Carry bags are essential for retail and everyday use, with increasing demand for eco-friendly and reusable options. The shift towards sustainable living and environmental consciousness is driving the growth of the carry bag market. This report analyzes the feasibility of establishing a carry bags manufacturing plant.

Market Potential

The demand for reusable and eco-friendly carry bags is rising due to environmental concerns and government regulations. Consumers are increasingly opting for sustainable products, making the market for eco-friendly carry bags highly lucrative.

Technical Feasibility

Raw Materials

• Fabric or Biodegradable Materials: Primary raw materials for carry bags production.

Production Process

• Cutting and Stitching: Cutting fabric into shapes and stitching them into bags.
• Printing: Printing logos and designs on the bags.
• Finishing and Packaging: Adding handles and finishing touches, and packaging the bags.

Plant Layout and Machinery A typical plant layout includes:

• Cutting and Stitching Unit
• Printing 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 carry bags 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: ₹45 crore
• Annual Expenses: ₹8.75 crore
• Net Profit: ₹36.25 crore
• Rate of Return: 25%
• DSCR: 2.0

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