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Electronic Industrial
Timers
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Product Code (ASICC)
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:
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77552
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Quality and Standards
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:
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Type of Clock: Crystal Controlled
Time range:0.1 Sec. to 999.9 Sec. and
0.1 minutes to 999.0 Minutes
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Production Capacity
|
:
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Qty. : 6000
Nos. (per annum)
Value : Rs. 1,80,00,000
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| Uploaded
on |
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March
2007 |
Introduction
The Electronic Industrial Timers are used
in the industries to control the process/operation with specified
time interval of repetitive nature. It is basically a time-clock
with an arrangement for on/ off operation/process at a predetermined
specified time-intervals. They find applications in the control
of sequential functions of industrial machinery at varying
time intervals for plastic industries, pharmaceutical industries,
petro-chemical industries, steel industries, power plants
etc. Electronics timers are manufactured today to meet the
complex function of industries.
The Electronic timer consists of a crystal
controlled stable oscillator, sequencing logic circuits, driving
circuits and a digital display system with a facility depends
on the application for connecting the output to individual
machinery/system to control the operation at predetermined
time interval. Simple timer with an on/off arrangement to
sophisticated electronic timers are manufactured today to
meet the specification of the industry.
Market Potential
The Control, Instrumentation and Industrial
Electronics sector of the Electronics industry plays a vital
role in the modernization through instrumentation and automation
in India's manufacturing, public utility services and infrastructure
sector. The major manufacturing industries like Petrochemical;
Cement; Steel; Fertilisers; Chemicals; Textiles are some of
the manufacturing sectors which are the beneficiaries of this
technology for production improvement, cost efficiency, safety,
quality control etc. Over the last few years, Indian industry
in this sector has established its base, as such it is felt
that the demand of industrial timers bound to grow faster
in the coming years.
Basis and Presumptions
i ) The basis for calculation of production
capacity has been taken on two shifts basis of 8 hrs. each
on 75% efficiency.
ii) The maximum capacity utilization on
two shift basis of eight hours each for 300 days a year. During
first year and 2nd year of operation the capacity utilisation
is 60% and 80% respectively. The unit is expected to achieve
full capacity utilisation from the 3rd year onwards.
iii) The salaries and wages, cost of raw
materials, utilities, cost of land and civil construction
cost are based on the prevailing rates in North India. These
cost factors are likely to vary with time and location.
iv ) Interest on term loan and working
capital loan has been taken at the rate of 12% on an average.
This rate may vary depending upon the policy of the Financial
Institutions/Agencies from time to time.
v) The cost of machinery and equipments
refer to a particular make/model and the prices are approximate
vi) The break-even point percentage indicated
is of full capacity utilization.
vii) The project preparation cost etc.
whenever required could be considered under pre-operative
expenses.
viii) The essential production machinery
and test equipment required for the project have been indicated.
The unit may also utilize common test facilities available
at Electronics Test and Development Centres (ETDCs) and Electronic
Regional Test Laboratories (ERTLs) set up by the State Governments
and STQC Directorate of the Department of Information Technology,
Ministry of Communication and Information Technology, to manufacture
products conforming to Bureau of Indian Standards.
Implementation Schedule
The major activities in the implementation
of the project has been listed and the average time for implementation
of the project is estimated at 12 months:
| Sl.No. |
Name of Activity |
Period in Months (Estimated)
|
| 1. |
Preparation of project
report |
1 |
| 2. |
Registration and other
formalities |
1 |
| 3. |
Sanction of loan by financial
institutions |
3 |
| 4. |
Plant and Machinery:
|
|
| (a) |
Placement of orders
|
1 |
| (b) |
Procurement |
2 |
| (c) |
Power connection/ Electrification
|
2 |
| d) |
Installation/Erection
of machinery/Test Equipment |
2 |
| 5. |
Procurement of raw materials
|
2 |
| 6. |
Recruitment of Technical
Personnel etc. |
2 |
| 7. |
Trial production |
11 |
| 8. |
Commercial production
|
12 |
Notes
1. Many of the above activities shall be initiated concurrently.
2. Procurement of raw materials commences from the 8th month
onwards.
