Manufacturing of Batting Gloves
| Product Code | N.A. |
| Quality and Standards | IS 3800 Batting Gloves |
| Production Capacity | Qty. : 1,20,000 Pairs (per annum) Value: Rs. 22200000 |
| Uploaded on | April 2006 |
Introduction
The Cricket Batting Gloves are used as safety guards by the players while playing the Cricket to save hand from any injury being caused by the cricket ball and these gloves also observes the shock caused by hitting the ball, thus also help to keep the hand in comfortable condition during the play for longer period by absorbing the perspiration, etc. Initially, Batting Gloves were manufactured of leather but due to fast changing technology, the new synthetic material has been developed which is suitable, more durable and cheaper than the leather material. The process of manufacturing the Batting Gloves is the same as for other industrial gloves. The only difference is that for the safety of fingers, pads are used made out of woolen rug or foam attached on the upper side of the gloves.
Market Potential
Due to the growing interest amongst younger generation and Govt. of India's interest to develop Cricket, some Cricket Academies in some States have come up and many more may come up. In addition, there is great demand from overseas market also. This industry can earn lot of foreign exchange by way of exporting the cricket Gloves. Due to frequent change in design, it is advised to manufacture quality synthetic Gloves.
Basis and Presumptions
The production envisaged is based on the double shift basis of 16 hours a day and 25 working days a month.
- Five years period for achieving full capacity utilisation.
- Labour on montly salary basis.
- Rate of interest-12%
- Margin Money-25%
- Pay back period 8 to 10 years.
- Land and building owned
- Covered area-2500 sq. ft.
Implementation Schedule
It is anticipated that all the formalities will be completed within 6-8 months of period before starting the commercial production.
Technical Aspects
Process of Manufacture
As per graded pattern, the components are clicked manually or by clicking process
- Pre or post printing of monogram log etc. is carried out. This depends upon the price of the product agreed upon.
- Components are stitched together and padding is attached separately over the post bed machine.
- Fixing of buckle and button etc.
- Finishing i.e. excess thread/material or oily matter etc. is removed.
- Inspection and signing of Tag with full description, etc.
- Packing as per buyer's instruction.
Production Capacity
The unit is proposed to produce 90,000 pairs Chappals in a year.
| Cricket Batting Gloves | 1,20,000 Pairs (per annum) |
| Value | Rs. 22200000 |
| Motive Power | 6 HP (approx.) |
Pollution Control
This industry does not create any pollution, therefore, State Pollution Control Board's permission is not binding to start the industry.
Energy Conservation
There is no scope of energy conservation in this unit.
Financial Aspects
Fixed Capital
| Land and Building | |
| Land 200 sq. mtr @ Rs 5000/- per sq.mtr | 1000000 |
| Office building, Lab. Store 50sq.mtr. @ 7000/mtr. | 350000 |
| Floor area construction ,factory shed, Boundary wall etc. 150 sq.mtr. @ Rs 5000/per sqmt | 750000 |
| Total | 2100000 |
Machinery and Equipments
Description |
Imp. Ind. |
Qty. |
Rate (Rs.) |
Value (Rs.) |
| Cylinder bed compound, Feed Machine (JUKI) No. MS-335) | Imp. | 2 | 90000 | 180000 |
| Post bed Lock Stitching Machine (Juki No.MS-810) | Imp. | 2 | 90000 | 180000 |
| Electrification and Installation charges @ 40% | 144000 | |||
| Tools and Equipments | 25000 | |||
| Cost of Furniture and Fixture | 80000 | |||
| Bore well water supply system & Generator set | 300000 | |||
| Total | 909000 | |||
| Pre-operative Expenses | 40000 |
| Total Fixed Capital | 3049000 |
B. Working Capital (per month)
(i) Personnel/Technical (per month)
Designation |
No. |
Salary (Rs.) |
Total (Rs.) |
| Manager | 1 | 15000 | 15000 |
| Supervisor | 2 | 8000 | 16000 |
| Skilled Worker | 10 | 6500 | 65000 |
| Accountant/Clerk | 1 | 6000 | 6000 |
| Peon/Chowkidar | 1 | 3000 | 3000 |
| Sweeper/Helper | 1 | 3000 | 3000 |
| Total | 108000 | ||
| Add perquisites @ 22% on Salary | 23760 | ||
| Total | 131760 | ||
(ii) Raw Materials 3000 Nos. Portfolio Bag.
