Electronic Industrial Timers

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Product Code (ASICC) 77552
Quality and Standards Type of Clock: Crystal Controlled
Time range:0.1 Sec. to 999.9 Sec. and
0.1 minutes to 999.0 Minutes
Production Capacity Qty.     : 6000 Nos. (per annum)
Value   : Rs. 1,80,00,000
Uploaded on March 2007


The Electronic Industrial Timers are used in the industries to control the process/operation with specified time interval of repetitive nature. It is basically a time-clock with an arrangement for on/ off operation/process at a predetermined specified time-intervals. They find applications in the control of sequential functions of industrial machinery at varying time intervals for plastic industries, pharmaceutical industries, petro-chemical industries, steel industries, power plants etc. Electronics timers are manufactured today to meet the complex function of industries.

The Electronic timer consists of a crystal controlled stable oscillator, sequencing logic circuits, driving circuits and a digital display system with a facility depends on the application for connecting the output to individual machinery/system to control the operation at predetermined time interval. Simple timer with an on/off arrangement to sophisticated electronic timers are manufactured today to meet the specification of the industry.

Market Potential

The Control, Instrumentation and Industrial Electronics sector of the Electronics industry plays a vital role in the modernization through instrumentation and automation in India's manufacturing, public utility services and infrastructure sector. The major manufacturing industries like Petrochemical; Cement; Steel; Fertilisers; Chemicals; Textiles are some of the manufacturing sectors which are the beneficiaries of this technology for production improvement, cost efficiency, safety, quality control etc. Over the last few years, Indian industry in this sector has established its base, as such it is felt that the demand of industrial timers bound to grow faster in the coming years.

Basis and Presumptions

  • The basis for calculation of production capacity has been taken on two shifts basis of 8 hrs. each on 75% efficiency.
  • The maximum capacity utilization on two shift basis of eight hours each for 300 days a year. During first year and 2nd year of operation the capacity utilisation is 60% and 80% respectively. The unit is expected to achieve full capacity utilisation from the 3rd year onwards.
  • The salaries and wages, cost of raw materials, utilities, cost of land and civil construction cost are based on the prevailing rates in North India. These cost factors are likely to vary with time and location.
  • Interest on term loan and working capital loan has been taken at the rate of 12% on an average. This rate may vary depending upon the policy of the Financial Institutions/Agencies from time to time.
  • The cost of machinery and equipments refer to a particular make/model and the prices are approximate
  • The break-even point percentage indicated is of full capacity utilization.
  • The project preparation cost etc. whenever required could be considered under pre-operative expenses.
  • The essential production machinery and test equipment required for the project have been indicated. The unit may also utilize common test facilities available at Electronics Test and Development Centres (ETDCs) and Electronic Regional Test Laboratories (ERTLs) set up by the State Governments and STQC Directorate of the Department of Information Technology, Ministry of Communication and Information Technology, to manufacture products conforming to Bureau of Indian Standards.

Implementation Schedule

The major activities in the implementation of the project has been listed and the average time for implementation of the project is estimated at 12 months

Name of Activity

Period in Months (Estimated)

Preparation of project report 1
Registration and other formalities 1
Sanction of loan by financial institutions 3
Plant and Machinery  
(i) Placement of orders 1
(ii) Procurement 2
(iii) Power connection/ Electrification 2
(iv) Installation/Erection of machinery/Test Equipment 2
Procurement of Raw materials 2
Recruitment of Technical Personnel etc. 2
Trial Production 11
Commercial Production 12


  • Many of the above activities shall be initiated concurrently.
  • Procurement of raw materials commences from the 8th month onwards.
  • When imported plant and machinery are required the implementation period of project may vary from 12 months to 15 months.

