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Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.


Start Business of Solid Rubber Tyres

Start Business of Solid Rubber Tyres

Capacity - Plant and Machinery cost 1234.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 35.00 %
Break Even Point (BEP) 52.00 % TCI 0.00 Lakhs
Cost of Project 4428.00Lakhs

Description:

 

Solid rubber tyres, as their name suggests, are tyres that are constructed entirely out of solid rubber, unlike traditional tyres that are filled with air. This innovative technology deviates from the usual pneumatic tyre design, which contains an inflatable inner tube. Instead, solid rubber tyres provide a consistent, solid performance, quite literally, under pressure. They have been revolutionizing the market due to their unique and practical features. Unlike regular tyres, these do not need air to function, thereby eliminating the possibility of punctures or air leaks. Designed to be robust and sturdy, they can withstand harsh conditions and heavy loads, making them a favorite amongst industries such as construction, agriculture, and mining. In essence, solid rubber tyres represent an advancement in tyre technology that offers durability, reliability, and the promise of a puncture-free ride, putting them in high demand in the global market. Their advent has indeed redefined the concept of mobility in many ways.

Benefits of Solid Rubber Tyres

Solid rubber tires offer several benefits in various applications, particularly where flat tires are a major concern or where tires must endure tough working conditions. Here are some of the key advantages:

v  Puncture and Flat Proof: One of the most significant benefits of solid rubber tires is their resistance to punctures, which virtually eliminates the risk of flats. This is especially useful in industrial settings or construction sites where sharp objects like nails or shards of metal are common.

v  Durability: Solid rubber tires are generally more durable than pneumatic tires. They are less susceptible to wear and tear, especially in harsh working environments. This can lead to longer tire life and reduced replacement costs.

v  Maintenance-Free: Unlike pneumatic tires, solid rubber tires do not require air pressure checks or inflation, making them virtually maintenance-free. This saves time and resources in industrial applications.

v  Stability: Solid tires can provide a more stable ride in certain applications, especially for heavy machinery. The solid construction eliminates the risk of tire deformation under heavy loads, ensuring consistent performance.

v  Resistance to Harsh Conditions: Solid tires are often more resistant to extreme temperatures and corrosive substances. This makes them ideal for use in environments where exposure to such conditions is common, like chemical plants or extreme weather conditions.

v  Cost-Effective in the Long Term: While solid rubber tires might have a higher upfront cost compared to pneumatic tires, their longevity and low maintenance requirements can make them more cost-effective over time.

v  Eco-Friendly Options: Some solid rubber tires are made from recycled materials, offering an eco-friendly option. This is important in industries aiming to reduce their environmental footprint.

Why to Start this Business?

Starting a solid rubber tyre business is a smart move for entrepreneurs looking for a profitable opportunity in a growing industry. With the increasing demand for solid rubber tyres, there is a huge potential for growth and success in this field. They versatile and can be used in various industries, from construction to agriculture. This means that your business can cater to a wide range of customers and industries, increasing your potential for revenue. Moreover, solid rubber tyres have a longer lifespan than air-filled tyres, which means your customers will come back less frequently for replacements, resulting in increased customer loyalty and trust. The durability and puncture-proof design of these tyres make them ideal for industries that require tough and reliable equipment.

Additionally, solid rubber tyres are eco-friendly since they don't require inner tubes and don't release any air pollutants. As more industries and governments push for sustainability, your business can take advantage of this trend by offering an eco-friendly solution.

Overall, starting a solid rubber tyre business is a smart investment that offers long-term growth potential, versatility, durability, and eco-friendliness. As more industries turn to solid rubber tyres, your business can provide a reliable and cost-effective solution that meets their needs.

Indian Market Outlook

The Indian market is one of the fastest-growing markets for solid rubber tyres. With the increasing use of heavy machinery and construction equipment, solid rubber tyres have become the preferred choice for many industries in India. And for good reason. These tyres can handle even the toughest terrains, making them perfect for India's challenging environment.

But that's not all. The durability and puncture-proof design of solid rubber tyres make them ideal for the Indian market. The cost-effectiveness of these tyres is also a huge advantage for Indian businesses, as they won't have to replace them as often as traditional air-filled tyres. Moreover, solid rubber tyres are eco-friendly, which is a growing trend in India as more industries and governments push for sustainability. This provides a great opportunity for businesses in India to offer an eco-friendly solution that meets the needs of their customers while also helping the environment. The Indian market for solid rubber tyres is also ripe for innovation and growth. As more industries adopt this technology, there is a growing demand for advanced and specialized solid rubber tyres. This opens up opportunities for businesses to specialize in certain niches or offer customized solutions that cater to specific industries.

Global Market Outlook

Global Solid Tire Market was valued USD 7.47 BN (by revenue) in 2022 and is anticipated to reach USD 11.55 BN by 2030 with a CAGR of 5.6%. Solid tires are the airless tires that are extremely durable, stable, puncture resistant, and maintenance free. Solid tires are also known as airless tires or non-pneumatic tires. These tires are either made up of solid rubber or molded with plastic compounds. They posses high load bearing capacity and thus used in lawn mowers, forklift trucks, tractors, motorized golf carts, platform vehicles and other heavy load bearing capacity vehicles. Rapid urbanization and industrialization in these regions have led to an increased demand for automobiles and heavy-duty equipment, thus fueling the market growth. Moreover, the increase in middle-class disposable income in these countries has led to a rise in automobile ownership, further boosting the demand for solid rubber tires. The rise of electric vehicles (EVs) is another significant factor contributing to the solid rubber tires market growth.

Conclusion

For entrepreneurs looking for a smart investment, starting a solid rubber tyre business offers a wide range of benefits, from versatility to customer loyalty and trust. And with the Indian market booming, there is no better time to tap into this growing industry.

Key Players

·         Affix Cold Tread Co.

·         BGN Industrial Tyres

·         Industrial Rubber Company

·         VELOX TYRESPVT LTD

·         SOLID-LIFT

·         Grand Harvest Co.Ltd.

·         SETCO

·         Sterling Solid Tyres (P) Ltd

·         Big Tyre

·         Affix Cold Tread Company

·         NEXEN

·         TY Cushion Tire

·         Firestone

·         Goodtime Rubber Co. Ltd.

·         Asha Rubb

Cost Estimation

Capacity:

Truck Tyre                                                 200 Pcs. Per Day

Lorry Tyre                                                  200 Pcs. Per Day

Bike Tyre                                                   200 Pcs. Per Day

Car Tyre                                                     200 Pcs. Per Day

 

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Information

  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

ABOUT NPCS

 

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

 


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

 

Our Approach:


• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.

 

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

   •     Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR