Slipper Manufacturing Project Report being a formal document is very helpful to you. It will clearly define the goals and objectives that you have set for starting your new slipper-making business.
Our slipper-making business project report will help the students, chartered accountants, and entrepreneurs in every way. It covers all crucial information related to machinery, raw material, investment and profit margin. You will be able to understand the manufacturing process of making slippers in India.
We have tried our best to provide every piece of important information to potential entrepreneurs who are planning to start a slipper making business.
Slipper Manufacturing Project Report in India
Table of Contents
- 1 Slipper Manufacturing Project Report in India
- 2 Slipper Manufacturing Business is Profitable
- 3 Purpose of Slipper Manufacturing Business Plan
- 4 Slipper Manufacturing Business Plan
- 5 License and Registration for Manufacturing Slippers
- 6 Set Up of Slipper Manufacturing unit
- 7 Market Potential of Slipper Making Business
Any individual who is planning to start a small-scale business can initiate a slipper manufacturing business In India. Slippers are household durable items that are consumed by every individual like men, women or kids. Being lightweight footwear is made from rubber. The process of manufacturing slippers is very easy. It is among the top 50 small business ideas for women.
You can manufacture slippers initially on a small scale and later expand your business. You can also initiate with simple machinery and rubber sheets because it is the main raw material in manufacturing slippers.
Slipper Manufacturing Business is Profitable
Slippers are worn by the people of both rural and urban areas. You can export slippers too. India being the largest slipper manufacturer after China has captured a vast foreign market. 13% of the world’s footwear is produced by India.
The major slipper importing countries are the USA, Germany, UK and France. Along with being a necessity, a slipper has become a fashion accessory as well. It can be manufactured in different designs using the trending ones.
In the present Era, foreign lifestyle pattern is blooming in food, apparel, mobile phones etc so the demand for these items in Indian markets is also rising. When it comes to footwear, people look for comfort in the work of artists, especially in India.
India manufactures around 2065 million footwear pairs in categories as
909m= Leather Footwear
100m=Leather Shoe Uppers
1096m= Non-Leather Footwear
The major slipper production centres in India are Agra, Calcutta, Pune, Chennai, Tamilnadu etc. Around 1.01 million footwear are produced annually in these areas.
Thus, you can easily decide more about the manufacturing footwear business and explore the market and needs of the public and establish this business.
Purpose of Slipper Manufacturing Business Plan
The purpose of slipper making business project report is to provide every piece of information to the entrepreneurs who are looking forward to starting a slipper manufacturing business in India. This business plan will guide you from beginning to end and take you to your desired goal. You will be able to know every detail about this business and create your own business plan if you want to avail bank loan. Our Slipper Manufacturing Project Report clearly defines the objectives that help you to start your new start-up.
Slipper Manufacturing Business Plan
Here are the steps that you must follow to start a slipper manufacturing business in India.
License and Registration for Manufacturing Slippers
When you plan to start your slipper manufacturing business, registered have to get it registered first. If it is a small-scale business, then you must register it with OPC format. You should also avail the trade license from the local municipal authority and SSI unit registration from DIC. There is no need for pollution control certificate.
Avail the GST Registration as it is mandatory for all manufacturing firms.
Arrangement Of Capital
You require two capitals fixed capital and working capital. You can apply for a term loan to get fixed capital and working capital requirement can be fulfilled by applying for a cash credit. We have stated in our Slipper Manufacturing Project Report complete details about investment for this business.
Set Up of Slipper Manufacturing unit
The first step is to know how to write a slipper manufacturing project report. If you know it, you need to write the complete business plan. If you don’t know you can simply download our slipper making business plan and consider it for all important details.
It will help you to write your slipper manufacturing project report that will help you identify how much capital you require, what are the machines you need, source of raw material and how much to set-up etc. Before you do the set up a layout plan for slipper manufacturing business is a must have.
Make proper arrangement for electricity supply and water facility. Following are the formalities to be done, before you set up your business.
- Registration and Other Formalities
- Land acquisition and identification
- Purchasing machinery and installing it
- Trail Production
Market Potential of Slipper Making Business
The market for footwear in India is vast because of the demographics of the Indian population concerning gender, material required, employment status, size, utility etc. The market potential for slippers is rising because of the demand for trending footwear among users. These days they prefer customized home-manufactured slippers that provide them comfort. They are ready to buy the slippers that are manufactured as per the nature of their occupation and keep the Indian geographical style in mind.
The following types of slippers are demanded In the Indian market
- Chappals and Sandals
- Flip Flops
- Ballerina Shoes
- The material that is used to make this footwear are plastic, PVC and Rubber.
- The purpose of using different slippers is as follows:
- As a daily home footwear
- For Commuting Purpose
- For travelling Purposes
- For work culture, constructional site or office etc.
