Project report for Self priming motor manufacturing

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Introduction

The self-priming sector in India, which employs more than 15 million people, next only to agriculture. Therefore, any improvements in the same sector affect a number of associated industries such as electrical, raw material, technology, skill-enhancement, etc. Small and medium-sized engineering units are engaged in the manufacture of auto components, metal parts of electronic industries, machine tools, cutting tools, sheet metal products, and fabrications, textile machinery, precision gauges and heat treatment and surface treatment instruments, etc. In the fast developing era of manufacturing industry, General Engineering Industry has its own growth. This is the time people are thinking of manufacturing of the self-priming motor or domestic flour mill and other engineering products with maximum facilities and attractively, at low cost. It can be manufactured in various attractive designs. The project report for self priming motor manufacturing describes the details on all aspect.

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Product / Services & process

The proposed products of the unit are electric products. Major products/services are

  1. Self-Priming Motor

  2. Domestic Flour Mill

The products are, generally made as per orders from customers. Materials used are normal self-priming body, electric coil, hardware, wood electric penel etc.

PROCESS:

The raw materials such as self-priming body, electric coil, hardware, wood electric penel or various gauges are procured from nearby wholesale market. With the help of drawings and designers, the products are fabricated with the help of skilled workers. The work order is collected directly or through agents/ marketing executives. An advance amount will be collected at the time of receiving the work order, to ensure the commitment. Experienced workers are required for the measurements and designing. Only skilled workers can do the cutting, welding and fabrication works accurately. The work is time bound and without the help of skilled labour, the order cant execute in time. The step by step process is:

  1. Turning work of Body

  2. Electric Fittings

  3. Hardware Fittings

  4. Colour Work

  5. Packaging

  6. Dispatch

Plant & Machinery / Equipments

The plant and machinery including tools include welding set, drilling machine, grinding machine, cutting tool, hammer, vice, chisels, furniture etc. Regarding welding sets, both gas welding as well as electrical welding sets are required. For out door works, light weight induction welding machine is also needed. The proposed machines and tools are procured from reputed machinery and tool suppliers with utmost care. The machinery/equipment required are:

Sl.No

Name of Machine/ Equipment

Manufacturer/ Supplier

Rate (in Rs.)

Quantity

Total Amt

Remarks

1

Drill Machine, CNC , Electric Testing Machine, Other Misc Equipment        NA 25,00,000 1 Nos Each 25,00,000 NA
 

 

Market potential & Strategy

The Indian Engineering sector has witnessed a remarkable growth over the last few years driven by increased investments in infrastructure and industrial production. The engineering sector, being closely associated with the manufacturing and infrastructure sectors, is of strategic importance to India’s economy. India on its quest to become a global superpower has made significant strides towards the development of its engineering sector. The Government of India has appointed the Engineering Export Promotion Council (EEPC) as the apex body in charge of promotion of engineering goods, products, and services from India. India exports transport equipment, capital goods, other machinery/equipment and light engineering products such as castings, forgings, and fasteners to various countries of the world.

The capital goods and engineering turnover in India are expected to reach US$ 125.4 billion by FY17. India exports its engineering goods mostly to the US and Europe, which accounts for over 60 percent of the total exports. Recently, India's engineering exports to Japan and South Korea have also increased with shipments to these two countries rising by 16 and 60 percent respectively. Sri Lanka, Nepal, and Bangladesh have also emerged as the major destinations for India's engineering exports. Demand in the domestic market also increasing at a fast pace. A market study in this regard reveals the high potential of a general engineering unit due to the flourishing construction activities in the area and scarcity in the supply of fabricated gates and grills. Numerous industrial, educational, commercial, service and financial institutions are located around the unit. Most of the people living around the unit belong to the middle class and they have sufficient purchase power.

Marketing Strategy

Marketing is the decision making factor of any enterprise and by knowing this, the promoter has taken all possible ways to market his products and services by canvassing works from builders, contractors, and house owners. The small contractors as builders, electricians, plumbers etc. will be canvassed for work orders on a commission basis. The promoter will use his wide personal contacts also for grabbing orders. The promoter can easily understand the taste and needs of the customer due to his several years of experience, which will help him in marketing his products and maintain customer satisfaction.

 

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