Decorative Glass Toys
Uploaded on |
February 2013 |
Introduction
Glass toys are made out of hollow or solid glass tubes or rods in different colours. These products have decorative value and use and as the name suggests these are not actual toys for children to play with. The shapes and sizes of these articles may be in the form of birds, animals, or others like monuments, ships, Buildings etc. The toys are made attractive by using different colours. These are mainly used as decorative pieces in houses.
Industry Profile and Market Assessment
These are items of decoration and find place in show cases in houses or offices. These are fragile items and need to be handled carefully. Glass items with artistic figures and shapes having an appeal find a good market in affluent families. Besides hotels, restaurant offices reception areas of offices also display such items for general appeal. Glass items have better general appeal as compared to plastic or other material toys. As the standard of living and purchasing capacity of the society improves such decorative items find larger demand. The market for such products depends on its artistic appeal and price. The more eyes catching are the colour combinations and the more complicated the shape and designs the better is the market for the product. The products have good demand in foreign countries who value Indian art. The beauty of the product lies in its art work neatness and colour appeal. The display of these products in Trade fairs/exhibitions or during community religious functions has also popularized the product to a great extent.
Manufacturing Process & Know How
The process of manufacturing is simple and standardized. Soda-lime and carving glass rods and tubes of dufferent sizes and in different colours are used in manufacturing different types of solid and hollow glass toys. The glass tubes and rods are heated and softened over LPG flame drawn and fabricated to desired shapes and size with the help of blowing tools. The shape is finalized by adding other parts to the body. The shapes of the toys are generally adopted from the standard pictures available in the market or are sometimes given some artistic appearance. The toys are given an artistic appearance by using different colours, silvering or by using transfer papers. There are no standards available for such articles, hence these are generally made to meet the requirement of the consumer. The get up of the toys and its appeal depends on the skill of the worker in blowing and finishing.
Know how is available indigenously and the machinery is all indigenously available.
The production capacity envisaged is 1,20,000 toys of different types per annum on one shift basis for 300 days per year.
Plant and Machinery
| LPG cylinders | 12 nos. |
| Burners | 12 nos. |
| Oxygen cylinders | 4 nos |
| Oxygen regulators | 4 nos |
| Blowing work Bench | 12 nos. |
| Muffle Furnace 12 kw Working temp 750-800* C | 1 nos. |
| Misc. lab eqpt. & Furniture | L.S |
The total cost of machinery is estimated to be Rs. 2.00 lakhs.
The unit will also require miscellaneous assets such as furniture, fixtures, storage facilities etc. the total cost of these is estimated to be Rs. 0.80 lakhs.
The total requirement of power shall be 20 HP.
Raw material and Packing Material
The basic raw material for the unit is good quality Soda glass tubes, coloured tubes and rods, chemicals for silvering. Amber glass tubes, corning glass rods, iridescent lustres and coatings, packing material and boxes. The annual requirement of raw material and chemicals is estimated to be Rs. 3.08 lakhs. The packing may be of two types for retail sale and for bulk sale. Packing material should be such so as to properly handle fragile goods. Moulded thermocole boxes may preferably be adopted to prevent breakages.
On an average the raw material cost has been estimated to be Rs. 3.08 lakhs per annum.
Land and Building
For smooth operation of the unit, it will require a built up area of 100 sq. mts. The total cost of 150 sq mt land and building is estimated at Rs. 3.75 lakhs.
Manpower
For smooth functioning of the unit the requirement of man power is expected to be around 11 persons.
| Sales person | Self |
| Skilled Workers | 6 |
| Semi skilled workers | 2 |
| Helpers | 3 |
| Supervisor | self |
The annual salary bill is estimated to be around Rs. 3.40 lakhs.
Sales Revenue: (100% capacity)
Selling price varies depending on the product quality. For soda lime glass plain and coloured toys on an average 1.04 lakh nos. selling price is taken as Rs. 9/- per toy and for carving toys 16000nos. as Rs. 26/- per toy. The total revenue works out to Rs. 13.52 lakhs. Considering a breakage loss of 5% the sales turnover is Rs. 12.84 lakhs.
10) Cost of Project
| Rs. lakhs | |
| Land & Building | 3.75 |
| Plant & Machinery | 2.00 |
| Other assets | 0.80 |
| Contingencies | 0.65 |
| P & P expenses | 1.00 |
| Margin money | 0.81 |
| Total | 9.01 |
Means of Finance
| Promoters Contribution | 2.86 |
| Term Loan | 6.15 |
| Total | 9.01 |
Profitability:(60%capacity)
| Rs. lakhs | |
| Sales | 12.84 |
| Raw material | 3.08 |
| Salary | 3.40 |
| Utilities | 0.96 |
| Stores & Spares | 0.30 |
| Repairs & Maintenance | 0.60 |
| Selling expenses | 1.20 |
| Administrative expenses | 0.60 |
| Depreciation | 0.20 |
| Interest on T.L | 0.67 |
| Interest on W.C | 0.86 |
| Cost of production | 11.87 |
| Profit | 1.07 |
Requirement of Working Capital
| Margin | W.C | Margin money | ||
| Raw material & packing | 15 days | 30% | 0.15 | 0.05 |
| Stock of finished goods | 15 days | 25% | 0.50 | 0.13 |
| Working expenses | 1 month | 100% | 0.47 | 0.47 |
| Sale on credit | 15 days | 25% | 0.64 | 0.16 |
| Margin money for W.C | 0.81 |
Break Even point: 60%
Addresses of Machinery Suppliers
- M/S Toshniwal Bros. Rajaji Nagar, Bangalore.
- M/s Indian Oxygen & acctylene Co.Mudali Street, Chennai.
- M/S Jain Scientific Glass Works, Bengali Mohalla, Ambala Cantt.
- M/S Mehandiratta & Associates, Hathras Road, Naraich,Agra.
Raw Material Suppliers:
- M/S Borosil Glass works, R.G.Thandani Marg, Worli, Mumbai.
- M/S Saraikella Glass Works P. Ltd. Konnagar Rly Station, Dist Hooghly, West Bengal.
- M/S Hi-Tech Glass Factory, Dholpur, Rajasthan.
- M/S Manohar Glass Works, Station Road, Firozabad, U.P
For further information please contact
Information Manager
TIMEIS Project
E-mail: timeis@ficci.com