What are the licenses needed for starting a slipper manufacturing business?
Slipper-making business falls under small-scale business in India so you must get it registered with MSME. You need to get more licenses and permits to start this business. It is compulsory to get a trade license and register your business with ROC which is the registrar of companies.
This will enable you to start manufacturing and selling slippers. When you register with ROC, you should do it with LLP or OPC for slipper business preferably. Thus, if you want your brand name to be highlighted then getting the copyright for the brand name is mandatory. It is issued by the ISI. GST registration is mandatory. You should also have your factory license and NOC from the pollution control board of your state.
How much investment is required to set up a slipper manufacturing business in India?
The fixed capital investment that you can initially invest in this business is between Rupees 5 to 10 Lakh. The working capital investment is around Rs 3 lakh.
You will require funds to meet the costs of investment in the initial phase. It includes the set-up cost, raw material cost, salary to employees, transport cost, packaging and marketing cost.
Cost and Materials Required for Slipper-Making Business
You require two major materials for manufacturing slippers, raw material and packaging materials. To manufacture slippers rubber straps and sheets are needed. For packaging slippers, plastic, cartons and cardboard boxes are required so that slippers can be delivered to the market safely.
You can buy the materials online these days. You must effort to pick up only good quality products for your slipper-making business.
The cost of rubber sheets for slippers can vary. Usually, it costs around Rs 300/- to Rs 450/- per sheet. It may cost you a bit more but depends on the quality.
You can buy straps for raw materials from the wholesale and retail markets. There are different types of straps available. The fabricated strap costs Rd 4 to Rs10 per meter. It comes with lace. The rubber strap can cost you Rs 75 to Rs 100 per dozen. The cost will again depend on the quality.
You need to spend less on this business as compared to other business opportunities. To begin this startup on a large scale, you need to invest more funds. For medium-sized investments, you can surely make more profits.
Profits From Slipper Making Business
Annually you can earn 15 to 17 lakh rupees. The rate of investment on average is 44%. The manufacturing cost of a slipper is Rs 50 to 60 per piece and the selling price of the same is Rs 120. This means you can almost earn double from one slipper.
If you are running a small-scale slipper manufacturing business then, with your low-quality machine, you can produce at least 100 dozen slippers at a time and this way you can earn around Rs 70,000 to 80,000. For a small set-up, you can make 30,000 to 40,000 per month. For a large-scale business, you can make Rs 1 to 2 Lakh per month.
The entire nation is the target customer for a slipper-making business. Here we are going to discuss the customers who yield them majority.
Households look for comfort, affordability and durability in slippers.
They want to wear slippers at home. You can also sell basic running comfortable slippers to them as well.
Hotels and Resorts
Hotels and resorts provide complimentary service by keeping slippers for washrooms in the hotel rooms. It adds to comfort in the room and the hotels offer slippers by the poolside, spas etc so that customers realize a sense of belonging.
For business class travellers, aviation industries use Indian manufactured slippers in the first-class area of the plane to make sure customers are looked after nicely and every need of them is met.
The working class makes use of slippers on daily basis. They look for daily wear slippers. So, you can capture their demand and provide them with easy commute and affordable slippers to wear.
Health care Spaces
The patients in the hospital are offered slippers so that they feel easy and comfortable. Hospital slippers are worn by patients and are demanded in bulk to avoid infectious diseases.
You can manufacture slippers of different colours so that children like them and wear them as per their comfort level.
The slippers that you will manufacture can de be designed in a way that tourists get attracted to them. Slippers help the tourists to walk comfortably on the roads and thus they can explore the variety.
How much area is required to set up slippers manufacturing business?
The minimum area required for a slipper business set-up is 600 to 1000 square feet.
Raw Material Requirement for Slipper Manufacturing Business
Machinery Needed for slipper-making Business
As per the specification of the product and desired production technique, you must select the machinery wisely. The main machinery that you will require for manufacturing slippers is the following.
- Drilling Machine
- Stapling Machine
- Flat Bed Sewing Machine with stand, motor and table clutch.
- Combined Finishing Machine
- Plastic Last
- Hand-operated tools and equipment
- Cutting dies of different shapes and sizes
- Upper Leather Skiving Machine
- Bottom sole cutting machine
- Rolling Machine
- Industrial Sewing Machine
- Strap Cutting Machine
- Weighing Machine
How much manpower is required for Slipper Making BUSINESS?
You need to keep human power who can help you achieve your goal from manufacturing to packaging to selling, everywhere you require manpower.
You don’t need many skilled workers; unskilled ones are enough to handle machines used in manufacturing slippers. The manufacturing process of slippers is not much complicated so unskilled workers will be able to do it. A few workers are only enough to run the automatic machines.
