Detailed Project Report on gold & silver jewellery manufacturing unit
Detailed Project Report on gold & silver jewellery manufacturing unit
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GOLD & SILVER JEWELLERY MANUFACTURING UNIT
[CODE NO.3966]
In this competitive world, there are various gold and silver jewellery manufacturing brands having the best of units. The manufacturing process in this unit has been divided into various steps, each of which shall be explained herewith.
DESIGNING
For manufacturing a unique jewellery designed piece, it is important to start with creating a good design. This is where the best of magic begins. The designer herewith, through his creative instincts, develops an idea and makes it a reality.
CAD
The best of jewellery designing software is the CAD software which helps in improvement of designs as well as accuracy in the designing process. Once conceptualization of design takes place, it is made in the form of an artwork. The design construction is done via CAD (Computer Aided Designing) technology.
DESIGNING RAPID PROTOTYPE
After the CAD design is ready, it is set for 3D rapid prototyping, which works on DLPT (Direct Light Projection Technology), which is a fully functional technology.
MAKING OF A SUITABLE MODEL
The CAD output is converted to a silver model via the process of casting. This design is copied to many silver jewellery pieces. This is then converted to rubber mould from which various other pieces are made.
RUBBER MOULD
This step is a very crucial part of the production process which helps in creation of various pieces of design. These patterns are embedded in moulds for a very long time and are crucial and essential in creating replicas. Various materials are used in mould making such as metal, rubber and silicone – and this process is termed as ‘vulcanizing’.
WAXING
Wax pieces are produced from the so produced rubber moulds. This is pressure injected molten wax which are injected into the cavity for casting of wax models.
CASTING
Skilled and experienced casters are required for this process to get the final desired product. The molten metal that is produced at the end of the process is poured into flasks and is then cooled and demolished well to reveal the casting form of jewellery.
GRINDING
The process of grinding is done in the grinding machine efficiently so that the final polishing could be done as required to achieve a smooth surface at the end.
FILING / ASSEMBLY
Excess metal is removed at this step an the casting layer is efficiently removed as well. This in turn assists in giving a smooth finish.
POLISHING
This step assists in a neat finish and involves tumbling, ultra cleaning as well as pre polishing.
METAL SETTING
This refers to securely attaching gemstones in the considered design of jewellery. Various designs are used to make the gemstones look appealing.
POLISHING
This step refers to the final polishing which is done after setting of stones. This can be done by hand as well as by machine. Various types of specialized tools are used for this step
PLATING BY RHODIUM
The precious metal rhodium is used for plating of jewellery giving it white reflective appearance as well as resistance to scratches.
QUALITY CHECK AND CONTROL
This includes the step of procedures that ensures that the manufactured jewellery designs follow quality check guidelines and meet the client requirements. The steps include mechanical inspection, measurement as well as visual inspection.
COST ESTIMATION
Plant Capacity 1038 Nos./Day
Land & Building (1200 sq.mt.) Rs. 1.24 Cr
Plant & Machinery Rs. 2.94 Cr
Working Capital for 1 Months Rs. 155.76 Cr
Total Capital Investment Rs. 166.90 Cr
Rate of Return 70%
Break Even Point 20%
INTRODUCTION
JEWELRY HAS BEEN USED FOR FOLLOWING REASONS AND PURPOSES:-
ARTISTIC AND FASHIONABLE PURPOSES
FUNCTIONAL USE
SYMBOLISM
CURRENCY AND INVESTMENT
DEVOTIONAL PURPOSE
HISTORY OF JEWELRY
STRUCTURE OF THE INDUSTRY
TYPES OF GOLD & SILVER JEWELLERY
VARIETIES OF JEWELLERY ARE USED AS FUNCTIONAL OR TO ADORN BODY PARTS.
THEY ARE:
JEWELLERY IS CATEGORIZED INTO THESE MAIN MANUFACTURING TERMS:
A BRIEF DESCRIPTION OF THE ABOVE MENTIONED TERMS ARE BEING GIVEN BELOW:
A. HANDMADE
B. CAST
