COUNTRIES REACHED
SALTEC, a subsidiary of Shriraam grants investments in machinery around the globe. According to the investment agreement, SALTEC will take the equivalent value of shares and Shriraam will receive a direct payment for providing machinery. Our assistance will be limited to companies that receive machinery from Shriraam. The company's primary mission is to reach out to other salt companies and finance them to grow their business effectively.
COUNTRIES REACHED
As the economic volatility brings uncertainty & financial crunches, government agencies and manufacturing firms may not be able to invest huge sums to build the salt manufacturing unit. At Saltec, we have laid down multiple venture partnership programs around a revenue-sharing model to cross capital crunches.
Our company is interested in partnering with you if you have the infrastructure and fall short of acquiring the right technology to penetrate a profitable market or if you do not have the right type of infrastructure, raw materials, or technology to manufacture salt but still plan to operate from a high demand location.
SALTEC will only fund Shriraam as their technology partner. The company will not partner with or fund any technical partners other than Shriraam.
SALTEC will require project feasibility report that includes all financial information. SALTEC's team will be able to do this on a chargeable basis.
SALTEC will only provide investments for the machinery. Acquisition of land and providing working capital will not be undertaken.
SALTEC will take the equivalent value of shares based on the investment agreed and pay Shriraam directly through a guarantee or bank transfer.
SALTEC will continue as a joint venture partner with invested share capital and be a member of the governing board and collect dividends periodically.