Pencil Manufacturing Business Idea: If you are interested in the pencil manufacturing business, then the information provided here will be very useful for you. We will tell you about a pencil-making business that can be highly profitable for you. A pencil may seem like a small product, but it has a huge customer base. All students studying in schools and colleges use pencils, and they are also used in offices and the corporate sector. This makes it a highly useful product.
To start a pencil business, where will you begin? How much does the machinery cost? How much investment is required? How much money can you earn from this business? We are providing important details about this below.
Paper Cup Plate Making Business
The pencil business is not a small-scale venture; it has now become a large project. You can start a pencil manufacturing business very easily and supply it in your city, state, and even across the country. If you want, you can launch your own new pencil brand. To start the business, you first need to conduct market research. You also need to finalize the location where you will set up your manufacturing unit.
Raw Materials Required for the Pencil Business
To start a pencil business, you will need different types of raw materials. You should contact wholesalers in your city to get information about these materials. Below is a complete list of the required raw materials, and you may also need some additional substances:
- Wood
- Graphite
- Glue
- Lacquer
- Ball Clay
- Paint
- Dryer
- Sandpaper
- Pigment
- Binder
- Varnish
Machinery Required for the Pencil Business
If you want to start a pencil business, after purchasing raw materials, you will need machines. To set up the business properly, you should buy machinery according to the list given below:
- Automatic Shaping Machine
- Wood Cutting Machine
- Embossing Machine
- Filter Press
- Ball Mill
- Kneading Machine
- Cutter Tool
- Electric Baking Oven
- Painting Machine
- Die Machine
- Gluing Machine
Investment Required for the Pencil Business
If you want to start a pencil business, you will need to make a significant investment. Generally, to start a good pencil manufacturing business, an investment of ₹15 lakh to ₹20 lakh is required. You will also need to obtain licenses, which will incur additional costs. If you do not have the required funds, you can apply for a business loan or seek funding under the Pradhan Mantri Mudra Loan Yojana.
Earnings from the Pencil Business
Although the initial earnings in the pencil business may be low, if you succeed in establishing a brand, you can earn between ₹2 lakh to ₹3 lakh per month after 1 to 2 years.