How To Start Ball Pen Making Business in India?

Just about everyone utilises a pen for daily academics, businesses, and job functioning, including students, educators, business people, and company jobholders. In the market, there's always been a high need for a pen. It's accessible in practically any retail outlet or stationery store, and also in large quantities, with various prices from Rs.5 to thousands of rupees. The nicest thing about this company would be that your products will sell in large quantities to the essential chains, rather than in little quantities.

Pen Making Business

Everybody needs a pen for detailing their coursework, critical topics, and even commercial affairs, from classrooms to universities, offices, and even tiny stores. This indicates the level of demand of the customers for enterprises involved in the pen manufacturing industry. The production process for the pen manufacturing industry is done in bulk since the requests which are packaged and then delivered are typically in large quantities. This shows that the quantity of necessary raw materials in the production process would be enormous, giving firms the option to buy raw resources at a reduced cost in exchange for large quantities. Under this industry, you get the option of producing a pen with a price more than that of the ordinary pen, making it appear as a costlier pen for use in rare events, or a regular and affordable price that'd be generally preferred by schoolchildren and many others who would normally spend 5 to 10 rupees on a pen. You can choose either sector and based on which market you choose, you will face competition and operating costs. The equipment too can easily be bought from ball pen-making machine dealers.

Licensed and Registration

The businessman can establish his Pen Production plant as sole ownership at first. Whenever a statutory character is given to an entrepreneur's enterprise, he'll be able to register for GST such that the invoicing and bill processes can function smoothly. A local body, such as a local council or municipality, may also need a trade licence from the business. Different registration, among other things, may be done by the business to take benefit of numerous government initiatives. For a pen-making business, licences are required, they are listed below:

• Trade License
• GST Registration
• Trade Mark
• Firm Registration
• Service Tax
• Current Bank Account
• VAT Registration
• Business Pan Card

The Raw Materials Required by Ball Pen Making Manufacturers

The building materials as well as the number of raw materials necessary for the said pen-making company will vary depending on the sort of pen you want to create. All the materials must be supplied in large quantities if your manufacturing aim is higher than typical, therefore stock them correspondingly. The raw materials are listed below:

• Plastic adaptor
• Metal
• Binder
• Ink
• Carbon black
• Plastic
• Pen Cap
• Metal Tip
• Colour
• Brass
• Barrel

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Equipment Needed for Ball Pen Making Manufacturers

You don't need regular money or cash reserves for equipment because most of it is a one-time expenditure for the Pen Making company. The machinery or equipment used in the pen production process is generally for the metallic tip as well as the inks. The following are the various tools and necessary equipment for the Pen Making industry and can be bought from ball pen-making machine manufacturers or ball pen-making machine dealers:

• Centrifuging Machines
• Weighing scale
• Gloves
• Cleaning tools
• Miscellaneous Equipment
• Drilled Nozzle Plate
• Ball Pen Making Machine Automatic
• Stamping Machines
• Packaging material
• Ink cartridges
• Ink Filling Machines
• Polystyrene

Necessary Investment for the Business

If compared to different sectors, the overall cost of manufacturing in the pen manufacturing business is often cheaper. The explanation for this is that building materials are obtained in bulk and hence at a lesser cost, lowering the overall cost of the operation. The amount of money needed will be determined by the sort of pen you want to make. In our scenario, we're expecting an investment of roughly 5 to 10 rupees for a pen on the market.

• Small Scale: 40000 to 1 Lakh
• Medium or Large Scale: 2 to 10 lakhs

Finance Management Will Have to be Done

Before handling funds, the entrepreneur must first write a company project report. Where all of the program's costs are detailed, including expected future revenues. However, please remember that the project report ought to be useful. That is to say, nothing fictitious in it is to be stated. The owner learns the anticipated cost after completing the project study. Only then would he be able to handle his Pen Manufacturing company's finances. He can use his assets, government-subsidized loan programmes, lines of credit, and other abilities to finance the business.

The Profit to Be Expected from The Business

You may anticipate making a big profit from the Pen producing company because the capital and raw materials costs are modest. This, nevertheless, would be contingent on the cost at which you want to put your pens up for sale in the marketplace. Pen earnings are only received when they are supplied in quantity, therefore if the cost of the pen is lesser than it's supposed to be, there will be little profit. In general, the estimated profits made by a small-scale pen-making company are roughly 30000-80000 Rupees each month. If we are talking about a well-established pen-making firm that is functioning very well on a moderate or big size, with a good reputation and clientele, they may make over 1.5 lakhs each month.

