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Stitching Wire - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Economic

Stitch wire used for stitching cardboard carton/boxes in stitching paper notebooks, books, paper boxes etc. This is a product, which enjoys a large demand in industrial areas. Stitch wire is produced from standard wire rod of mild steel drawing to thin gadgets of wires of circular cross section followed by flattening. It comes in the shape of coil, with a bundle weighing from 80 to 300 kgs. Stitch wire is used in all such industries where stitching work is required. It is used in press to stitch the books, cardboard boxes, corrugated Boxes etc. it is used in paper box making industries to stitch the paperboard. It is also used to make the staples, which are used to staple the loose papers in all offices. There are many large scale and small-scale units manufacturing the stitch wire. But only few of them are producing the proper quality stitch wire for stitching purposes. Some wires are hard & brittle which break during stitching while some of them are so soft that they are not capable to bind the papers tightly. The flat low carbon steel wire is an essential raw material for corrugated board & boxes industry, paper boxes etc. These boxes are light and inexpensive. The market for such boxes is ever increasing for packaging of fragile and other industrial products. The demands for paper box stitching wires are directly related to the growth of board and boxes industry. The Federation of Corrugated Box Manufacturers (FCBM) of India is concentrating in identification of new areas of demand. According to the FCBM report. The craft paper consumption in this industry is increasing rapidly. Engineering, Electronics, Horticulture, Defence, Textiles, processed foods, Soaps and detergents, Cosmetics, Handicrafts, chemicals, insecticides, Glass, plastic/rubber goods, Agarbatti, cigarettes, Home appliances, leather goods, moulded luggage and various other industries are increasingly using the corrugated board boxes for safe & light packing. The over all picture of demand & supply indicates that the existing market can be greatly enlarged. Looking at the accelerating demand prospects, the capacities of card board boxes industries are being improved rapidly, and new & highly productive machines are being developed & installed. Moreover, the wire drawing unit in India has grown to a very good level. All types of drawn wires are readily available indigenously to cater to this industry with the major raw materials of specified quality. The flat stitching wire industry can take the advantage of this imminent bright scope in future. New entrepreneur should venture into this field.
Plant capacity: 15000 MT/AnnumPlant & machinery: 8 Lakhs
Working capital: -T.C.I: 215 Lakhs
Return: 48.00%Break even: 31.00%
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