C. DIE STRUCK
D. GOLD FILLED & ROLLED-GOLD PLATE
E. GOLD ELECTROPLATE
PROPERTIES OF GOLD & SILVER
GOLD
SILVER
CHEMICAL PROPERTIES
MATERIALS USED IN GOLD JEWELLERY MAKING
(1) DIAMONDS
(2) GEMSTONES
(3) PEARLS
(4) KUNDAN
(5) ENAMEL
B.I.S. SPECIFICATION
JEWELLERY SIZE
RING SIZE
RING SIZE MEASUREMENT BY RING'S DIAMETER
RING SIZE MEASUREMENT BY RING’S CIRCUMFERENCE
CONVERSION CHART FOR RING SIZES
FACTS ABOUT INTERNATIONAL RING SIZING
RESIZING YOUR RING
NECKLACE LENGTH
NECK SIZE MEASUREMENT
TYPES OF NECKLACES BASED ON LENGTH
COLLAR
CHOKER
PRINCESS
MATINEE
OPERA
ROPE
MOST COMMON LENGTHS FOR NECKLACES / CHAINS
NECKLACE LENGTH COMPARISON CHART
GRADES, ADVANTAGE & DISADVANTAGE
GOLD PURITY CHART
18K GOLD: ADVANTAGES AND DISADVANTAGES
14K GOLD: ADVANTAGES AND DISADVANTAGES
10K GOLD: ADVANTAGES AND DISADVANTAGES
SETTINGS & FINISHING
SETTINGS
OBJECTIVES OF STONE SETTING
BEAUTY ENHANCEMENT
SAFETY OF A GEMSTONE
USER FRIENDLY
COVER UP THE STONE’S WEAKNESSES
STONE SETTING METHODS
PRONG SETTING
BEZEL SETTING
CHANNEL SETTING
BAR SETTING
PAVE SETTING
FLUSH / BURNISH SETTING
INVISIBLE SETTING
FINISHING
FINISHING IS ACHIEVED UNDER VARIOUS STAGES, WHICH ARE DESCRIBED AS UNDER:
METAL FINISHING
CLEANING
PICKLING
SAND BLASTING
STEAM CLEANING
SOAP WATER CLEANING
SUPERCRITICAL FLUID CLEANING
ULTRASONIC CLEANING
POLISHING
TUMBLING
BOMBING OR STRIPPING
BUFFING
SOLDERING
PLATING
TECHNIQUES OF PLATING
ELECTROPLATING
ELECTROLESS PLATING
OTHER PLATING TECHNIQUES
SPECIFIC METAL PLATING
GOLD PLATING
SILVER PLATING
RHODIUM PLATING
CHROME PLATING
OTHER METAL PLATING
TEXTURING
FLORENTINE FINISH
HAMMERED FINISH
HIGH POLISH FINISH
SATIN FINISH
MATT OR BRUSHED FINISH
STONE FINISHING
STONE CUTTING & POLISHING
SAWING
DRILLING
TUMBLING
GRINDING
SANDING
LAPPING
POLISHING
STONE TREATMENTS / ENHANCEMENTS
HEATING
IRRADIATION
DIFFUSION
FRACTURE-FILLING
LASER DRILLING
OILING
DYING / BLEACHING
MARKET POSITION
MARKET SIZE
INVESTMENTS/DEVELOPMENTS
SOME OF THE KEY INVESTMENTS IN THIS INDUSTRY ARE LISTED BELOW:
GOVERNMENT INITIATIVES
CONSUMER TRENDS AND THE GROWTH DRIVERS
FASHION JEWELLERY:
DIAMOND JEWELLERY:
DESIGNER JEWELLERY:
DIGITAL PRESENCE:
VALUE OF JEWELRY MARKET ACROSS INDIA FROM 2011 TO 2016, WITH ESTIMATES
UNTIL 2021 ((IN BILLION INDIAN RUPEES)
COMPARE EXPORTS OF GEMS & JEWELLERY-TOTAL BY COUNTRY
KEY BRANDS IN THE INDIAN JEWELLERY SEGMENT
TANISHQ
MALABAR GOLD AND DIAMONDS
TRIBHOVANDAS BHIMJI ZAVERI (TBZ)
KALYAN JEWELLERS
PC JEWELLER
BHIMA JEWELLERS
SHUBH JEWELLERS
JOYALUKKAS JEWELLERY
AMRAPALI JEWELLERS
PC CHANDRA JEWELLERS
ORRA JEWELLERY
SENCO
JOSCO GROUP
CKC JEWELLERS
D’DAMAS/GITANJALI
ROAD AHEAD
MANUFACTURING PROCESS
PROCESS OF JEWELRY MANUFACTURING
DESIGNING
CASTING
PRE-CASTING REQUIREMENTS
PROCESS OF CASTING REQUIRES FOLLOWING REQUIREMENTS TO BE FINISHED
CREATION OF MOLD / CAST
CREATION OF METAL ALLOY
METHODS OF CASTING
LOST WAX CASTING
SAND CASTING
SHELL-MOLD CASTING
PLASTER-MOLD CASTING
CERAMIC-MOLD CASTING
DIE CASTING
CENTRIFUGAL CASTING
CONTINUOUS CASTING
DEVESTMENT
FINISHING
METAL FINISHING
STONE FINISHING
STONE SETTING
PROCESS FLOW DIAGRAM
CERTIFICATION OF GEMS AND JEWELLERY
REGULATING BODIES:
THE GEM AND JEWELLERY TRADE COUNCIL OF INDIA (GJTCI):
GOLD PRODUCING COUNTRIES
1. CHINA – 383.2 TONNES
2. RUSSIA – 329.5 TONNES
3. AUSTRALIA – 325.1 TONNES
4. UNITED STATES – 200.2 TONNES
5. CANADA – 182.9 TONNES
6. PERU – 143.3 TONNES
7. GHANA – 142.4 TONNES
8. SOUTH AFRICA – 118.2 TONNES
9. MEXICO – 111.4 TONNES
10. BRAZIL – 106.9 TONNES
JEWELRY WEB LINKS - JEWELRY ASSOCIATIONS
2. AMERICAN GEM SOCIETY - AGS
3. AMERICAN GEM TRADE ASSOCIATION - AGTA
4. AMERICAN GEOLOGICAL INSTITUTE - AGI
5. AMERICAN INSTITUTE OF PROFESSIONAL GEOLOGISTS - AIPG
6. AMERICAN JEWELRY DESIGN COUNCIL - AJDC
7. AMERICAN SOCIETY OF JEWELRY HISTORIANS – ASJH
8. BUYERS INTERNATIONAL GROUP - BIG
9. CALIFORNIA JEWELERS ASSOCIATION - CJA
10. THE SILVER INSTITUTE
RAW MATERIAL SUPPLIERS
MACHINERY SUPPLIERS
RAW MATERIAL PHOTOGRAPHS
PLATING CHEMICALS
MACHINERY PHOTOGRAPHS
VACUUM PRESSURE CASTING MACHINE
MELTING UNITS
GRANULATING UNIT
TILTING FURNACES
VACUUM TILTING CASTING MACHINES (VTC )
PRODUCT PHOTOGRAPHS
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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