INTRODUCTION

Umbrellas are very commonly and extensively used in our country to protect against sun and rain. The demand for umbrellas depends on different climatic conditions, increase in population, and general increase in income and change in social outlook. There are different types of umbrellas such as straight (ordinary) and folding umbrellas used by gents, ladies and children.

MARKET POTENTIAL

The demand for umbrellas depends on climatic conditions, increase in population, change in social outlook and customs, export possibility etc. The maximum demands are in the rainy season. The demand for umbrellas is expected to increase by 7 to 10% during the next five years in our domestic market.

BASIS AND PRESUMPTION:

The scheme is based upon single shift in a day and 300 working days per annum with 75% of efficiency, whereas in the project profile the Break Even Point is calculated on full capacity utilization basis. The cost of machinery, raw material, finished products, salary, interest etc. are taken as prevailing in the market jurisdiction. No wastage of raw materials/rejection margin during the whole process of Umbrella manufacture is taken into account in this scheme since the products are made by manual assembly only and turnover worked out accordingly.

IMPLEMENTATION SCHEDULE

The total time expected for commercial production in regard of this project is deemed to be three months from the date of sanction of loan. During this period the projected equipments can be purchased electric power supply obtained, essential product components/various parts and miscellaneous stores purchased.

TECHNICAL ASPECTS

(i) Process of manufacture

Various parts are procured from outside. The cloth is cut to size and stitched. All parts are assembled manually to form the umbrella. Experienced workers do the cutting of the cloth stitching and the parts assembly. Mostly they are paid on Contract basis. For folding umbrellas, the complete frame with handle is readily available and the cloth is stitched and assembled. Manufacturers’ brand name is stamped on the cloth.

(ii) Quality Specification:

IS: 2920/1964 prescribes the requirements for complete umbrella. The cloth should be water proofed. All the parts must be good quality. The umbrellas after assembling must be thoroughly checked to ensure quality.

The quality and finish of the end-product depends mostly on the excellence of the various components bought out for assembly and the skill ness of the workmanship rendered in the process of assembly of umbrellas.

(iii) Production Capacity

This Project Profile envisages the manufacture/assembly of 5000 nos. of two-fold umbrellas and 4600 nos. of three- fold umbrellas valued TO Rs.11.00 lakhs per annum.

(iv) Motive Power requirements:

Three-phase power supply is not needed for this project. Only single-phase domestic power connection for light, fan and 5 Amps/15 amps multi power plug facility will meet the power requirements.

(v) Pollution Control

The Govt. of India is giving outmost importance and taking vigorous steps to control environmental pollution level which has now reached serious proportions that was started to threaten the very existence of animal, plant lives and human health. However, the manufacture/assembly of umbrellas does not cause to any kind of environmental pollution. Therefore no specific pollution control equipments are needed for this umbrella assembly project.

(vi) Energy Conservation:

Electrical Energy is the major constituent of the conventional energy forms used by the industries. There is a shortage for this form of energy in the country. A wide gap exists today between the demand and supply of electrical energy, as the generation of electrical, energy is not increasing in proportion with the growth of industries. In view of this, there is a need for efficient management and optimum use of electrical energy to minimize wastage and loss of energy. The energy thus saved can be used for more productive applications. Also the energy can be saved to a good extent by arranging skilled manpower, installing qualitative plant, machinery and equipments and adopting advanced tooling methods.

FINANCIAL ASPECTS

1 .Land & Building
Covered area 100 sq. meter – Rented

2. Machinery & Equipments

1) Steel Ribs
2) Plastic handles – various designs                   )
3) Steel tubes (chrome plated)                          )
4) Ferrule caps                                                 ) 800 Nos. – Double
5) Notches                                                       ) fold & thrible fold types
6) Runners                                                       ) umbrella (500/550 mm size)
7) Spring ball cups                                           )
8) Water proof cloth                                        ) Rs.55,000/-                                                                          (2)

c) Other expenditure (PM)

Financial Analysis

2. Turnover/Total Sales (P.A.)

3. Net Profit (PA)

4. Net Profit Ratio

5. Rate of Return

Profit x 100              = 1,51,258 x 100
--------------------   --------------------
Capital Investment               2,41,900

Say = 62.50%

Fixed Cost x 100
--------------------------
Fixed cost + Profit

Fixed Cost (PA)

SUPPLIERS OF MACHINERY:

1. M/s. Appliances Corner
    Chettiyangadi Junction
    Trichur-1.

2. Local dealers of Usha & Merrit Sewing Machine

SUPPLIERS OF UMBRELLA PARTS

1 .M/s. All India Tube Corporation
    Mahal Industrial Estate
    Mahakali Caves Road
    Andheri East, Bombay-400 093

2. M/s. A.1. Tube Corporation
    B-15, First Floor
    Mohd. Kishore Industrial Estate
    Off Mahakali, Caves Road
    Andheri East, Bombay-400 093

3. M/s. M.P. Metal Industries
    Kalbadevi Road, Bombay-400 002

4. M/s. Lion Engg. Company
    94, Eat Avanimoola Street
    Madurai, Tamilnadu

5. Excell Engg. Company
    Plot No.18, Street No.3
    Maharashtra Indl. Development Corpn. (MIDC)
    Andheri East, Bombay-400 093

6. M/s. Sunil & Company (P) Ltd.
    Mumbai,, Maharasthra (India)

7. M/s. Kothari & Co.
    71, Wheeler Road
    Cox Town, Bangalore-560 005

8. M/s. Three M. Metal Manufacturing Co.
    82/84, Babujanu Road, Bombay-400 002

9. M/s. Lakoda Plastics
    10/17, Sadguru Kadam Baba Lane
    Dr. M.B. Velker Street
    Bombay-400 002

10. M/s. Saint Nagjee Purushotham & Co. (P) Ltd.
      P.B. No.36, Trikoil Lane
      Big Bazar, Calicut-673 001

11. Shree Tarakeshwar Supply Co.
      1/8, Jayamohan Shah Lane
      Calcutta-700 007

12. M/s. Goyal Brothers
     10, West Sardar, Thana Road
     New Delhi-110 006

13. M/s. Fujee Umbrella Pvt. Ltd..
      Mysore-570 016