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LED Light Manufacturing Business

LED Light Manufacturing Business – What Steps to Follow Before Opening this Business?

Starting a trade in India is not much hard in today’s time. But entrepreneurs need to have a good knowledge of the market and about starting a manufacturing corporation. Otherwise, risks can lead to the collapse of your business. In this report, we incline to focus on stuff entrepreneurs should see for starting a LED bulb manufacturing business. LED positions for the light emitting diode is a semiconductor when current pass complete this semiconductor it releases the light. LED is gaining enormous popularity every day and are existing in diverse colors, and the range varies from 2700k to 6500k. LED bulb eats low electricity and gives bright light as an output associate to CFL, old-style bulb, and tube lights. LED bulbs have an excessive life which is about 50000 to 80000 burning hours. LED goods have great response in local as well as global market LED light Manufacturing is a highly profitable business with substantial capital investment.

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NPCS’s detailed development report objectives to deliver you with all the straightforward data required. Below are the vital points to follow while starting this business:

  • Potential Market - LED bulb are spent low electricity about 0.6 watts and produce bright light as production; care cost of the LED bulb is around 1/10th of that old-style bulbs toughness of the LED bulbis also more as related to a normal bulb and the value of the LED bulb is low as associated to CFL and tube illumination, therefore, persons are moving in the direction of LED bulbs. LED bulbs with solar command input is one of the best mixtures to lessen the electric power consumption and is well-organized and green energy fast source available. The LED bulb will rise-up 25% yearly to reach 25 billion in 2022; hereafter LED Bulb Manufacturing has a huge business opportunity.

 

  • Registrations & Licenses - LED light manufacturingbusiness needs some license and cataloging from government authorities, certification depends on a pattern of LED light bulb you are treating or manufacturing

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1.     Registration of Firm:

2.     Bureau of Energy Efficiency Certification

3.     GST Registration

4.     Trade License:

5.     Pollution Certificate:

6.     MSME/SSI Registration:

7.     Trade Mark:

  • Capacity Required - It is prudent to start LED Bulb Manufacturing Businessin the engineering area because LED light manufacturing unit response specific space for the industrial process. The location must be available by carriage, also the raw solid supplier should be made to the site. It is worthwhile to divide the area location into three compartments one is for treating unit, second compartment as a storing room, the last compartment is for assemblage and analysis of the LED light bulb

  • Essential Raw Material and Machinery -There are certain equipment are available for the LED light manufacturing you have to choose the machinery permitting to exact kinds of LED you want to yield in the production unit As per the specific kind of LED, you should source the assembling advanced technology. For the most part, a share of the Govt. associations gives the gathering innovative technology to the specific measure of expenditures. it is appropriate to get innovative technology from consistent sources. Raw material and machinery required for LED light manufacturing are

1.     Connecting wire

2.     Heat-sink devices

3.     Packaging material

4.     Plastic body

5.     Reflector plastic glass

6.     Candlelight assembly machine for LED

7.     High speed LED mounting machine

8.     LED PCB assembly machine

9.     Packaging machine

10.   Soldering machine

INDIAN LED LIGHTING MARKET GROWTH (2015-2019)

S. No.

Year

Total market (US billion dollars)

Domestic Manufacturing (US billion dollars)

1.)

2015

0.32

0.13

2.)

2016

0.79

0.36

3.)

2017

1.26

0.56

4.)

2018

1.74

0.84

5.)

2019

2.3

1.4

  • LED Light Manufacturing Process - Step 1) Making semiconductor wafer Step 2) Adding epitaxial layers Step 3) Mounting and packaging
  • Market for Trade - You can target the local electronics shops to sell your LED light bulb. Marketing LED bulbs at the wholesale market of your city is a major portion of trade in this business. Exporting of LED bulb to other nations is a great option by you just need IEC code which is required for the exportation and a good marketing system .You can endorse a product with both outdated and online promoting strategies Delivery network and Retailer is the best advertising option for this business, also study the business to business and industrial selling option, bulb Join the local business connotation connected to the energy production industry, trade fares are a prodigious place to endorse your LED light industrial brand. Producing a website and posing a blog on a website can attach and generate customers

Thus, the LED business tends to furnish the Indian economy. About 40% of LED bulbs produced in India are transferred outside. Resulting in all these, it is resolute from the article that the LED bulb industrial business is a lucrative venture. NPCS’s project consultancy and market research fields put forward the developing scope for LED bulb production at the industrial level.

