PAPER CLIP MANUFACTURING UNIT
This unit manufactures paper clips by forming and bending galvanized steel wire. The business produces clips used for fastening paper sheets and various household applications.
Project cost & finance
Cost of Project
figures in ₹ Lakhs
| Plant & Machinery | 7.7 |
| Furniture & Fixtures | 1.5 |
| Working Capital | 5.59 |
| Total | 14.79 |
|---|
Means of Finance
figures in ₹ Lakhs
| Own Contribution | 1.48 |
| Term Loan | 8.28 |
| Working Capital Loan | 5.03 |
| Total | 14.79 |
|---|
Raw materials & machinery
Machinery & equipment3
- Paper Clip Making MachineBuy on Amazon ↗
- ConveyorBuy on Amazon ↗
- Air compressorBuy on Amazon ↗
Raw materials1
- Galvanized steel wireBuy on Amazon ↗
Manufacturing process
- Raw material procurement
- Forming
- Bending
- Packaging
Market
The market for paper clips is vast due to continuous demand for paper-based fasteners in offices and other sectors. E-commerce has further expanded reach for producers.
From the project report
