How to Start a Safety Pin Making Business in India: Do you want to start a home-based small scale profitable business? Then you have to go through this blog as it would be the greatest match for your thoughts. Here is the idea – Starting a safety pin making business from home. For this now we will clearly explain you the process, steps involved, raw materials required and the cost involved.
A step by step guide to how to start a safety pin making business
A safety pin is used in many purposes, and compared to other pins it is a different type of pin that includes a simple spring mechanism and a hook or a press-stud. People use it to clasp the pieces of fabric or used in clothing together. Not only that, women use these safety pin as an accessory in jewelleries like earrings, chains, and wristbands as a fashion icon now a days.
The safety pin product has a wider domestic application and in fact it is required for daily use. Hence this would be our main point to start the business. This business has an advantage as it can be started by any individual and it requires only a small capital investment. You might think of the next step after production, never worry about that as it has both offline and online market opportunities.
The major advantage in this business is that you can either start this business both as a part-time or full-time basis and this business has a potential of earning within a short duration of time. You can also implement few ideas to make them as decorative ones as the women will be attracted towards such kind of products.
Guide to start safety pin making business
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The first question that pops-up in your mind is that how much space is requires; do I need to rent a space; etc. no keep a check to all these questions as it requires very less space and hence it can be started anywhere including your home. In this article, we will discuss about how to start the safety pin making business from home. You just need a specific workspace to keep the machine and the raw materials along with the finished products required for the business.
Safety pin making machine
The first step to start safety pin making business is purchasing the safety pin making machine which should be very user-friendly. You can use the machine and start to operate it after going through a demo session. It is easy to produce different types of pins as you use only a single type of raw material. Hence it would be easy to produce different types of pins. But you should never compromise with the wire quality as it is the most important thing in the business. The main parameters of the machine includes the following
Parameters of the safety pin making machine
The main parameters of the safety pin include the following. You need check all these parameters before purchasing the machine-
- It should hold the capacity of producing a minimum of 65-85 pieces/min.
- It should be able to produce the pins of the wire having a diameter of 0.5 to 1.8 mm.
- The space of the machine should be 8m in length and 2 m in width.
- The total power consumed is 5.95 KW
- The most suitable material for making the safety pins is galvanized wires.
- The machine has to work for 8 hours per day; you need to select the motor capacity in such a way.
The cost of the safety pin making machine
The cost of safety pin making machine ranges from Rs. 1 lakh 50 thousand to 5 lakhs as it is mainly based on its capacity of production and other parameters. It is up to you to select the machine based on your budget and business setup.
Licensing and registration for safety pin making
Based on the size of your business you need to get registration from local authority to start your business. The other registration required is GST, no pollution certificate, etc. D not forget that you need to meet the required norms in disposing the waste materials. You may directly contact State Pollution Control Board where ever it is applicable.
Raw materials required for safety pin making
The raw materials used for the production of safety pins are common metals such as spring steel, brass, and stainless steel. Most of the safety pins are made without critical strength requirements are made from spring steel, an alloy of iron that has high carbon content (more than 0.5%). The carbon added to iron, spring steel can have the highest strength and resiliency which allows its flexibility and returns to its original shape after usage.
Manufacturing process of the safety pin
It is completelyautomatic and the specialized machines have been developed to perform different steps that replace many workers and increases efficiency of the manufacturing process. Based on the capacity of the machine you can make a minimum of more than 1 lakh pins per day.
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Generally, with a single material as mentioned above in the raw materials section, you can produce safety pins of your own choice. However, the wire gauge may vary based on the material you choose to use in making the safety pins. Make sure that you are using a quality rust-free pin hence you need to get a quality rust free steel wire. The machine converts the wire into the shape of the safety pin and the head of the safety pins is made in a separate step.
Finishing and packaging of the safety pins
The finished pins are loaded into perforated plastic baskets or tubs or any storage device. If plating is required, then the steel pins are generally chromed, whereas the brass pins are nickel plated. To do the electroplating the pins are shaken by the rotating tank to ensure for an even coating of the safety pins.
Later the pins are rinsed off with water to remove the traces and then they are placed in another tank, where another chemical bath which gives them their final polishes evenly. Now the pins are washed in detergent solution and then given with a wax finish. The final pins are packed in a box each having 10 pieces per it but for more others they ask for more numbers.
Future for safety pin business
Even though many generations have passed the demand for safety pins did not decrease, and they there is replacement for the safety pin. Its simplicity and usefulness seem to guarantee its future into the next century. There is still a huge market for safety pins even in the less industrialized nations. In India, the safety pins and the sewing needles are being used fromgenerations together which are passed on from mother to daughter. In an economy such as this, people do not have easy access to alternative fasteners, and great value is placed on what many of us perceive as a commodity item.
Where to sell safety pins after production
It is better to concentrate on the retail distribution shops. You can sell them in bulk quantity to the local retailers available in and around your area. Apart from this you can also concentrate on online selling. In online selling you can get higher profits than the retailers. Hence it is better to target more on the online selling apart from these retailers. There are several online marketplaces where you can sell your products for example Facebook market place.
Cost to start a safety pins making business in India
The minimum costs involved in production of safety pins are Rs. 2,00,000 including the machine and raw materials cost.
You can get the returns within in 3-4 months. It is purely based on the marketing strategies. Because you can sell each of the packet having 10 pins for Rs. 10 hence if you make 1 lakh pins then you can earn Rs. 1 lakh but remember that the prices vary in retailer shops. However even if you sell them at retailer shops with a price little less than the market price you can easily earn the profits within a maximum of 6 months. You may be interested in Raising Emu Birds for Profit Information.
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