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SUCCESSFUL PROJECTS IN KERALA

1. BPO 2.HOLLOW BRICKS 3.PAPER CARRY BAGS 4.PAPER CUP & PLATES 5.FOOD PROCESSING INDUSTRIES 6.SOLAR POWER UNIT 7. U P S MANUFACTURING 8. GARMENTS MANUFACTURING 9. HANDICRAFT MANUFACTURING 10.TYRE RETREADING

Uninterrupted Power Supply Product and Applications Continuous power has to be supplied to certain essential equipments like control systems in power plant, process plants and computer installations. Wherever such continuous power supplies without failures for even a fraction of a millisecond are required one has to provide Uninterrupted Power Supplies (UPS). These systems provide power to the connected load even if the mains fail for a fraction of a second under any condition. The UPS utilizes the domestic power at 230 volts for charging the battery while the battery provides DC supply to generate 230 volts AC in case of power breakdown. The range of power varies from 500 VA to 250 KVA. Units offering 1KVA, 5KVA, 10KVA, 50KVA, 100KVA, and 250KVA are available. Industry Profile and Market Assessment The UPS of large capacity for Industrial uses are manufactured by large licensed units. The smaller capacity Systems are manufactured in Small scale sector. The licensed capacity of individual unit varies from 500 to 1100 nos per annum. Due to chronic power shortage in almost every State and the growth of industry, this product has ample scope. Both the larger capacity UPS and the smaller ones needed mainly in computer sector has a good growth potential. The computer industry is a high growth industry and under the present operating systems every PC requires an uninterrupted power supply for smooth functioning of the computer. A small unit with a manufacturing capacity of 100 units per annum can easily fit in the system. Manufacturing Process & Know How It consists of Power supply circuit, highly stable regulated output voltage short circuit protection facility, DC power generator or battery backup, Inverter circuits, Ripple and noise suppression circuits. DC power is inverted and AC output is regulated well. Control circuits are provided to switch over to this supply immediately when there is a power failure. This is manufactured like any other Power Supply except that the regulation and control circuits have to be doubly checked before final assembly, testing and packing. All kinds of tests like Temperature, Humidity etc. have to be conducted along with the normal tests for its different parameters. A good quality transformer and inductance winding facility is required. Indigenous Technology is well updated. There is no restriction on foreign know how. Normal requirement is in the range of 10 to 50 KVA . However there is also demand for the smaller versions mainly from the computer users. For the purpose of calculation 10 KVA unit at a selling price of Rs. 1.5 lakhs is taken. A sale of 100 units per annum is estimated for a typical manufacturer. Plant and Machinery The major plant and machinery involved in the operation include Oscilloscopes, bridges, Digital multimeters, power supplies, signal generators, pulse generators, automatic testing systems, modular design system, soldering iron, Presses, punches, drilling machine, winding machine, Testing set up. The total cost of machinery is estimated to be approximately Rs 100 lakhs. Raw material and Components The major components involved are coils, transformers, transistors, integrated circuits, capacitors, microprocessors, cabinets, panels, DC power generators etc. The total cost of raw material and components is estimated to be approximately Rs. 60 lakhs. Land and Building : The project requires a built up area of 300 sq.mts. and the open land area of 900 sq.mts. The total cost of building is estimated to be approximately Rs. 10 lakhs. The cost of land will vary from place to place. Manpower For smooth functioning of the unit the requirement of man power is expected to be as follows: Supervisors 2 nos Office staff 3 nos Skilled workers 5 nos Unskilled workers 10 nos Salesmen/Technicians 3 nos. The total salary bill annually will be Rs. 7.20 lakhs. Cost of Project Rs. lakhs Land & Building 10.00 Plant & Machinery 100.00 Margin money 2.20 Total 112.20 Profitability Rs. lakhs Sales 150.00 Raw material 60.00 Salary 7.20 Sales expenses 15.00 Other expenses 15.00 Depreciation 15.00 Interest 11.60 Cost of production 123.80 Profit 26.20 Requirement of Working Capital W.C Margin money Raw material 15 days 2.50 0.63 Work in process 7 days 1.89 0.47 Stock of finished goods 15 days 5.16 0.51 Working expenses 1 month 0.60 0.60 Margin money for W.C 2.21 Break Even point 65% at 80% capacity 52% at installed capacity Rate of return on Investment Profit x 100/Capital = 23.35% Machinery Suppliers Mechanical working machines: Swastic Drilling Co. Ltd. 2778/8 Hamilton Road, Mori Gate, New Delhi Electronic Scientific instruments: Suppliers on Ansari Road, Daryaganj, New Delhi. Zeal International, 1, Netaji Subhash Marg, Daryaganj, New Delhi Tektronix India P. Ltd. 12, Mahalakshmi Avenue, Thiruvanmiyur, Chennai

