCHISEE



Pethe is the surname of this business family. We are one the most trusted business houses in Maharastara, India. Founded in 1904 by legendary Mr. WAMAN HARI PETHE in Mumbai as of now PETHE GROUP has two major business activities.

  • Manufacturing electromagnetic clutches and brakes, induction motors ( MB )
    Visit www.pethe.in for more information
  • Retailing gold, diamonds, silver ornaments. ( RB )

Ours is a typical small scale family owned business having its own advantages and disadvantages.

India opened its controlled economy to the foreign businesses way back in 1990. Last 15 years India has witnessed double digit growth almost every year. India’s ever growing consumer population has always been a major attraction to foreign players. ( One example : Today India has about 780 million cellphone user )

Entry of Metro , McDonald, Vodafone KFC , Stromag , Volkswage, Mercedes-Benz , Siemens and other 250 german companies in the field of engineering are few examples which must be mentioned here. Majority of these companies have selected AREA AROUND PUNE CITY as their business places.

There is huge potential in expanding our business and in year to come there will be consistent and robust demand for our products. Our order books are majority of the times are full and this is a good indicator of future growth.

Considering all these factors we have started working on rapid business expansion plans. This includes but not limited to :

  • Setting up multiple jewellery retail shops in Maharastra (FRANCHISEE BUSINESS MODEL )
  • Modernisation of our existing manufacturing plants at Lonavla and Guhagar to increase production capacity. This will include employing modern high-tech machinery to start implementing latest manufacturing processes-technology.

We are currently searching Foreign Direct Investor ( FDI ) and technology partner ( TP ) to fuel our rapid expansion plans of our jewellery retailing business as well as our manufacturing business.

We enjoy very good reputation in Indian market and we are one the most trusted business family in Maharastara. Therefore money power of FDI and along with their modern business practices and our goodwill will be a win-win situation for both of all us.



We are searching FDI and TP who has already presence in Indian market OR willing to start business operations in India. Our RB are located in Mumbai which happens to be financial capital of India and
Our MB is located at Lonavla and Guhagar. ( Lonavla is located in between Mumbai and Pune )
This Mumbai – Pune area is one of the most industrialised area in India . And hence we have strategic advantage as far as location is concerned.



Interested parties may contact
Mr. Ashwin Pethe ashwinpethe@yahoo.com Tel 022-23808551 WAMAN HARI PETHE SARAF BUILDING 283 JAGANNATH SHANKAR SHETH ROAD GIRGAUM MUMBAI INDIA 400004

 
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