Mink Blanket New Detailed Project Report : Luxurious and Warm
Mink blankets are luxurious, warm, and highly durable, making them popular in colder regions. The demand for high-quality and aesthetically pleasing bedding products is driving the growth of the mink blanket market. This report examines the feasibility of establishing a mink blanket manufacturing plant.
Market Potential
The demand for mink blankets is rising due to their comfort and luxury. As consumers seek premium bedding products, the market for mink blankets is expected to expand.
Technical Feasibility
Raw Materials
- Polyester and Acrylic Fibers: Primary raw materials for mink blanket production.
Production Process
- Knitting: Knitting fibers to form blanket fabric.
- Dyeing and Printing: Dyeing and printing designs on the fabric.
- Finishing and Packaging: Adding finishing touches and packaging the blankets.
Plant Layout and Machinery A typical plant layout includes:
- Knitting Unit
- Dyeing and Printing Unit
- Finishing and Packaging Unit
Financial Analysis
Total Project Cost
- Land and Site Development: ₹6 crore
- Plant and Machinery: ₹30 crore
- Installation and Erection: ₹6 crore
- Preliminary and Pre-operative Expenses: ₹6 crore
- Working Capital: ₹6 crore
- Total Estimated Cost: ₹54 crore
Revenue Generation Revenue from the sale of mink blankets is estimated based on market rates.
Cost of Production
- Raw Material Cost: ₹18 crore per annum
- Operating Expenses: ₹9 crore per annum
- Maintenance and Utilities: ₹4.5 crore per annum
Profitability Analysis
- Total Annual Revenue: ₹90 crore
- Annual Expenses: ₹31.5 crore
- Net Profit: ₹58.5 crore
- Rate of Return: 17%
- DSCR: 1.6
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