qualities of entrepreneur

Qualities of Successful Entrepreneurs 2 comments, 1 called-out Comment Now Follow Comments So, what exactly is entrepreneurship? That’s a question I get a lot and it’s a tough one because there are almost as many definitions of it as there are entrepreneurs. My favorite definition is from Harvard Business School professor Howard Stevenson. He states, “Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled.” An Accidental Entrepreneur Patrick Hull Contributor What Is It Like To Be A Startup Founder? Quora Contributor Why Arguing About An Entrepreneur's Age Misses The Point Drew Hansen Contributor I actually keep this definition in the Notes app on my iPhone with a few other inspiring quotations. It perfectly captures the nature of entrepreneurship and highlights some key qualities that successful entrepreneurs share. Entrepreneurs are confident in themselves and their abilities. They recognize that they don’t know everything or control all the available resources. Instead, they have a keen ability to understand what they need. Then, they go get it. They educate themselves or partner with others who have a needed skill set or experience. Richard Branson, my friend and a great entrepreneur, introduces the Virgin Galactic VSS Enterprise spacecraft before its first public landing. (Image credit: AFP/Getty Images via @daylife) The ability to understand and see opportunity is critical for success. Entrepreneurs like to challenge themselves and search for opportunities. Of course, entrepreneurs are less risk averse than many, but they don’t take foolish risks. Rather, they calculate the risks of a situation and will take the risk if they think they can beat the odds. I’ve taken many risks as an entrepreneur but only when I saw an opportunity and thought I had a good chance for success. I’ve aimed high, but have been smart about where I’m aiming. These qualities are evident in entrepreneurs that I admire most. Sir Richard Branson is at the top of that list. He is one of my business mentors and a close friend. He has identified opportunities across industries better than almost anyone else. He also is willing to take calculated risks with a clear plan in mind. In addition to Branson, I’m inspired by and admire Jeff Bezos of Amazon and Tony Hsieh of Zappos. Of course, Steve Jobs was an incredible entrepreneur as well. They all meet Prof. Stevenson’s definition of entrepreneurship and share the qualities I mentioned. They also have something else in common: they’re serial entrepreneurs who have reinvented themselves multiple times. That’s a theme I’ll pick up in the next post. In the meantime, feel free to share your definition of entrepreneurship.

