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ABSTRACT
In the world of globalization we are seeing a great deal of developments through out the
world. Big Buildings, skyscrapers, corporate offices, govt. factories, houses, flats are
being made at a greater rate day by day. All of these above mentioned in any condition
need these plastic electrical fittings for efficient electrical wiring throughout the system.
General bricks are made up of used up of used up plastic but this product is made up
highly designed and plastic called as high density plastic. The use of these fittings allows
us to provide electrical wiring through every bend and corner of a room thus helping us in
the maximum purposeful utilization of electricity. These plastic made electrical fittings
are cheaper and stronger and also more resistant to temperature than the general bricks. It
is a small scale industry of cost around 35Lakhs.
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TABLE OF CONTENTS
ABSTRACT........................................................................................................................ii
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TABLE OF CONTENTS...................................................................................................iv
1. GENERAL INFORMATION..........................................................................................5
2. ENTREPRENUER PROFILE.........................................................................................6
3. TYPE OF THE PRODUCT.............................................................................................7
Marketing Strategy...........................................................................................................7
Targeted Consumer/Clients.............................................................................................8
4. MANUFACTURING PROCESS....................................................................................9
4.1 Technical Know-how availability..............................................................................9
4.1 Step By Step Description of Process.........................................................................9
5. PRODUCTION SCHEDULE........................................................................................10
6. DETAILS OF THE PROPOSED PROJECT.................................................................11
6.1 Land and Building....................................................................................................11
6.2 Machineries/equipments..........................................................................................11
6.3 Misc. fixed assets.....................................................................................................11
6.4 Preliminary and pre operative experience................................................................12
6.5 Sales revenue...........................................................................................................12
6.6 Raw material ...........................................................................................................13
6.7 Utilities.....................................................................................................................13
6.8 Man Power (Salaries/wages)....................................................................................13
6.9 Repairs and maintenance.........................................................................................14
6.10 Selling and distribution expenses...........................................................................14
6.11 Administrative expenses .......................................................................................14
6.12 Interest ...................................................................................................................14
6.13 Depreciation ..........................................................................................................14
6.14 Misc. expenses ......................................................................................................15
7. WORKING CAPITAL..................................................................................................16
8. TOTAL COST OF THE PROJECT..............................................................................17
9. MEANS OF FINANCE.................................................................................................18
10. PROFITABILITY PROJECTIONS............................................................................19
11. BREAK EVEN POINT................................................................................................20
12. CONCLUSION............................................................................................................21
REFERENCES..................................................................................................................22
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PLASTIC FITTING INDUSTRY
1. GENERAL INFORMATION
Proposed Project:
This Business Plan deals in setting up a manufacturing plant which
produces electrical plastic fittings.
Proposed Locations:
Berhampur, Orissa.
Type of Organisation:
Manufacturing Organization
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PLASTIC FITTING INDUSTRY
2. ENTREPRENUER PROFILE
1. Name :
2. Educational Qualification: Bachelor of Technology
Technical Skills: Sound knowledge in C and C++
3. Name:
Educational Qualification: Bachelor of Technology
Technical Skills: Sound knowledge in C and C++
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PLASTIC FITTING INDUSTRY
3. Major Consumers :
All buildings, factories, houses etc.
MARKET POTENTIAL
This is a product new to market so the public is not aware of the plus points of these
products over the normal plastic accessories. In near future it is going to have high
demand as these have higher durability, better sustainability to high temperature as they
are made up of advanced plastic called high density plastic. These products can be used
everywhere including houses, offices, and buildings in every remote corner so that
electricity through wires can be delivered.
Marketing Strategy
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PLASTIC FITTING INDUSTRY
As the product is new to market we have to look for more awareness among the people
through advertisement. The big contractors and builders should be invited for meeting
and the plus points of this type of fittings should be explained.
Targeted Consumer/Clients
The main target of this industry will be the general public as it is majority of nation who
will use this product in their houses and other includes buildings and offices of both
government sectors, public sectors.
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PLASTIC FITTING INDUSTRY
4. MANUFACTURING PROCESS
Material required:
High density plastic
This is the process through which we get desired products which can be used as
electrical fittings.
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PLASTIC FITTING INDUSTRY
5. PRODUCTION SCHEDULE
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ENTREPRENEURSHIP PROJECT
6.2 Machineries/equipments
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ENTREPRENEURSHIP PROJECT
Amount(Rs in
Sr. no Particulars Remarks
lakhs)
1. Establishment 4
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ENTREPRENEURSHIP PROJECT
6.7 Utilities
Annual
Sr. no Particulars Remarks
expenditures(Rs)
1. Power/electricity 36,000
Total 36,000
Wages/salaries Annual
Sr. no Particulars No.
per month (Rs) expenses (Rs)
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ENTREPRENEURSHIP PROJECT
6.12 Interest
6.13 Depreciation
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ENTREPRENEURSHIP PROJECT
Cost of Depreciation
Sr. no Type of asset Expected life Depreciation
asset per year(Rs)
1. Plant 2,00,000 10yrs 20% 40,000
2. Machine 1,00,000 5 yrs 5% 5,000
Total 45,000
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ENTREPRENEURSHIP PROJECT
7. WORKING CAPITAL
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ENTREPRENEURSHIP PROJECT
Total 24,10,400
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ENTREPRENEURSHIP PROJECT
9. MEANS OF FINANCE
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ENTREPRENEURSHIP PROJECT
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ENTREPRENEURSHIP PROJECT
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ENTREPRENEURSHIP PROJECT
12. CONCLUSION
This proposed project plastic fitting industry must be a successful launch if the required
items are available and the market strategy as same as we have decided. The demand of
this type of product is high in the market means the plastic goods are essential for the
customers. Before placing the product in the market the product should be well advertised
among the people. The easy finance is available from the commercial banks and the
requirement of the capital is very less and some amount is shared by the entrepreneurs.
The estimated Sale Realization is Rs.33, 76,000 and Cost of Manufacturing/Servicing is
Rs.16, 94,400. Hence we should have the gross profit of Rs.16, 81,600. The market of
plastic industry is one of the most demanding sectors. The market is flooding with new
plastic products retailers.
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ENTREPRENEURSHIP PROJECT
REFERENCES
[1] www.eeaonline.org/indonesia
[2] www.NIIR.org
[3] www.ecenter.mit.edu/elab
[4] www.nstedb.com
[5] www.techno-preneur.net
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