22-11-2012, 03:47 PM
PROJECT PROFILE ON BICYCLE RIMS
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INTRODUCTION
Since the invention of wheels in the ancient times, transportation became easier, but due to increasing price of fuel and pollution generating mechanized transportation people has enforced and encouraged the use of bicycle. Among all the transportation mode bicycle was preferred most which has one of the major component called as Rim. Rims are manufactured in various designs and sizes depending upon the size of cycle/design of bicycle. The most common type of rims manufactured in India are roadstar model 28” x 1 ½ width. By changing the rolls, the desired shape of the rim can be obtained. Rims are generally manufactured in two thicknesses of strip i.e. 18 gauge (Heavy Duty) for cycle rickshaw and heavy load carrying on the bicycle and 20 gauges for general bicycle use. The project cost has been takenout for the manufacture of 28” x 1 ½“rims.
MARKET POTENTIAL
The requirement for bicycle/rickshaw is increasing day by day for the transportation, racing, and exercising purposes. The bicycle industry is growing at a fast rate and thus the demand for rims is bound to increase accordingly. There is also good export potential for the bicycles, in the developing and Middle East countries, which will also give a boost of the rim industry. There is thus a good scope for the development of the industry.
C) BASIS & PRESUMPTIONS
1. The basis for calculation of production capacity is on single shift, working of 25 days per month on 75 % efficiency. The required for achieving envisaged capacity utilization is assumed as one year.
2. BEP for the scheme has been calculated on full capacity utilization.
3. Rate of interest has been taken as 16% on an average. This, however, is likely to change depending upon the location of the project.
4. Labour wages have been taken on the basis of minimum applicable. There are likely to change depending upon the location of the project.
5. Rental charges of Rs. 35/- per Sq. Mtr per month have been taken on an average. This figure is likely to vary depending upon the location of the unit.
6. Margin money requirement differs from project to project and type of entrepreneurs such as women, SC/ST, physically handicapped etc. and the minimum margin money usual asked by the financial institutions and banks are 15%. Margin money up to 25% in some cases is also asked. The entrepreneurs may check the margin money requirement from financial institutions for the project.
7. Term of loan differs from one financial institution to another and in general minimum gestation period is normally 6 months and it could be up to 2 years. Maximum period for repayment of loan is 7 years including gestation period. The entrepreneurs from the concerned financial institutions may find the exact terms and conditions.
8. The cost of machinery and equipments as indicated in the scheme are approximate those ruling at the time of preparation of the scheme. The entrepreneur may check the exact price for specific make and model of the machine selected.
9. Non-refundable deposits, cost of preparation of project report etc. may be considered under preoperative expenses.
10. The provision made in other respects viz; raw materials, utilities, overheads etc. are drawn on the basis of standard variation and output. The cost indicated against each is approximate and based on local market condition and observations. The entrepreneur may find out the exact cost from the concerned sources.
11. The operative period of this project is estimated to be about 10 years considering technology obsolesces.
D) IMPLEMENTATION SCHEDULE:
Sl. No.
Activity
Period
Preparation of project report after calling quotations
a) Calling quotations
1 month
b) Preparation of report
2 weeks
ii.
Provisional Registration as SSI unit.
2 weeks
iii.
Financial arrangement
3 months
Purchase and procurement of machines and equipments
3 months
Installation of Machines and equipments
3 months
vi.
Electrification
1 month
vii.
Recruitment of Staff and Workers
1 month
viii.
Trial Production
2 weeks
TECHNICAL ASPECTS:
Process of Manufacture:
The rims are manufactured out of CRCA strips. The strip roll is mounted on the rim-forming machine and it is formed to the desired shape of the rim. When the strip is passing through the set of rollers the formed strip is cut to the required length and the ends are Welded on the butt-welding machine to make a round rim. The butt-welding seam is then grounded on the grounding machine. The rim is then put on the rim-rounding machine to get perfectly round shape. The nipple holes and valve holes are punched on the power presses. The wheel is then straightened on the straightening machine and it is passed on to the polishing section for buffing and polishing. The rims are then electroplated, polished and packed after inspection.
(ii) Quality Control and Standards
BIS 624-1991 is available on the rims and should be followed for quality control.
Production Capacity:
Item
Quantity
Amount (In Rs.)
Bicycle Rims
87000 pair of rims per annum
68,34,000/-
Power Requirement:
25 H.P.
(v) Pollution Control:
For electroplating process no objection certificate may be taken from pollution control board.
(vi) Energy Conservation:
Suitable efficient electrical motors should be used in machines with suitable shunt capacitors.