I had first known about this biz in 2010 when a friend of mine (CA, now no more) wanted to set up this up. It had intrigued me.
One of the key concerns was price sensitivity and unorganised sector competition. My friend had signed an agreement to off take used tires from Middle East which was plus for project, after offsetting logistics costs.
In my opinion, in such businesses the quality of management is very vital. Much of opportunity is embedded in what is not apparent.
Subscribe To Our Free Newsletter |