Project report for hockey stick

Business Potential & Feasibility Analysis of Hockey Stick

• You can join the growing hockey scene, fueled by the Olympics, Hockey India League, and school games, with 1.5 lakh players in India in 2024.
• You can sell hockey sticks in India’s ₹500 crore local market and export to countries like Australia, earning ₹1,000 crore in sports goods yearly.
• You can target new markets in Southeast Asia, where hockey grows 5% each year, opening doors for more sales.
• You can meet the needs of pro players buying ₹5,000 composite sticks and amateurs choosing ₹1,000 wooden ones, covering all budgets.

• You can get wood at ₹200 per kg locally and fiberglass for composites at ₹1,500 per kg from suppliers in Gujarat or Punjab.
• You can make sticks by shaping wood or molding composites, growing from 1,000 to 10,000 sticks monthly with machines.
• You can spend ₹50–75 lakh on cutting tools and molding machines, using 5,000 square feet for your factory.
• You can use PMMY loans and sports grants from the Ministry of Youth Affairs to save 20% on startup costs.
• You can sell to players, over 2,000 schools, 500 clubs, and sports stores, pricing sticks at ₹1,000–₹5,000.
• You can rely on strengths like India’s hockey passion and cheap labor, but watch weaknesses like import taxes. E-commerce offers chances, while global brands pose risks.

Entrepreneurial Benefits and Business Trends of Hockey Stick

• You can launch a hockey stick business with ₹20–50 lakh, achieving 40–50% ROI in 2–3 years by selling 1,000 sticks yearly at ₹2,000–₹5,000 each.
• You can create a unique brand for India’s 1.5 lakh hockey players, standing out in the ₹500 crore sports equipment market.
• You can offer premium sticks, like carbon-fiber models priced at ₹5,000–₹8,000, targeting professional players for higher profits.
• You can benefit from Hockey India’s support and e-commerce platforms like Amazon, increasing sales by 20% annually.
• You can hire 10–15 local workers in hubs like Jalandhar, using their skills to produce quality sticks and create jobs.

• You can make lightweight sticks with carbon composites, cutting weight by 10%, which players prefer for better performance.
• You can sell customized sticks with player names, boosting sales by 15% among youth and amateurs.
• You can use social media influencers, like hockey players on Instagram, to grow brand reach by 25%.
• You can earn 30–50% profit margins, with sticks costing ₹1,000–₹3,000 to produce and selling for ₹2,000–₹5,000.

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