Start a Business in Copper Industry

The key to making profits in any business is the predictable offtake, and with copper, you can rest assured. Copper is needed for wiring, plumbing, electrification, HVAC systems, motors and transformers, and EVs, and all the sectors are growing and expanding.

The wide variety of products you can make will mean more earning opportunities. With copper, you can make wire rods, insulated wires, seamless pipes, drawn pipes, and various other kitchen utensils and sell them as decorative or craft items. There are B2B, retail, and numerous export markets.

• Great profit potential on value-added products: Fabricated Copper products such as plated utensils, designer home products, and precision tubular products offer better profit margins as compared to trading raw copper.
• Convenient to source and recycle: Copper scrap and copper wire rods can be sourced from local mills or scrap markets so collection and recycling of copper will result in reduced costs.
• Entry options of small to medium capital: You can start small with a copper wire drawing or annealing line with a bending and forming cell for pipes or a batch furnace for copper utensils, with the option to expand as your customer base grows.
• Positive export conditions: Exportable copper components as well as decorative copperware are in demand in foreign markets which allows compliant documented exporters to maximize profit.
• Interest from government and support: Well organized projects are supported by the MSME schemes, export incentives and capital support from the states.
• Minimal time to market for fabricated products: New small batch production units can be made in a matter of months when traditional units can take years, allowing for quick returns on local sales and recouping the costs of the new tooling.