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PMEGP AND ESS

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honey based beverages

1.0 Product and Its Applications Natural honey has been one of the man's earliest foods. Honey is mainly produced from flowers and plants that require insect pollination by honey bee (Apis mellifera). This is produced in almost every part of the world and can be consumed fresh or stored by canning or bottling. It is used in ayurvedic medicines, direct consumption sweetener, as an ingredient for cough mixtures, sedatives, etc. Natural honey is available throughout the country. Marketing of crude honey poses problems due to its unattractive appearance, presence of waxes, insect eggs, etc. Delicious ready-to-serve (RTS) beverages from clarified are consumed like fruit based RTS. Honey-ginger beverage makes an exiting and refreshing drink. 2.0 Market Potential RTS beverages are usually consumed for quenching of thirst and getting instant energy. Honey-based beverages have good taste and flavour. Sensory evaluation of the product has shown a good acceptability among consumers. 3.0 Basis and Presumption The unit proposes to work at least 300 days per annum on single shift basis. The unit can achieve its full capacity utilization during the 3rd year of operation. The wages for skilled workers is taken as per prevailing rates in this type of industry. Interest rate for total capital investment is calculated @ 12% per annum. The entrepreneur is expected to raise 20-25% of the capital as margin money. The unit proposes to construct own building as per F.P.O. specifications. Costs of machinery and equipment are based on average prices enquired from machinery manufacturers. 4.0 Implementation schedule Project implementation will take a period of 8 months. Break-up of the activities and relative time for each activity is shown below Scheme preparation and approval 01 month SSI provisional registration 1-2 months Sanction of financial supports etc 2-5 months Installation of machinery and power connection 6-8 months Trial run and production 01 month 5.0 Technical Aspects 5.1 Availability of Raw Material Honey, the basic raw material is available in the country in four forms viz., extracted honey, section-comb honey, chunk honey and pressed honey. The other raw materials required are ginger, sugar, citric acid, sunset yellow FCF and sodium benzoate. All the raw materials are readily available in local market. 5.2 Process of Manufacture Technology for the manufacture of RTS beverages from honey is available with CFTRI, Mysore. For honey-based beverage, hot sugar syrup is prepared by using sugar, citric acid and water. A known quantity of honey is added to the hot syrup and heated to the desired temperature. Fresh ginger is washed thoroughly, peeled, sliced and homogenised with a little quantity of water in a waring blender. The slurry is boiled with water for a specific time after adding citric acid. After setting, the clear liquid is decanted and filtered. The clear ginger extract is mixed with the syrup prepared with honey, sugar and water. This solution is heated to a desired temperature. After cooling, the preservative is added and mixture is transferred to a sedimentation tank and allowed to settle for 24 hours. The beverage is further filtered. The clarified beverage is heated to the desired temperature and permitted food colour is added and then filled hot into sterilized bottles and crown corked. The manufacturers have to take a licence under FPO. 5.3 Quality Control and Standards As per FPO requirements 6.0 Pollution Control There is no major pollution problem associated with this industry except for disposal of waste which should be managed appropriately. The entrepreneurs are advised to take "No Objection Certificate" from the State Pollution Control Board. 7.0 Energy Conservation The fuel for the steam generation in the boiler is coal or LDO depending upon the type of boiler. Proper care should be taken while utilising the fuel for the steam production. There should be no leakage of steam in the pipe lines and adequate insulation should be provided. 