Detailed Project Report (DPR) on GOLD JEWELLERY BUSINESS

Detailed Project Report (DPR) on GOLD JEWELLERY BUSINESS

GOLD JEWELLERY BUSINESS

EIRI/EDPR/4855 J.C.3076XL

Jewelry, objects of personal adornment prized for the craftsmanship going into their creation and generally for the value of their components as well.Chemically, noble metals resist oxidation and corrosion in moist air. They also possess varying degrees of resistance to acids. This group includes the following elements: ruthenium, rhodium, palladium, osmium, iridium, gold, silver, and platinum.In addition to noble metal properties, gold, silver, and platinum posses the following characteristics:These metals occur worldwide, but not in large enough quantities to render them less valuable.They’re considered precious metals and have been used as currency (a store of value). Many cultures, historically and currently, consider these metals beautiful, sensuous, and glamorous, which increases their appeal.These metals also possess malleability, which makes them practical choices for jewelry making. For all these reasons, the trio of gold, silver, and platinum continue to enjoy considerable popularity as jewelry metals.Jewelry is a personal ornament, such as a ring, bracelet, necklace or any other item made from jewels, precious metals or any other material. The word 'jewelry' is derived from the Latin word ‘jocale', which means plaything. In the language of today, the word jewelry is used to describe any piece of precious metal or gemstone used to adorn oneself. Jewelry has fascinated, thrilled and impressed the world for thousands of years and played an important role in growth of human civilization. Jewelry is one of the oldest forms of body adornment and was in use before clothing came into existence.In primitive times, jewelry was created from natural materials, such as bone, animal teeth, shell, wood, and carved stone. After the discovery and extraction of minerals and metals, jewelry has been created by setting sparkling gemstones into precious metals. These minerals and metals are extracted in a rough state and usually require some treatment before their use in jewelry. Gemstones are cut and polished to exhibit their sparkle, whereas alloys are mixed in with metals to make them strong and colorful.

COST ESTIMATION

Plant Capacity                                1.00 Kg/Day 

Land & Building (12000 Sq.ft)  Rs.1.05  Cr    

Plant & Machinery                               Rs. 1.59 Cr 

Working Capital for 1 Month            Rs. 37.91 Cr 

Total Capital Investment                    Rs. 41.23 Cr 

Rate of Return                                      20%

Break Even Point                                47%


CONTENTS


INTRODUCTION

HISTORY OF JEWELRY

INDUSTRY OVERVIEW

GLOBALECONOMY

INDIAN ECONOMY OVERVIEW INTRODUCTION

MARKET SIZE

RECENT DEVELOPMENTS

GOVERNMENT IN ITIATIVES

ROAD AHEAD

GEMS AND JEWELLERY MARKET OUTLOOK IN INDIA

MARKET SIZE

INVESTMENTS/DEVELOPMENTS

GOVERNMENT IN ITIATIVES

ROAD AHEAD

EXPORT OUTLOOK FOR INDIAN GEMS AND JEWELLERY INDUSTRY

EXPORT TREND

EXPORT DESTINATIONS

GOVERNMENT IN ITIVATIVES

GROWTH DRIVERS AND OPPORTUNITIES

HIGH GOLD DEMAND ININDIA ACT S ASAMA JORDRIVERFORGROWTHANDOPPORTUNITY

GOVERNMENT INITIATIVES AND REGULATORY FRAME WORK

JEWELLERY BUSINESS MODEL

PRODUCTS

BUSINESS FLOW CHART

ORDER-TO-DELIVERY PROCESS FLOW CHART PROCESS FOR GOLD JEWELLERY (22KARAT)

ORDER-TO-DELIVERY PROCESS FLOW CHART FOR DIAMOND

JEWELLERY (18KARAT)

JEWELLERY SHOP ORDER-TO-DELIVERY PROCESSFLOWCHART:

MANUFACTURING PROCESS FLOW CHART

CASTING JEWELLERY PRODUCTION PROCESS

EFFLUENT TREATMENT PROCESS (Scrubber System)

ORDER MANAGEMENT SYSTEM

RAW MATERIAL PROCUREMENT

BUSINESS/TRADE RELATED LAWS/REGULATIONS

CORPORATE AND COMMERCIAL LAWS

EMPLOYMENT AND LABOUR LAWS

ENVIRONMENT RELATED LAWS

TAX RELATED LEGISLATIONS

INTELLECTUAL PROPERTY LEGISLATIONS

FOREIGN TRADE REGULATIONS

OTHER APPLICABLE LAWS

TYPES OF GOLD & SILVER JEWELLERY

PROPERTIES OF GOLD & SILVER

MATERIALS USED IN GOLD JEWELLERY MAKING

B.I.S. SPECIFICATION

JEWELLERY SIZE

GRADES, ADVANTAGE & DISADVANTAGE

SETTINGS & FINISHING

KEY BRANDS IN THE INDIAN JEWELLERY SEGMENT

MANUFACTURING PROCESS

PROCESS FLOW DIAGRAM

CERTIFICATION OF GEMS AND JEWELLERY

GOLD PRODUCING COUNTRIES

JEWELRY WEB LINKS - JEWELRY ASSOCIATIONS

RAW MATERIAL SUPPLIERS

DOCUMENTS REQUIRED FOR LICENSES

PRINCIPLES OF PLANT LAYOUT

PLANT LOCATION FACTORS

EXPLANATION OF TERMS USED IN THE PROJECT REPORT

UTILITIES

GOLD CHAIN MAKING MACHINE MANUFACTURS

JEWELLERY POLISHING MACHINES

JEWELLERY FINISHING TOOL

CHAIN FACETING MACHINE/ CUTTING MACHINE PRICE

MAGNETIC POLISHER MANUFACTURE

ULTRASONIC JEWELLERY CLEANERS

WIRE ROLLING MACHINE FOR JEWELLERY

SURFACE GRINDING MACHINE FOR JEWELLERY

SURFACE GRINDING MACHINE

MACHINERY SUPPLIERS

PICKLING CHEMICALS

FIREFIGHTING EQUIPMENTS MANUFACTURERS & SUPPLIERS

WEIGHING MACHINES

D.G. SET MANUFACTURERS & SUPPLIERS

ELECRICAL GOOD & SWITCH MANUFACTURE

ADDRESSES OF RELEVANT GOVERNMENT OFFICES

ADDRESSES OF FINANCIAL INSTITUTIONS

ORGANIZATION CHART

IMPLEMENTATION SCHEDULE

PROPOSED IMPLEMENTATION SCHEDULE 12 MONTHS

SWOT ANALYSIS:

RAW MATERIAL PHOTOGRAPHS

PLATING CHEMICALS

MACHINERY PHOTOGRAPHS

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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