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MODERN PLAIN AND STUDDED GOLD & SILVER JEWELLERY CHAINS AND CASTING PROJECT
Introduction:Manufacturing of jewellery through investment casting process has become very popular all over the world. In developed countries and also in most of the Far-East countries manufacturers of gold and silver jewellery are using this process irrespective of their scale of production. It is catching up very fast in India as well and almost all of the factories situated in various Export Promotion zones have based their manufacturing on casting process only. This works out to be the best option as it employs the capabilities of machine for quantity and excellence of artisans for quality production.besides this, chains also form a very important part of jewellery and apart from being used as an independent jewellery product, they are used as part of other products as well. This profile has been drawn to set-up a modern jewellery manufacturing unit .
Capacity:The total installed capacity of the project is estimated to be 30000 Kgs. of jewellery. Capacity utilization has been estimated as under:
Year of Production I II III IV V Capacity Utilization 30% 35% 40% 45% 50% i. Gold 5% 7% 10% 15% 20% ii. Silver 25% 28% 30% 30% 30%Cost of Project:
Rs. Lacs
1. Land and Development 20.00
2. Building 77.18
3. Plant & Machinery
i. Indian 34.40
ii. Imported 428.54
iii Training and Installation 4.00
4. Miscellaneous Fixed Assets 58.50
5. Preliminary Expenses 35.00
6. Pre-Operative Expenses 17.71
7. Contingency 40.00
8. Margin money for Working Capital 64.67
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Total 780.00
Means of Finance:
i. Promoter's Contribution 369.07 ii Term Loan 410.93 ------ Total 780.00Location:
No specific location has been proposed for this project as it can be set up in any industrial or commercial area having specific security. The cost of land for the present profile has been taken @ Rs. 650.00 per sq. meter for a plot of 2000 sq. meter and only one floor of building has been proposed to be built. But considering the cost of land at a higher rate at certain places, the same project can be set up on a smaller plot of land with a multi-floor construction.
Main Plant & Machinery:
i. Digitally controlled Vulcanizer ii. Vacuum Wax injection system iii. Investment vaccumizer-cum-embedding machine iv. Dewaxing furnace v. Digitally controlled Burn out Furnaces vi. Computer controlled Vacuum Pressure casting machine vii. Variable Speed Magnetic Polisher viii. Variable Speed Vibrating Polisher ix. Buffing Machines with suction device x. Flexible shaft finishing and setting motors. xi. Work benches for finishing and setting artisans. xii. Wire rolling Machines xiii. Wire drawing machines xiv. Wire Annealing machines xv. Automatic Chain Making Machines xvi. Chain soldering Machines xvii. Chain Hammering Machines xviii.Chain & Jewellery Diamond Cutting Machines xix. Butt Welding Machines xx. Chain Polishing MachinesMiscellaneous Fixed assets:
i. Power Generator ii. Air conditioners iii. Personal Computers iv. Fax Machines and Photocopier v. C.C.T.V. and other security devices vi. Office furniture and fixtures vii. Safe Vault for precious metals viii. Plumbing and drainage system ix. Electric installations. x. Vehicle for the factory xi. Miscellaneous tools and equipment.Man Power Requirements:
i. Administration 20
ii. Sales 11
iii. Production-Direct 119
iv. Production Indirect 15
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Total 165
Production Plans, Sales Revenue and Profitability:
Years I II III IV V Production Plans (Kgs) Gold Jewellery 1500 2100 3000 4500 6000 Silver Jewellery 4500 5040 5400 5400 5400 Sales Revenue (Rs. Lacs) Exports 527.63 642.92 781.65 2541.97 3252.49 Local Sales 1149.00 487.22 951.20 4493.09 5817.38 Profitability 81.52 175.88 292.16 633.67 975.39 (Net after taxes).
The above estimates are based on specific market rates for normal quality products and they may vary depending on product to product and market to market.