2. Business Model
My Business Model is to get in Manufacturing of Bolts and Nuts.Currently we Trade In
Manufacturing Of Bolts and Nuts.
Bolts- A bolt is an externally threaded fastener designed for insertion through
holes in assembled parts, and is normally intended to be tightened or released
by torqueing a nut.
Nuts- A nut is a type of hardware fastener with a threaded hole. Nuts are
almost always used opposite a mating bolt to fasten a stack of parts together
.
Users- Mild steel fasteners are widely used for all general purposes where high strength and
corrosion resistance is not required. Their low cost makes them ideal for everyday use. Mild steel
Bolts and Screws conform to grades 4.6 and 4.8 and Nuts to grade 4. Higher grades of 5.6 and 5
are also arranged against order.
BasicallyM.S.Bolts nuts are used in every Manufacturing Industry.
My Target Customers - 1. Tata Group 2. Usha Martin, 3. Adhunik Group, 4 Bokaro Steel Plant,
4. Rourkela Steel Plant 5. RSB Transmission.
My Project will be set up in Adityapur Industrial Area, Jamshedpur. This is a prime location
which has easy accessibility to Companies in and near Jamshedpur. Location has its own
advantages-it has accessible to JUSCO Power, Transportation Cost Would Be less.
Project Cost depends on the scale you are going to work on. Currently I am going to start with
one set of Automatic Plant and Machinery Cost which would cost me around 75 lakhs.
We are already an Registered Vendor of Tata Steel so whatever I am going to Manufacture,
alomost 80% will be procured by Tata Steel Itself. We are also in the Process of vendor
Registration in Few Companies so as to absorb our Production.
Basically Bolts and Nuts have huge demand andit is easily available in the market.
So if you want to make your Project Viable, You need to work with economies of scale resulting
in lower cost of production
Other Things Which Companies takes into consideration is
A. Timely Delivery of Materials.
B. Quickly Respond from vendors in case of any Urgent Requirement.
3. We Have received an appreciation Certificate from Tata Steel For Timely Delivery Of
Material which is given only to those vendors whose Compliance is above 90%. This
Certificate would be quite useful in Vendor Registraton with Other Companies.
Compliance- It is a measure to check Vendors Performance.
Economically Sustainability
The project is Economically Sustainable as it has huge demand for its products. Whatever you
are going to manufacture will be easily sold. It has huge exports Potential and it’s totally
depending on the scale of Operations.
Social Sustainability
Launching of this project would result in direct employment of minimum 10 Labours and
indirectly benefits 20 Person.
Environmental Sustainability
Manufacturing of Bolts Nuts is not detrimental to environment. We would create an very ecoFriendly Environment in the work area. A small Garden would be developed in Work Area. We
already have 5-6 trees in our factory Premises.