Technical Aspects

Process of Manufacture

The manufacturing process involves electronics assembly and electromechanical hardware assembly. In electronic assembly the components viz. ICs, transistors, crystal, diodes, capacitors, resistors, transformers, coils, preset potentiometers on a printed circuit board as per the layout design of electronic circuit. The oscillator assembly should be well shielded from other circuits for stability. The assembled PCB is then tested for performance before going into the final assembly. The electromechanical components such as connectors, sockets, switches, terminal and LED or LCD display indicators are assembled as per the design on the front panel of the equipments. Subsequently the electronic assembly and electromechanical assembly are further assembled to form a compact unit and encased in a metallic or plastic case. The product is then calibrated and tested as per the relevant design specification.

It is essential to inspect all the raw material and components for quality before the assembly of the equipments.

Quality Control and Standards

Type of clock Crystal controlled
Time range 0.1 Sec to 999.9 Sec and 0.1 minutes to 999.9 minute
Setting accuracy 0.1%
Repeat accuracy 0.1%
Display 3 digit (LED)

Production Capacity (per annum)


Value (Rs.)

6000 Nos . 180,00,000
Motive Power 5 KVA (approx.)

Pollution Control

The Govt. accords utmost importance to control environmental pollution. The small-scale entrepreneurs should have an environmental friendly attitude and adopt pollution control measures by process modification and technology substitution.

India having acceded to the Montreal Protocol in Sept. 1992, the production and use of Ozone Depleting Substances (ODS) like Chlorofluoro Carbon (CFC), Carbon Tetrachloride, Halons and Methyl Chloroform etc. need to be phased out immediately with alternative chemicals/ solvents. A notification for detailed Rules to regulate ODS phase out under the Environment Protection Act, 1986 have been put in place with effect from 19th July 2000.

The following steps are suggested which may help to control pollution in electronics industry wherever applicable

  • In electronic industry fumes and gases are released during hand soldering/wave soldering/Dip soldering, which are harmful to people as well as environment and the end products. Alternate technologies may be used to phase out the existing polluting technologies. Numerous new fluxes have been developed containing 2-10% solids as opposed to the traditional 15-35% solids.
  • Electronic industry uses CFC, Carbon Tetrachloride and Methyl Chloroform for cleaning of printed circuit boards after assembly to remove flux residues left after soldering, and various kinds of foams for packaging.

    Many alternative solvents could replace CFC-113 and Methyl Chloroform in electronics cleaning. Other Chlorinated solvents such as Trichloroethylene, Perchloroethylene and Methylene Chloride have been used as effective cleaners in electronics industry for many years. Other organic solvents such as Ketones and Alcohols are effective in removing both solder fluxes and many polar contaminants.

Energy Conservation

With the growing energy needs and shortage coupled with rising energy cost, a greater thrust in energy efficiency in industrial sector has been given by the Govt. of India since 1980s. The Energy Conservation Act, 2001, has been enacted on 18th August 2001, which provides for efficient use of energy, its conservation and capacity building of Bureau of Energy Efficiency created under the Act.

The following steps may help for conservation of electrical energy

  • Adoption of energy conserving technologies, production aids and testing facilities.
  • Efficient management of process/ manufacturing machineries and systems, QC and testing equipments for yielding maximum Energy Conservation.
  • Optimum use of electrical energy for heating during soldering process can be obtained by using efficient temperature controlled soldering and desoldering stations.
  • Periodical maintenance of motors, compressors etc.
  • Use of power factor correction capacitors. Proper selection and layout of lighting system; timely switching on-off of the lights; use of compact fluorescent lamps wherever possible etc.

Financial Aspects

Fixed Capital

Land and Building
Land 500 Sq. Mtr @ Rs. 3500 /Sq. mtr Value Rs. 17,50,000

Civil Construction

Boundry wall, gates and road inside the factory Value

Built up area including factory shed, offices, borewell, raw material and finished goods store, workers room. Area required = 400 Sq. Mtr @ Rs. 9000 per Sq. mtr. Value

Rs: 5,00,000

Rs. 36,00,000
Civil construction cost Rs. 41,00,000
Total land and civil construction cost Rs. 58,50,000

Machinery and Testing Equipments



Qty. Nos.

