Detailed Project Report on Automatic Socks Knitting Plant

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AUTOMATIC SOCKS KNITTING PLANT
[EIRI/DFR/0658] J.C.9263
INTRODUCTION
Socks, baniyans and underwear’s are the products of hosiery industry. The farm hosiery includes all types of knitted, footwear’s, underwear’s, outerwear and head wears.
All conscious people wearing shoes, socks are must for them. Socks can be manufactured from various types of yarns like wool, silk, manmade fibre etc. A sock manufactured from cotton yarn is the cheapest and can be used throughout the year. But now a day’s nylon socks are replacing gradually the cotton socks and panty the woolen socks. These have many advantages over cotton socks such as longer life, better comfort and easy wash ability. Socks in the hosiery items are most important and highly salable item. The socks industry is the smallest are among all the hosiery industries and involves very little investment.
The socks can be manufactured manually as well as electrically operated machine persons who have very little investment can start this industry as a cottage industry. Moreover all the required machinery and raw material necessary setting up such an industries are indigenously available.
The socks knitting industry operated by hand machines are covered under cottage type. The following is table to indicate various sizes of socks.
COST ESTIMATION
Plant Capacity 90 DOZ/Day
Land & Building (200 sq.mt.) Rented
Plant & Machinery Rs. 18.39 Lac
Working Capital for 1 Month Rs. 4.17 Lac
Total Capital Investment Rs. 24.37 Lac
Rate of Return 31%
Break Even Point 66%
CONTENTS
INTRODUCTION
SOCKS KNITTING ON AUTOMATIC SOCKS KNITTING MACHINE
CHARACTERIST OF KNITTED FABRICS
B.I.S. SPECIFICATION
MARKET POSITION
MARKET SURVEY
PRESENT MANUFACTURERS OF SOCKS KNITTING
MANUFACTURING PROCESS OF SOCKS ON AUTOMATIC SOCKS KNITTING MACHINE
PROCESS FLOW SHEET
SUPPLIERS OF PLANT MACHINERY & EQUIPMENTS
SUPPLIERS OF RAW MATERIALS
LIST OF IMPORTED MACHINES FOR SOCKS KNITTING
MANUFACTURER AND SUPPLIER OF CIRCULAR LADIES STOCKING AUTOMATICS
APPENDIX – A:
01. PLANT ECONOMICS
02. LAND & BUILDING
03. PLANT AND MACHINERY
04. OTHER FIXED ASSESTS
05. FIXED CAPITAL
06. RAW MATERIAL
07. SALARY AND WAGES
08. UTILITIES AND OVERHEADS
09. TOTAL WORKING CAPITAL
10. TOTAL CAPITAL INVESTMENT
11. COST OF PRODUCTION
12. TURN OVER/ANNUM
13. BREAK EVEN POINT
14. RESOURCES FOR FINANCE
15. INSTALMENT PAYABLE IN 5 YEARS
16. DEPRECIATION CHART FOR 5 YEARS
17. PROFIT ANALYSIS FOR 5 YEARS
18. PROJECTED BALANCE SHEET FOR (5 YEARS)
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