We were selling our unused and unsold capital equipment and routine raw materials through individuals/brokers for ages till around a year ago.
Over the past year we have used the services of Matexnet a web based disposal company. We are extremely happy with the results. Where previously we got a handful of customers, now customers from all over India bid for our goods. On a average the realisations are up nealry 60% and more importantly we are taking to officers who are specialised for each type of our inventory/goods, so we do not spend time educating an outsider on our goods. We are now moving from using their services to a few of our locations in the south to all over India.