Total (Rs.)

Bench Drilling Machine (1/2") Ind. 1 50,000
Portable Grinder Ind. 1 40,000
Testing equipments
Oscilloscope DC 20 MHz Ind. 1 60,000
Power Supply 0-30V, 2A Ind. 4 50,000
Digital Multimeters (3 1/2 Digits) Ind. 1 10,000
Counter (1 MHz) Ind. 1 50,000
LCR Meter (Digital), IC testers and transistor testers Ind. 1 1,50,000
Bore well water system, Ind. 1 5,00,000
Total 8,20,000
Tools, Fixtures, Jigs, Soldering Iron etc. Ind. LS 50,000
Electrification and Installation Charges @ 40% of Cost of Machine and Equipments Ind. LS 348,000
Office Equipments and Furniture Ind. LS 500,000
Plant and m/c cost Ind. LS 17,18,000
Preoperative expenses 3,00,000
Total fixed capital (i) + (ii) + (iii) 78,68,000

B. Working Capital (per month)

(i) Personnel



Amount (Rs.)

Administrative and Supervisory
Finance and Accounts 2 25,000
Sales and marketing 4 50,000
Purchase and stores 4 40,000
Administrative staff including Peons/watchman 6 50,000
Production Manager 1 25,000
Production Engineer 1 15,000
Production Supervisors 3 15,000
Direct Workers
Skilled workers 6 30000
Semi-skilled workers 6 24000
Total 2,74,000
Perquisites@ 22% of salaries 60,000
Total 3,34,000

(ii) Raw Materials (per month)



Requirement/ unit (Rs.)

for 500 Nos.

Integrated circuits (5 Nos) Imp. 200 1,00,000
LED Display (3 Nos) Imp. 100 50,000
Resistors (20 Nos.) Ind. 10 5,000
Capacitors (8 Nos.) Relay Ind. 15 8,000
Transformer and Relay Imp./Ind. 100 50,000
Pre-sets (2 Nos.) Ind. 10 5,000
Printed circuit Board (2 Nos.) Ind. 40 20,000
Thumb wheel Switches (3 Nos.) Imp. 180 90,000
Connectors, Terminal, Strips, Sockets Ind. 30 15,000
Casing and Mechanical Hardware Ind. 120 60,000
Packing and consumables Ind. 30 15,000
Total 4,18,000

Note: The raw materials requirement vary with design and specification of equipment.

(iii) Utilities (per month)


Power 10,000
Water 2,000
Total 12,000

(iv) Other Contingent Expenses (per month)



Postage and stationery 5,000
Repair and maintenance 2,000
Transport charges 20,000
Telephone 10,000
Consumable stores 20,000
Advertisement and publicity 50,000
Insurance 5,000
Miscellaneous expenditure including sales , marketing and traveling 2,00,000
Total 3,12,000

Total Recurring Expenditure/per month (i) + (ii) + (iii) + (iv)

Rs. 3,34,000 + 4,18,000 + 12,000 + 3,12,000

= Rs. 10,76,000

Total Working Capital (3 Month Basis)

= Rs. 32,28,000

C. Total Capital Investment

Fixed capital Rs. 78,68,000
Working capital Rs. 32,28,000
Total Rs. 1,10,96,000

Financial Analysis

Cost of Production (per annum)


Total recurring cost 1,29,12,000
Depreciation on m/c & equipments @ 10% 82,000
Depreciation on tools/jigs/ fixtures and office equipments @ 20% 1,10,000
Depreciation on civil construction 2,05,000
Interest on total investment @ 12 % 13,32,000
Total 1,46,41,000

Turnover (per annum)

Item Qty.(Nos.) Rate Total (Rs.)
Electronic Industrial timer 6000 3000 1,80,00,000

Note: The rate/unit vary with design and specification.