Manpower Needed by The Business

The production procedure of pens is straightforward once taught and skilled; thus, you don't need a lot of people in the pen-creating industry. Nevertheless, the large number of raw materials needed and the large number of pens produced would necessitate meticulous bookkeeping to keep track of it all and deliver on time. It is important to note that ball pen making machine-automatic versions can reduce the manpower required by a lot.

• Given the aforementioned circumstances, the required labour for a small-scale pen manufacturing firm will be between 1 and 3 skilled individuals.
• A large or medium-scale Pen manufacturing business demands greater management of the production process, and therefore requires more people. For a medium-sized pen manufacturing firm, the required workforce would be about 4–7 personnel.

The profitability of a pen-making business is determined by the success of the business. As we all know, in the pen-making company, earnings are made by contemplating bulk sales rather than single sales. As a result, the profit margin is rather low here, but in general, a successful pen-making firm would have profitability of 10-25%.

The Process of Making Ball Pens

Producing pens is a simple technique. This procedure is described in detail below:

• The barrel must first be inserted into a punching device. An adaptor is already installed on this system. When it comes to the barrel adapter, it is inserted into the barrel immediately when the punch is installed.
• After the adaptor has been adjusted, the ink inside the barrel must be filled. Ink is filled using an ink filling device. The ink will be already in the device. When loading the ink, take note that the amount of ink ought to be proportional to the length of the barrel. Loading the pen with extra ink may cause it to leak, affecting the pen's functionality.
• Put your palm just on the top opening of the barrels after that, and afterward apply that to the tip-fixing device. The tip is inserted into the ink-filled barrels using this device. Then it is transformed into a barrel pen.
• Thereafter, the pen is placed in a centrifuging device to remove any remaining air.
• That pen may now be used to write pleasantly. Likewise, you may use machines bought from ball pen-making machine manufacturers to produce more pens and advertise your range of pens anywhere you can.

Consumers To Target for The Pen-Making Business

• Regional stores: Local shops don't stock a lot of things, but rather, they don't stock a lot of different products; instead, they offer the products which are popular in their area. They will, however, be eager to assist your new firm, and as a result, you would be capable of making your initial transactions from them.
• Merchants: Most shops carry pens, but mostly the famous manufacturers; nonetheless, you may take your chances with these by highlighting a few of your company's distinctive attributes.
• Stationaries: Every pen manufacturing company would have this as their primary objective; stationeries have a wide range of pens, ranging in price from Rs.5 to thousands of rupees. They'd buy in large quantities from you.
• E-Commerce Stores: You may advertise your pens on any E-commerce online and make quick money by reaching a larger audience.

Packaging and Marketing

Package in such a way that the packages appear appealing. This implies that for the price of 5 pens, include an extra pen in the package as a bonus. Consumers will be drawn to your company as a result of this. Pens can usually be sold in 5 or 10-piece packs. One could also offer it on the open market. In a sector where many little big firms are selling pens, it is vital to take certain unique efforts to increase their business. The primary prerequisite of advertising is to keep the pen's reliability. To retain quality, first and foremost, the pen's inks must be of better calibre. Furthermore, the tip quality ought to be high for the writing to be legible. To market your business, large posters and signboards might be used. Take control of your business in the city's most advanced areas so that it may be seen by a growing number of individuals.

FAQs: Ball Pen

Q. Is it economical to manufacture pens in India?

Ans. Yes, absolutely! For its applicability in several areas of life, it is quickly has become the most competitive business. Most businessmen nowadays are lured to invest in pencils and pens and combine these to be among the top company ideas.

Q. Where do the majority of ballpoint pens come from?

Ans. As per China Daily, the Chinese already manufacture 38 billion ballpoint pens every year, accounting for around 80% of all ball pens worldwide. The problem here is that China had long struggled to develop a great version of the pen's key crucial component, the tip.

Q. How is the ink for ballpoint pens made?

Ans. Ink for ballpoint pens is typically a paste comprising 25-40% dye. The colours are contained in a fluid as well as fatty acid combination. Phenoxyethanol is the highest used solvent, which combines with the colours and oils to obtain a homogeneous mixture that dries rapidly.