3. When imported plant and machinery are required the implementation
period of project may vary from 12 months to 15
months.
Technical Aspects
Process of Manufacture
The manufacturing process involves electronics
assembly and electromechanical hardware assembly. In electronic
assembly the components viz. ICs, transistors, crystal, diodes,
capacitors, resistors, transformers, coils, preset potentiometers
on a printed circuit board as per the layout design of electronic
circuit. The oscillator assembly should be well shielded from
other circuits for stability. The assembled PCB is then tested
for performance before going into the final assembly. The
electromechanical components such as connectors, sockets,
switches, terminal and LED or LCD display indicators are assembled
as per the design on the front panel of the equipments. Subsequently
the electronic assembly and electromechanical assembly are
further assembled to form a compact unit and encased in a
metallic or plastic case. The product is then calibrated and
tested as per the relevant design specification.
It is essential to inspect all the raw
material and components for quality before the assembly of
the equipments.
Quality Control and Standards
|
Type of clock
|
Crystal controlled
|
|
Time range
|
0.1 Sec to 999.9 Sec and 0.1 minutes
to 999.9 minute
|
|
Setting accuracy
|
0.1%
|
|
Repeat accuracy
|
0.1%
|
|
Display
|
3 digit (LED)
|
Production Capacity (per annum)
| Quantity |
Value (Rs.) |
| 6000 Nos . |
180,00,000 |
| Motive Power |
5 KVA (approx.) |
Pollution Control
The Govt. accords utmost importance to
control environmental pollution. The small-scale entrepreneurs
should have an environmental friendly attitude and adopt pollution
control measures by process modification and technology substitution.
India having acceded to the Montreal Protocol
in Sept. 1992, the production and use of Ozone Depleting Substances
(ODS) like Chlorofluoro Carbon (CFC), Carbon Tetrachloride,
Halons and Methyl Chloroform etc. need to be phased out immediately
with alternative chemicals/ solvents. A notification for detailed
Rules to regulate ODS phase out under the Environment Protection
Act, 1986 have been put in place with effect from 19th July
2000.
The following steps are suggested which may help to control
pollution in electronics industry wherever applicable:
i) In electronic industry fumes and gases
are released during hand soldering/wave soldering/Dip soldering,
which are harmful to people as well as environment and the
end products. Alternate technologies may be used to phase
out the existing polluting technologies. Numerous new fluxes
have been developed containing 2-10% solids as opposed to
the traditional 15-35% solids.
ii) Electronic industry uses CFC, Carbon
Tetrachloride and Methyl Chloroform for cleaning of printed
circuit boards after assembly to remove flux residues left
after soldering, and various kinds of foams for packaging.
Many alternative solvents could replace
CFC-113 and Methyl Chloroform in electronics cleaning. Other
Chlorinated solvents such as Trichloroethylene, Perchloroethylene
and Methylene Chloride have been used as effective cleaners
in electronics industry for many years. Other organic solvents
such as Ketones and Alcohols are effective in removing both
solder fluxes and many polar contaminants.
Energy Conservation
With the growing energy needs and shortage
coupled with rising energy cost, a greater thrust in energy
efficiency in industrial sector has been given by the Govt.
of India since 1980s. The Energy Conservation Act, 2001, has
been enacted on 18th August 2001, which provides for efficient
use of energy, its conservation and capacity building of Bureau
of Energy Efficiency created under the Act.
The following steps may help for conservation
of electrical energy:
i) Adoption of energy conserving technologies,
production aids and testing facilities.
ii) Efficient management of process/ manufacturing
machineries and systems, QC and testing equipments for yielding
maximum Energy Conservation.
iii) Optimum use of electrical energy
for heating during soldering process can be obtained by using
efficient temperature controlled soldering and desoldering
stations.
iv) Periodical maintenance of motors,
compressors etc.
v) Use of power factor correction capacitors.