Description |
Qty. |
Unit |
Rate/Unit (Rs.) |
Amount (Rs.) |
| Single Thick Cloth | 0.08 | Kg | 190.00 | 15.2 |
| PVC (fingers) | 0.12 | Meter | 100.00 | 12 |
| Sweat Band | 0.50 | Meter | 60.00 | 30 |
| PVC for quirk | 0.02 | Meter | 90.00 | 1.8 |
| Thread No.50 | 0.1 | Reel | 150.00 | 15 |
| Gusset-Nylon | 0.050 | Kg | 450.00 | 22.5 |
| Velcro 2" H/L | 0.40 | Meter | 60.00 | 24 |
| Thimbla | 1.20 | 1.20 | ||
| Logo/Monogram Printing | L.S. | 12 | ||
| Packing and forwarding | 7 | |||
| Total | 140.7 | |||
| Say 7500pair 8 | 140 | |||
| (per month 104 x 400 x 25) | 1040000 | |||
(iii) Utilities (per month)
Amount (Rs.) |
|
| Power | 8000 |
| Total | 8000 |
(iv) Other Contingent Expenses (per month)
Description |
Amount (Rs.) |
| Postage and Stationery | 6000 |
| Repair and Maintenance | 3000 |
| Transportation | 10000 |
| Advertisement and publicity | 20000 |
| Insurance | 5000 |
| Consumable Stores | 8000 |
| Miscellaneous | 10000 |
| Total | 62000 |
(v) Total Recurring Expenditure (per month)
Description |
Amount (Rs.) |
| Raw Materials | 1040000 |
| Staff and Labour | 131760 |
| Utilities | 8000 |
| Other contingent expenses | 62000 |
| Total | 1241760 |
vi) Working Capital for 3 months
| 1241760 x 3 | 3725280 |
C. Total Capital Investment
| Fixed Capital | 3009000 |
| Working capital | 3725280 |
| Total | 6734280 |
Financial Analysis
Cost of Production (per annum) |
Amount (Rs.) |
| Total recurring cost | 14901120 |
| Depreciation on machinery @ 10% | 50400 |
| Depreciation on tools and equipments @ 25% | 6250 |
| Depreciation on furniture and fixtures @ 25% | 95000 |
| Depreciation on Building @ 5 % | 105000 |
| Interest on Total Capital Investment @ 12% | 808114 |
| Total | 15965884 |
Turnover (per year)
Items |
Qty.in pairs |
Unit |
Rate (Rs.)/pair |
Amount (Rs.) |
| Cricket Batting Gloves | 120,000 | Pairs | 185 | 22200000 |
| Total | 22200000 | |||
Net Profit Ratio
Net Profit per year x 100 |
|
| 6234116 x100 | |
| 22200000 | |
| 28.08 |
Rate of Return on Total Investment
Net Profit per year x 100 Total Investment |
|
| 6234116 x100 | |
| 6734280 | |
| 92.57 |
Break-even Point
Fixed Cost
Description |
Amount (Rs.) |
| Depreciation on machinery @ 10% | 50400 |
| Depreciation on tools and equipments @ 25% | 6250 |
| Depreciation on furniture and fixtures @ 25% | 95000 |
| Depreciation on Building @ 5 % | 105000 |
| Interest on Total Capital Investment @ 12% | 808114 |
| 40% of Salary and Wages | 632448 |
| 40% of other Contingent expenses | 297600 |
| Total Fixed Cost | 1994812 |
| B.E.P | Fixed cost x 100 ---------------------------- Fixed cost + Net Profit |
| 1994812 x 100 | |
| 1994812 + 6234116 | |
| 24.24 |
Addresses of Machinery and Equipment Suppliers
- M/s. Jay Cee Enterprises Pvt.Ltd.
6, South Model Gram,
Dutta Building,
Ludhiana.
- M/s. J.C. Enterprises
E-357, Greater Kailash-II,
New Delhi. - M/s. Singer Sewing Machine Co.
Anna Salai,
Chennai-600 002.
Raw Material Suppliers
- M/s. Global Enterprises
Kotwali Bazar,
Jalandhar
(Punjab.) - M/s. Kerala Rubber House
Kotwali Bazar,
Jalandhar
(Punjab) - M/s. Rasulbhai Adamji and Co.
163, Near Basoo Street,
Mumbai-3
For further information please contact
Information Manager
TIMEIS Project
E-mail: timeis@ficci.com
