Detailed Project Report on Automatic Socks Knitting Plant

Detailed Project Report on Automatic Socks Knitting Plant

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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