Proper selection and layout of lighting system; timely switching
on-off of the lights; use of compact fluorescent lamps wherever
possible etc.
Financial Aspects
A. Fixed Capital
|
(i) Land and Building
|
|
(a) Land :
500 Sq. Mtr @ Rs. 3500 /Sq. mtr
Value:
(b) Civil Construction
Boundry wall, gates and road inside
the factory Value
Built up area including factory
shed, offices, borewell, raw material and finished goods
store, workers room. Area required = 400 Sq. Mtr @ Rs.
9000 per Sq. mtr. Value
|
Rs. 17,50,000
Rs: 5,00,000
Rs. 36,00,000
|
|
(b) Civil construction cost
|
Rs. 41,00,000 |
|
(i) Total land and civil construction
cost
|
Rs. 58,50,000 |
(ii) Machinery and Testing Equipments
| Sl. No. |
Description |
Ind. |
Qty. Nos. |
Total (Rs.) |
|
(a) Machinery
|
| 1 |
Bench Drilling Machine
(1/2") |
Ind. |
1 |
50,000 |
| 2 |
Portable Grinder |
Ind. |
1 |
40,000 |
|
(b) Testing equipments
|
| 1 |
Oscilloscope DC 20 MHz
|
Ind. |
1 |
60,000 |
| 2 |
Power Supply 0-30V, 2A
|
Ind. |
4 |
50,000 |
| 3 |
Digital Multimeters (3
1/2 Digits) |
Ind. |
1 |
10,000 |
| 4 |
Counter (1 MHz) |
Ind. |
1 |
50,000 |
| 5 |
LCR Meter (Digital),
IC testers and transistor testers |
Ind. |
1 |
1,50,000 |
| 6 |
Bore well water system,
|
Ind. |
1 |
5,00,000 |
| |
Total
|
8,20,000 |
| c) |
Tools, Fixtures, Jigs,
Soldering Iron etc. |
Ind. |
LS |
50,000 |
| d) |
Electrification and Installation
Charges @ 40% of Cost of Machine and Equipments |
Ind. |
LS |
348,000 |
| e) |
Office Equipments and
Furniture |
Ind. |
LS |
500,000 |
| (ii) |
Plant and m/c cost |
Ind. |
LS |
17,18,000 |
| (iii) |
Preoperative expenses
|
|
|
3,00,000 |
| |
Total fixed capital
(i) + (ii) + (iii) |
78,68,000 |
B. Working Capital
(per month)
(i) Personnel
| Sl. No. |
Description |
Qty. |
Amount
(Rs.) |
|
(a) Administrative and Supervisory
|
| 1 |
Finance and Accounts
|
2 |
25,000 |
| 2 |
Sales and marketing |
4 |
50,000 |
| 3 |
Purchase and stores |
4 |
40,000 |
| 4 |
Administrative staff
including Peons/watchman |
6 |
50,000 |
|
(b) Technical
|
| 1 |
Production Manager |
1 |
25,000 |
| 2 |
Production Engineer |
1 |
15,000 |
| 3 |
Production Supervisors
|
3 |
15,000 |
|
(c) Direct Workers
|
| 1 |
Skilled workers |
6 |
30000 |
| 2 |
Semi-skilled workers
|
6 |
24000 |
| |
Total
|
2,74,000 |
| |
Perquisites@ 22% of salaries
|
60,000 |
| |
Total
|
3,34,000 |
(ii) Raw Materials (per month)
| Sl. No |
Particulars |
Ind./Imp |
Requirement/ unit
(Rs.) |
Price/month
for 500 Nos. |
| 1 |
Integrated circuits (5
Nos) |
Imp. |
200 |
1,00,000 |
| 2 |
LED Display (3 Nos) |
Imp. |
100 |
50,000 |
| 3 |
Resistors (20 Nos.) |
Ind. |
10 |
5,000 |
| 4 |
Capacitors (8 Nos.) Relay
|
Ind. |
15 |
8,000 |
| 5 |
Transformer and Relay
|
Imp./Ind. |
100 |
50,000 |
| 6 |
Pre-sets (2 Nos.) |
Ind. |
10 |
5,000 |
| 7 |
Printed circuit Board
(2 Nos.) |
Ind. |
40 |
20,000 |
| 8 |
Thumb wheel Switches
(3 Nos.) |
Imp. |
180 |
90,000 |
| 9 |
Connectors, Terminal,
Strips, Sockets |
Ind. |
30 |
15,000 |
| 10 |
Casing and Mechanical
Hardware |
Ind. |
120 |
60,000 |
| 11 |
Packing and consumables
|
Ind. |
30 |
15,000 |
| |
Total
|
4,18,000 |
Note: The raw materials requirement vary
with design and specification of equipment.
