How to Start A Elastic Rubber Band Manufacturing Business In Small Scale

 

today we look in the business how to

start a elastic rubber band

manufacturing business in small scale

the rubber band is a beneficial

consumable item for regular use

additionally that its demand will

continue to be unchanged within the

future also

you could provoke the rubber band making

project by putting in a few easy

machinery

rubber band marketplace ability is

massive and the industry will develop at

over nine percent consistent with anam

this decade

you can start rubber band making small

manufacturing business through utilizing

a small amount of capital and a few

machinery from your own home also

if you want to start a rubber band

making business

then here in this video we put a

detailed plan guide for

how to start a elastic rubber band

manufacturing business in small scale

with machine manufacturing process

licenses

and much more market potential for

rubber bands

rubber bands are one of the most

comfortable products

it is also widely used in agriculture

automotive

packaging and newspaper industries it is

also used as a durable item for the home

consumer

the rubber product manufacturing

industry consists of a large number of

small companies

that typically focus on a particular

product segment or market sector

the demand for rubber bands is enormous

and there is a great opportunity to set

up a production schedule for rubber

bands

the reason for this is that the per

capita consumption of rubber in the

industrialized countries is 0.8 kilogram

india is likely to become the world's

third largest producer of natural rubber

after thailand and indonesia

rubber board sources said the rubber

industry is expected to grow more than

nine percent

annually for this decade the rubber band

market is huge and there is enormous

opportunity in establishing a production

plan

investment for the rubber bands business

the cost to be invested on this rubber

bands making depends on your capability

and level of business

if your start rubber band making small

scale manufacturing business from your

home

then the following investment is

required cost for machinery and

equipment is 1.5 lakh

cost for raw materials is 20 000 rupees

to 30

000 rupees packaging cost us 5 000

rupees to 10

000 rupees the cost involved in

marketing the product is 5

000 rupees to 10 000 rupees the total

cost

involved in initiating a rubber band

making business as one lakh eighty

thousand to two lakh

business registration for rubber band

making in starting a rubber band making

business

your next step is obtain different

licenses and registration by follow

government rules and permits

first of all you need to get trade

license and gst registration

then apply for pollution certificate for

the business

and apply msme registration for this

registration will allow you to take the

government facility and scheme

finally secure your company name and

brand by applying for trademark

area required for rubber band making

business

you can start the rubber band making

business from your home

you will need enough free space and

local authority approval for a home

business

the minimum area for rubber band making

business as 1000 square meters

if you are choosing commercial space for

business then make sure the place has

electricity and water supplies

raw material for rubber bands the raw

material required for rubber band making

small manufacturing businesses available

throughout the year

therefore while purchasing raw material

you should be aware of the quality and

rate of the raw material

for making rubber bands you need only

one raw material which is rubber band

tuber rubber band roll

you can purchase rubber band tube from

the online market like indiamart.com or

alibaba.com

the raw material according to size

thickness and quality

the price of rubber band tube is

approximately 180 rupees to 250 per

kilograms

machinery required for making rubber

bands there are generally two types of

machines for making rubber bands

one as hand operated and the other is

motor operated

you can set up a rubber band

manufacturing unit in two ways

first by using the rubber function as

raw material

and second by preparing the rubber

function in yours

with the second option the project costs

are higher and you deserve a better

margin

for the first option you need to buy

machines such as a weighing scale

cutter and packing machine basically

the manufacturing process is simple

moreover you can use the ready-made

rubber roll in this process

the cutting machine works automatically

so usually you cut the elastic rubber to

a specific size bands

for the second option you need to buy

machines

this list includes cutting machines

agitators drying racks crushers

molds dipping tanks vulcanization tanks

buckets and cups

rubber band making process you have to

follow a really simple and easy method

to

create elastic rubber bands further you

don't want any work expertise for this

manufacturing process

ready made elastic rubber tubes or

rollers used during this process

then cutting machine works automatically

and therefore the rubber bands of a

particular size are cut

in this method the most job is rubber

band cutting and packing

after a rubber band has been cut and

produced as the end product

it is made with the machine and sent for

packaging finally

once packing it you will sell it within

the market

marketing your rubber band business

proper marketing is important for any

business

you can sell your rubber band in local

markets and outdoors

you can hire a salesperson to help you

sell your rubber band

you can also sell your rubber band in

online there are many websites that sell

rubber bands online

if you choose the right business plan

and marketing strategy

you can make thousands of rupees per

month

we hope in this elastic rubber band

manufacturing business video will help

you in initiating your own business

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