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RUNGTA MOULDINGS PRIVATE LIMITED

A country with soaring import bill does not have a single manufacturing unit for RECYCLED PET RESIN fit for food contact. Europe & USA has !

  • Stage $3M in TTM Revenue
  • Industry Clean Technology
  • Location Kolkata, WB, India
  • Currency INR
  • Founded August 2005
  • Employees 40
  • Incorporation Type C-corp
  • Website rungtagroup.co.in

Company Summary

Engaged in manufacturing of PET flakes by washing & cleaning of curbside PET bottle scrap and Blow Moulded HDPE containers for Edible Oil Co's.The rag pickers (Earning lesser than $ 5.5/ Day) who are the poorest in the society collect scrap from litter & by selling it to local dealer earn food & living from it. Client base consist of Ruchi Soya,Cargill,Mother Dairy,Purti Vanaspati, Polygenta, Reliance, Plastiblend, AVI global, Tijaria Polypipes

Team

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    Deepak Rungta
    Mr.

    He is aged about 38 years, is a B.Com Graduate. He started his career with setting up of Tin container plant based at Dehri-on-Sone, Bihar. In 1996, as his second venture, he had successfully set up a blow moulding unit and subsequently waste recycling plant. He has extensive knowledge in the technical aspects of the business.

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    Praveen Rungta
    Mr.

    He aged 33 yrs is a B.Com Graduate. He is a MBA in Finance. He has 8 years of experience in the industry of plastics converting. He is engaged in the administration of factories & accounts division, overall man power planning, interaction with government departments and business development initiatives.

Advisors

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    No lawyers hired for advice on funding & there is no litigation.
    Lawyer
    Unconfirmed
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    Manish Sethi & Co., Chartered Accountants
    Accountant
    Unconfirmed

Previous Investors

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    Union Bank Of India ( In form of Term Loan and Cash Credit)
    Unconfirmed