8.0 Production Capacity Quantity 4,20,000 bottles Value Rs. 37.80 lakh Installed capacity 6 lakh bottles of 200 mL cap./annum Optimum Capacity utilization 70% Manpower 25 Utilities Motive Power 25 kW Water 10 kL/day Coal 50 kg/day 9.0 Financial Aspects 9.1 Fixed Capital 9.1.1 Land & Building Amount Land 250 sq.mtr 0.30 Built up Area 200 sq. mtr. 5.00 Total cost of Land and Building 5.30 9.1.2 Machinery and Equipment Description Amount (Rs. lakh) Steam jacketed kettles, stainless steel tanks, bottle washing machine, bottle filling machine, heavy duty crown corking machine, buchner funnels/flasks, vaccum pump, weighing scale, baby boiler, soaking tank, working tables etc. 6.00 Erection & electrification @10% cost of machinery & equipment 0.60 Office furniture & fixtures 0.40 Total 7.00 9.1.3 Pre-operative Expenses Consultancy fee, project report, deposits with electricity department etc. 0.70 9.1.4 Total Fixed Capital (9.1.1+9.1.2+9.1.3) 13.00 9.2 Recurring Expenses Per Annum 9.2.1 Personnel Designation No. Salary Per month Amount (Rs.lakh) Factory Manager 1 9000 1.08 Supervisors 2 6000 1.44 Office Assistant 2 5500 1.32 Store Keeper 1 4000 0.48 Boiler Man 1 4000 0.48 Skilled workers 4 2000 0.96 Unskilled workers 14 1500 2.52 8.28 Perquisites @10% 0.82 Total 25 9.10 9.2.2 Raw Material including packaging materials Particulars Qty (mt) Rate Amount (Rs. lakh) Honey 8.4 80000 6.72 Ginger 0.6 5000 0.03 Sugar 8.4 16000 1.34 Citric Acid 0.17 120000 0.20 Color & Flavour LS LS 0.21 Bottles 4.40 lakh 6.00 26.40 Crown corks 4.20 lakh 0.50 2.10 Total 37.00 9.2.3 Utilities Particulars Amount (Rs. lakh) Power 25/kW 1.80 Water 10kL/day 0.03 Coal 50 kg/day 0.07 Total 1.90 9.2.4 Other Contingent Expenses Particulars Amount (Rs. lakh) Repairs and maintenance @10% 0.70 Consumables & spares 0.22 Transport & travel 0.18 Publicity 0.20 Postage & stationery 0.08 Telephone 0.15 Insurance 0.12 Total 1.65 9.2.5 Total Recurring Expenditure Amount (Rs. lakh) (9.2.1+9.2.2+9.2.3+9.2.4) 49.65 9.3 Working Capital Amount (Rs. lakh) Recurring expenses for 3 months 12.42 9.4 Total Capital Investment Amount (Rs. lakh) Fixed capital (Refer 9.1.4) 13.00 Working capital (Refer 9.3) 12.42 Total 25.42 10.0 Financial Analysis 10.1 Cost of Production (per annum) Amount (Rs. lakh) Recurring expenses (Refer 9.2.5) 49.65 Depreciation on building @ 5% 00.25 Depreciation on machinery @10% 00.66 Depreciation on furniture @ 20% 00.08 Interest on Capital Investment @ 12% 03.06 Total 53.70 10.2 Sale Proceeds (Turnover) per year Item Qty Rate per MT Amount (Rs.lakh) RTS beverage packed in 200 mL glass bottles 4,20,000 9.00 37.80 Refund on returnable bottles 4,20,000 6.00 25.20 Total 63.00 10.3 Net Profit per year = Sales - Cost of production = 63.00 - 53.70 = Rs. 9.30 10.4 Net Profit Ratio Net profit X 100 Sales 9.30 X 100 63.00 = 14.77% 10.5 Rate of Return on Investment Net profit X 100 Capital Investment 9.3 X 100 25.42 = 36.58% 10.6 Annual Fixed Cost Amount (Rs. lakh) All depreciations 0.99 Interest 3.06 40% of salary, wages, utility, contingency 5.06 Insurance 0.12 Total 9.23 10.7 Break even Point Annual Fixed Cost x 100 Annual Fixed Cost + Profit 9.23 x 100 9.23 + 9.30 50% 11. Addresses of Machinery and Equipment Suppliers Batliboi Engineers (Bangalore) Pvt. Ltd. 99/2&3, N.R.Road Bangalore - 560 002 B.Sen Barry & Co. 65/11, New Rohtak Road New Delhi - 110 005 Gardners Corporation 158 Golf Links, New Delhi - 110 003 Narene Tulaman Manufacturers Pvt. Ltd. Balanagar, Hyderabad - 500 037 Raylon Metal Works Kondivitta Lane, J.B.Nagar, Andheri Mumbai - 400 059 Bajaj Maschinen Pvt. Ltd. 7/20-7/27 Jai Laxmi Industrial Estate, Site IV Sahibabad Industrial Area - 201010 Dist.Ghaziabad, UP SSP (Pvt) Ltd. 13th Milestone, Mathura Road Faridabad - 121003, Haryana Narangs Corporation P-25/90 Connaught Place New Delhi - 110001 Nirmal Services 2254/23 Rajguru Road, Chuna Mandi Paharganj, New Delhi - 110055 Ganson Ltd. 645 Anna Salai, Chennai - 600006 Grovers Pvt. Ltd. 223, Kaliandas Udyog Bhavan Prabhadevi, Mumbai - 400 025 Macneill and Magor Ltd. 4, Mangoe Lane, Kolkata - 700 001 12.0 Other Special Features A careful selection of product mix is necessary based on the local market demand and availability of raw materials. The facilities can also be utilised to manufacture squashes, jams, jellies, marmalades etc. for fuller utilisation of capacity.