New Startup for Paint rollers: Essential for Home Improvement
Paint rollers are essential tools for home improvement and painting projects. The increasing demand for DIY home improvement and professional painting services is driving the growth of the paint roller market. This report examines the feasibility of establishing a paint roller manufacturing plant.
Market Potential
The demand for paint rollers is rising as more people undertake home improvement projects. The growing construction industry and the trend of DIY projects are contributing to the market’s expansion.
Technical Feasibility
Raw Materials
- Fabric and Plastic: Primary raw materials for paint roller production.
Production Process
- Cutting and Shaping: Cutting fabric and plastic to form rollers.
- Assembly: Assembling the rollers with handles and frames.
- Finishing and Packaging: Adding finishing touches and packaging the rollers.
Plant Layout and Machinery A typical plant layout includes:
- Cutting and Shaping Unit
- Assembly Unit
- Finishing and Packaging Unit
Financial Analysis
Total Project Cost
- Land and Site Development: ₹2 crore
- Plant and Machinery: ₹10 crore
- Installation and Erection: ₹2 crore
- Preliminary and Pre-operative Expenses: ₹2 crore
- Working Capital: ₹2 crore
- Total Estimated Cost: ₹18 crore
Revenue Generation Revenue from the sale of paint rollers is estimated based on market rates.
Cost of Production
- Raw Material Cost: ₹5 crore per annum
- Operating Expenses: ₹2.5 crore per annum
- Maintenance and Utilities: ₹1.25 crore per annum
Profitability Analysis
- Total Annual Revenue: ₹27 crore
- Annual Expenses: ₹8.75 crore
- Net Profit: ₹18.25 crore
- Rate of Return: 15%
- DSCR: 1.5
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