If you as a manufacturer are not planning to use drill ling machine, or strap fixing machine, then you would require more workers who can fix the straps. This would add an extra cost of 30,000 rupees to your investment.
You need the following personnel.
- Production Manager
- 2 skilled workers
- 5 unskilled workers
You also need to train your workers to run and operate the machinery so that they can safely, and smartly handle the machines.
Slipper Making Business Model and Growth
There are a few variants that describe the business model for the slipper making business.
The USP is unique selling point and the value that the slipper manufacturing business is expected to bring to you.
Affordability, durability, and quality are the three qualities that a consumer looks for when you offer your product to wide target market.
The demand is consistent so the essence and use of slippers in everyday life are for Indian consumers.
Competitor Review- Major Players of Slipper Manufacturing Business
The leading producers of slippers in India are:
Marketing Strategy for Slipper Making Business
A slipper is a basic item in every household and is used by every individual. The slippers are used by every section of society. You will find many manufacturers on the way. You need to be the best and for that your marketing strategy should be unique. This will help you attract more customers towards you.
The primary job you is to market the product as much as you can. It can be done through advertisements and discounts that you offer on your products. You need to make sure that your product gets the maximum attention in the market and then only people will buy your product.
Target Area For Slipper Marketing
As every household wear slipper, your target area can be any locality around you. Along with marketing your slippers in the locality, you can market them in malls, or big departmental stores. Before you commence your sale, you need to market your product properly and make it popular.
You can use marketing tools like advertisements in newspapers, banners, leaflets, hoardings etc. If you want to use indoor marketing tools, then radio channels, and TV Advertisements can be contacted.
As a slipper manufacturer, you can advertise on TV, and on billboards, and make your brand popular by highlighting your LOGO. You can highlight price and slipper quality to attract customers.
You can adopt sales promotional methods like festival discounts, buy one get one offers etc.
Slipper Manufacturing Business Growth
The slipper manufacturing business has great business potential and scope for growth in these years.
The Indian slipper industry is valued at $ 3200 million, and the growth rate is expected to be 14%.
The retail is organized at 25% and it is fast growing to reach 35%. The slipper industry is growing at a 9% rate in the total market.
A few suggestions that would help you in starting Slipper Manufacturing Business
As the Indian market is going to be your target market, thus you must offer the target customers the price that is affordable and quality that is good.
You can cater to large number of consumers as the slipper manufacturing business comes with low investment in machinery and manpower.
The demand for slippers will rise out of comfort and durability thus you need to be consistent in manufacturing the desired product.
Slipper Manufacturing Process
Initially, you need to avail microcellular sheet from any other unit. You need to give it the desired shape using the cutting machine or Mould. You need to avail straps from raw material supplier. Later you will have to fix the straps in the slippers using foot operated machine.
To add finishing to the slippers, put the straps in finishing machine. Later the quality check is done, and the slippers are packed in polythene or transparent covers. The slippers are then dispatched to the market.
Rubber Sheet- Cutting of Sole- Drilling- Starp Fitting-Finishing-Quality Check- Packing
Here is the explanation of slipper manufacturing process
To manufacture slippers, you need to have all the required machines and proper raw material.
Therefore, buy the required raw material from the market, install the machinery and hire labor to assist you in making slippers. You can hire unskilled staff also.
The rubber sheets need to be cut in shape. You must cut them in 9 sizes. 1 to 9 are desired sizes. You need to set these sizes on the machines and cut them in proper size and shape.
Drilling machine will help you to make holes in slippers. You can put straps in these holes.
Then you need to get the slippers printed. You can print the brand name and size of slipper on it. The strap process comes after printing.
Once the slippers are painted, you need to dry the slippers so that the print is not damaged. You can dry it overnight and then pack them.
The slippers should be properly packed so that you can send them for sale in the market.
Slipper Quality Check
There are no quality specifications at present for slippers. If you are planning to export the slippers, then the quality standards are mentioned by the customers only and you must follow them.
You need to procure raw material of excellent quality to capture the international market.
You need to follow a few simple steps to initiate packaging of slippers. One needs to put them in polythene or plastic pouches so that the slippers are packed in some covers. An entrepreneur can also start paper bag manufacturing business as it will help you package the slippers in your brand paper bags only.
You can buy the plastic sheets in bulk from the wholesalers. As a businessman you can paste your logo on the packaging material or on slippers. After the slippers are wrapped in a plastic bag, you need to put them in a carton box. It is your wish to get the carton box get printed on your brand name or just stick your logo.
You will also require a big carton box to pack more slippers to be sent to the market to retailers or for direct selling. You can get these packaging materials very easily in bulk from whole Salers.