Net Profit/per year (Before Income Tax)


  Rs. 1,80,00,000 – 1,46,41,000
  Rs. 33,59,000

Net Profit Ratio


Net Profit per year x 100

Turnover per year

  Rs. 33,59,000 x 100
  Rs. 180,00,000

Rate of Return


Net Profit per year x 100

Total Investment

  Rs. 33,59,000 x 100
  Rs. 11,096,000

Break-even Point

Fixed Cost (per annum)


Depreciation (on Machines and equipments, tools, fixtures and office equipments) 3,97,000
Interest on total investment 13,32,000
40% of salary and wages 16,03,000
40% of other contingent expenses 14,98,000
Total 48,30,000
B.E.P Fixed Cost × 100
Fixed Cost + Profit
  Rs. 48,30,000 × 100
  Rs. 48,30,000 + 33,59,000

Additional Information

  • The Project Profile may be modified/tailored to suit the individual entrepreneurship qualities/capacity, production programme and also to suit the locational characteristics, wherever applicable.
  • The Electronics Technology is undergoing rapid strides of change and there is need for regular monitoring of the national and international technology scenario. The unit may, therefore, keep abreast with the new technologies in order to keep them in pace with the developments for global competition.
  • Quality today is not only confined to the product or service alone. It also extends to the process and environment in which they are generated. The ISO 9000 defines standards for Quality Management Systems and ISO 14001 defines standards for Environmental Management System for acceptability at international level. The unit may therefore adopt these standards for global competition.
  • The margin money recommended is 25% of the working capital requirement at an average. However, the percentage of margin money may vary as per bank's discretion.

Addresses of Machinery and Equipment Suppliers Machinery

  • M/s. Quality Machine Tools
    24 J.C. Road,
    VISL Building,
  • M/s. Swastic Machine Tools
    4, Lata Chambers,

  • Testing Equipments

  • M/s. Applied Electronics Ltd.
    A-5, Wagle Industrial Estate,
  • M/s. BPL (India) Ltd.
    84, MG Road,
  • M/s. Peico Electronics and Electrical Ltd.
    Shivasagar Estate,
    Block 'A1',
    Dr. Annie Besant Road,
  • M/s. Agronic Instruments (P) Ltd.
    201, Shiva Shakti Indl. Estate,
  • M/s. Systronics
    89-91, Industrial Area,
  • M/s. Electronics Trade and
    Technology Dev. Corporation Ltd.
    15/48, Malcha Marg,
    New Delhi-110021.

Addresses of Raw Material Suppliers Raw Material/Components

  • M/s. Electronics Trade and
    Technology Dev. Corporation Ltd.
    15/48, Malcha Marg,
    New Delhi–110021.
  • M/s. Peico Electronics and Electricals Limited
    Shivasagar Estate,
    Block - A
    Dr. Annie Besant Road,
  • M/s. OEN Connectors Ltd.
    Vyttila, Post Box No. 2,
  • M/s. Micropack Ltd.
    Plot No. 16,
    Jigani Industrial Area,
    Anekal Taluk,
    Bangalore –562106.
  • M/s. Amar Radio Corporation
    11/1, Thiglar Periyanna Lane,
    SJP Road,
  • M/s. Globe Industries
    69, Saddar Patrappa Road,
    Behind SJP Road,

Imported Components

  • M/s. Intraco Ltd.
    456, Alexandra Road,
    14, NOL Bldg.,
  • M/s. Rosemount Ine
    P.O. Box 35129,
    MN 55435 (612) 941-5560, USA.
  • M/s. General Electronics
    19, 5th Floor,
    Tardeo Air Conditioned Market,
  • M/s. Bakubhai Ambalal
    (Electronics Dept.)
    Kaiser-1, Hind Building,
    Ballard Estate,
  • M/s. Kelly Electronics (P) Ltd.
    1413, Dalmal Tower,
    Nariman Point,

For further information please contact

Information Manager
TIMEIS Project
E-mail: timeis@ficci.com