| (iii) Utilities (per month) |
(Rs.) |
| Power |
10,000 |
| Water |
2,000 |
|
Total
|
12,000 |
|
(iv) Other Contingent Expenses
(per month)
|
(Rs.)
|
|
Postage and stationery
|
5,000
|
|
Repair and maintenance
|
2,000
|
|
Transport charges
|
20,000
|
|
Telephone
|
10,000
|
|
Consumable stores
|
20,000
|
|
Advertisement and publicity
|
50,000
|
|
Insurance
|
5,000
|
|
Miscellaneous expenditure including
sales , marketing and traveling
|
2,00,000
|
|
Total
|
3,12,000
|
(v) Total Recurring Expenditure/per month
(i) + (ii) + (iii) + (iv)
Rs. 3,34,000 + 4,18,000 + 12,000 + 3,12,000
= Rs. 10,76,000
(vi) Total Working Capital (3 Month Basis)
= Rs. 32,28,000
C. Total Capital Investment
| (i) Fixed capital |
Rs. 78,68,000 |
| (ii) Working capital |
Rs. 32,28,000 |
|
Total
|
Rs. 1,10,96,000 |
Financial Analysis
|
(1) Cost of Production (per year)
|
(Rs) |
|
Total recurring cost
|
1,29,12,000 |
|
Depreciation on m/c & equipments
@ 10%
|
82,000 |
|
Depreciation on tools/jigs/ fixtures
and office equipments @ 20%
|
1,10,000 |
|
Depreciation on civil construction
|
2,05,000 |
|
Interest on total investment @ 12
%
|
13,32,000 |
|
Total
|
1,46,41,000 |
(2) Turnover (per year)
| Item |
Qty.
|
Rate |
Total (Rs.) |
|
Electronic Industrial timer
|
6000
|
3000 |
1,80,00,000 |
Note: The rate/unit vary with design and
specification.
(3) Net Profit/per year (Before Income Tax)
= Rs. 1,80,00,000 – 1,46,41,000
= Rs. 33,59,000
(4) Net Profit Ratio
|
|
Net profit per year ×
100 |
|
=
|
-------------------------------------
|
|
|
Turnover per year |
|
|
|
|
=
|
Rs. 33,59,000 x 100
---------------------------
Rs. 180,00,000 |
|
|
|
|
=
|
18.66% |
(5) Rate of Return
|
|
Net profit per year ×
100 |
|
=
|
-----------------------------------------
|
|
|
Total investment |
|
|
|
|
=
|
Rs. 33,59,000 x 100
----------------------------
Rs. 11,096,000 |
|
|
|
|
=
|
30.27% |
(6) Break-even Point
| Fixed Cost |
(Rs.) |
| a) Depreciation (on Machines and
equipments, tools, fixtures and office equipments) |
3,97,000 |
| b) Interest on total investment |
13,32,000 |
| c) 40% of salary and wages |
16,03,000 |
| d) 40% of other contingent expenses
|
14,98,000 |
|
Total
|
48,30,000 |
B.E.P.