Precautions you need to take in the slipper manufacturing business.
The very first point that you need to keep in mind is the space that you would require in setting up this business. Slipper-making machinery occupies a lot of space for installation. You will be using different types of machines so space will be needed for them. As a manufacturer, you must take care of space and make appropriate space for it.
Risk Involved in Slipper-Making Business
The biggest risk involved in the slipper manufacturing business is the rubber quality that you are using in manufacturing slippers. You will find variety of rubber sheets in the market. Low-quality sheets will cost you very less, but you should not use them as they can get easily damaged and are not good for every type of weather.
While you use rubber sheets, you should get good quality sheets for the sole of slippers and shoes. Slipper-making business being one of the most profitable business ideas in India needs to take care of quality while manufacturing slippers.
Slipper Making Machine Price
You can buy a slipper making machine online or offline. The dealers who deal in hefty machinery can provide you with this machine. In case you look for it in online stores, you can explore websites to get them. Anyone can check the details of machines online. The cost of the machine will depend on its capacity and quality. The sloe cutter machine costs around Rs 18,000. These machines have features like cutting and shaping the soles.
If you want high-quality auto slipper-making machine, then it will cost you around Rs 1 Lakh. It may even reach up to Rs 2.5 Lakh. You will be able to manufacture shoes also with this machine and not just slippers. Thus, you will be able to start shoe manufacturing business under the same roof. You will also need to buy a finishing machine.
A slipper drilling machine will help you set holes in the soles and put strap in the slipper. All drilling machines do not have the facility to put strap, only a few can. You can also use hand tools to put strap in the slippers.
The finishing machine will cut the edges to give good shape to the slipper and set straps properly. The automatic machine will do the finishing quickly and efficiently.
Sample Project Report Format for Slipper making business
In our project report format, we cover technology details, its diagrams, flow chart etc. as and when required or deem fit to include. Also, prepare in-depth financial calculations which are necessary for the Investor/bank.
Contents of Slipper Making Business Project Report
|1||Project At a Glance|
|2||Highlights of the Project|
|3||General Information and Location|
|6||The Project Proposal|
|7||Prospect for Investment|
|8||Potential Target Customers/Market|
|9||Market Entry and Marketing Strategy|
|10||Critical Success Factors|
|11||Process Details and Technical Aspect|
|13||Installed and Operational Capacity|
|14||Raw Materials and Consumables|
|15||Power and Utility|
|16||Tentative Implementation Schedule|
|17||Basis & Presumptions|
|18||Capital Investment Estimates|
|19||Plant and Machinery|
|20||Power and Utility|
|21||Repair and Maintenance|
|22||Computation of Working Capital Requirement|
|23||Estimated Cost of the Project|
|24||Proposed Means of Financing|
|25||Estimated Annual Sales Turnover|
|26||Projected Profitability Statement|
|27||Calculation of Interest Amount|
|29||Term Loan Repayment Schedule|
|30||Debt Service Coverage Ratio|
|32||Projected Cash Flow Statement|
|33||Projected Balance Sheet|
|34||Internal Rate of Return|
|35||Pay Back Period|
|36||Statutory Permits and Licenses For The Project|
|37||Important Steps to Start MSME Business Unit|
|38||Smart Tips to Follow in Slipper Making Business|
Conclusion Of Slipper Manufacturing Project Report PDF
You can learn a lot about your new business say if you want to start a new venture of slippers then you may write a project report as hawaii chappal plant project report. Yes, hawai chappal mfg project report has helped the company to rise and shine in a short span of time. Therefore, you can start slipper manufacturing business to earn good profits in the near future.
Frequently Asked Questions On Slipper Manufacturing Project Report
Where can i get sample project report for bank loan pdf?
Well, you can explore the best slipper making business project report PDF on our website and take help by checking out all the important details for your new business from it. It will serve you as a guide using which you can write your own hawai chappal plant project report and submit it to the bank to avail loan for your new venture.
What is the right hawai chappal project report format for bank loan?
We have clearly stated the right format for slipper manufacturing start up in our project report. You can check out the project report details by downloading it after making a nominal payment to us. We have covered every important aspect of this venture in our report.
Can I download hawai chappal manufacturing project report in the format of excel or word file?
You can easily download hawai chappal manufacturing project report from our website in PDF Format and use it for writing your project report. If you want to get it in word or excel file. It is very simple to later convert the pdf to word or excel using free file converting tools.
Can I download slipper business project report and use it for bank loan under pmegp mudra and other government scheme?
The main objective of this project report is to highlight all important aspects of this business for your new set up and to provide sample format for preparing project reports for other purposes. However, according to your need, we will prepare customized project report for your set up so that you can get loan from the bank under any scheme.