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

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Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

And before diversifying/venturing into any product, wish to study the following aspects of the identified product:
  • Good Present/Future Demand
  • Export-Import Market Potential
  • Raw Material & Manpower Availability
  • Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

Reasons for buying the report:
  • This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.
  • This report provides vital information on the product like its definition, characteristics and segmentation.
  • This report helps you market and place the product correctly by identifying the target customer group of the product.
  • This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.
  • The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.
The report contains all the data which will help an entrepreneur find answers to questions like:
  • Why I should invest in this project?
  • What will drive the growth of the product?
  • What are the costs involved?
  • What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product. The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

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  • The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players.
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Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

Introduction
  • Project Introduction
  • Project Objective and Strategy
  • Concise History of the Product
  • Properties
  • BIS (Bureau of Indian Standards) Provision & Specification
  • Uses & Applications
Market Study and Assessment
  • Current Indian Market Scenario
  • Present Market Demand and Supply
  • Estimated Future Market Demand and Forecast
  • Statistics of Import & Export
  • Names & Addresses of Existing Units (Present Players)
  • Market Opportunity
Raw Material
  • List of Raw Materials
  • Properties of Raw Materials
  • Prescribed Quality of Raw Materials
  • List of Suppliers and Manufacturers
Personnel (Manpower) Requirements
  • Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel
Plant and Machinery
  • List of Plant & Machinery
  • Miscellaneous Items
  • Appliances & Equipments
  • Laboratory Equipments & Accessories
  • Electrification
  • Electric Load & Water
  • Maintenance Cost
  • Sources of Plant & Machinery (Suppliers and Manufacturers)
Manufacturing Process and Formulations
  • Detailed Process of Manufacture with Formulation
  • Packaging Required
  • Process Flow Sheet Diagram
Infrastructure and Utilities
  • Project Location
  • Requirement of Land Area
  • Rates of the Land
  • Built Up Area
  • Construction Schedule
  • Plant Layout and Requirement of Utilities
Assumptions for Profitability workings
Plant Economics
Production Schedule
Land & Building
  • Factory Land & Building
  • Site Development Expenses
Plant & Machinery
  • Indigenous Machineries
  • Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets
  • Furniture & Fixtures
  • Pre-operative and Preliminary Expenses
  • Technical Knowhow
  • Provision of Contingencies
Working Capital Requirement Per Month
  • Raw Material
  • Packing Material
  • Lab & ETP Chemical Cost
  • Consumable Store
Overheads Required Per Month And Per Annum
  • Utilities & Overheads (Power, Water and Fuel Expenses etc.)
  • Royalty and Other Charges
  • Selling and Distribution Expenses
Salary and Wages
Turnover Per Annum
Share Capital
  • Equity Capital
  • Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals
  • Revenue/Income/Realisation
  • Expenses/Cost of Products/Services/Items
  • Gross Profit
  • Financial Charges
  • Total Cost of Sales
  • Net Profit After Taxes
  • Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements
  • Current Assets
  • Gross Working. Capital
  • Current Liabilities
  • Net Working Capital
  • Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets
  • ROI (Average of Fixed Assets)
  • RONW (Average of Share Capital)
  • ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios
  • D.S.C.R
  • Earnings Per Share (EPS)
  • Debt Equity Ratio
Annexure 7 :: Break-Even Analysis
  • Variable Cost & Expenses
  • Semi-Var./Semi-Fixed Exp.
  • Profit Volume Ratio (PVR)
  • Fixed Expenses / Cost
  • B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume
  • Resultant N.P.B.T
  • Resultant D.S.C.R
  • Resultant PV Ratio
  • Resultant DER
  • Resultant ROI
  • Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status
  • Equity Capital
  • Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks
  • Determined Capacity P.A of Products/Services
  • Achievable Efficiency/Yield % of Products/Services/Items
  • Net Usable Load/Capacity of Products/Services/Items
  • Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation
Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit
Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,
Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit
Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses
Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges
Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses
Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses
Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)
Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)
Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits
Annexure 35 ::Projected Pay-Back Period And IRR