|
|
Fixed Cost × 100
|
|
=
|
---------------------------------
|
|
|
Fixed Cost + Profit |
|
|
|
|
|
Rs. 48,30,000 ×
100 |
|
=
|
------------------------------- |
|
|
Rs. 48,30,000 + 33,59,000
|
|
|
|
|
=
|
59% |
Additional Information
(a) The Project Profile may be modified/tailored
to suit the individual entrepreneurship qualities/capacity,
production programme and also to suit the locational characteristics,
wherever applicable.
(b) The Electronics Technology is undergoing
rapid strides of change and there is need for regular monitoring
of the national and international technology scenario. The
unit may, therefore, keep abreast with the new technologies
in order to keep them in pace with the developments for global
competition.
(c) Quality today is not only confined
to the product or service alone. It also extends to the process
and environment in which they are generated. The ISO 9000
defines standards for Quality Management Systems and ISO 14001
defines standards for Environmental Management System for
acceptability at international level. The unit may therefore
adopt these standards for global competition.
(d) The margin money recommended is 25%
of the working capital requirement at an average. However,
the percentage of margin money may vary as per bank's discretion.
Addresses of Machinery and Equipment Suppliers
Machinery
1. M/s. Quality Machine Tools
24 J.C. Road,
VISL Building,
Bangalore-560002.
2. M/s. Swastic Machine Tools
4, Lata Chambers,
Nashik-422002.
Testing Equipments
1. M/s. Applied Electronics Ltd.
A-5, Wagle Industrial Estate,
Thane,
Mumbai-400604
2. M/s. BPL (India) Ltd.
84, MG Road,
Bangalore–560001
3. M/s. Peico Electronics and Electrical
Ltd.
Shivasagar Estate,
Block ‘A1',
Dr. Annie Besant Road,
Mumbai-18.
4. M/s. Agronic Instruments (P) Ltd.
201, Shiva Shakti Indl. Estate,
Mumbai-400080.
5. M/s. Systronics
89-91, Industrial Area,
Naroda–382330.
6. M/s. Electronics Trade and
Technology Dev. Corporation Ltd.
15/48, Malcha Marg,
New Delhi-110021.
Addresses of Raw Material Suppliers Raw Material/Components
1. M/s. Electronics Trade and
Technology Dev. Corporation Ltd.
15/48, Malcha Marg,
New Delhi–110021.
2. M/s. Peico Electronics and Electricals
Limited
Shivasagar Estate,
Block - A
Dr. Annie Besant Road,
Mumbai-12
3. M/s. OEN Connectors Ltd.
Vyttila, Post Box No. 2,
Cochin–682019.
4. M/s. Micropack Ltd.
Plot No. 16,
Jigani Industrial Area,
Anekal Taluk,
Bangalore –562106.
5. M/s. Amar Radio Corporation
11/1, Thiglar Periyanna Lane,
SJP Road,
Bangalore-560002.
6. M/s. Globe Industries
69, Saddar Patrappa Road,
Behind SJP Road,
Bangalore-560002.
Imported Components
1. M/s. Intraco Ltd.
456, Alexandra Road,
14, NOL Bldg.,
Singapore–0511.
2. M/s. Rosemount Ine
P.O. Box 35129,
Minneapolis,
MN 55435 (612) 941-5560, USA.
3. M/s. General Electronics
19, 5th Floor,
Tardeo Air Conditioned Market,
Mumbai-400034.
4. M/s. Bakubhai Ambalal
(Electronics Dept.)
Kaiser-1, Hind Building,
Ballard Estate,
Mumbai-400038.
5. M/s. Kelly Electronics (P) Ltd.
1413, Dalmal Tower,
Nariman Point,
Mumbai-400021.
Contact for more information:
Information Manager
TIMEIS Project
E-mail: timeis@ficci.com

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