A Nut is a type of fastener that has a threaded hole in the middle and they are used with bolts to secure the object. With these fasteners, locking tools can be used to prevent the loosening of the nuts. Nuts are of different shapes, sizes and designed as per customers’ requirements.

Bolts are considered one of the most versatile fasteners available in different sizes and shapes. These types of fasteners have different thread patterns, head shapes, lengths and various characteristics. They require a hole where they need to be fitted. Most often, people, who don’t have sufficient knowledge regarding bolts, use the terms bolts and screws interchangeably.

The nut and bolt manufacturing business has gained popularity due to the rapid Industrialization and introduction of the Capital-Intensive Techniques in the Industries that are used as the Industrial fasteners to connect various machines and structures. The rapid growth of the global industrial manufacturing industries has caused a rising demand for fasteners in both automotive and construction businesses, which has led to the expansion of the nut and bolt manufacturing business across the world. India has established various fastener manufacturing units manufacturing various range and varieties of the fasteners. With the introduction of the globalized policies by the Indian government, the Indian nut and bolt manufacturers can reach a global market easily while it has also attracted the global market to enter into the Indian markets. The significant growth of the automobile industry in India has been contributing to the automobile specific nut and bolt making business.

In manufacturing Nuts, the main raw material is the hexagonal rod of the desired size. For Bolt manufacturing, the required major raw material is MS rounds. Apart from this, one will need to arrange packaging consumables.

A Project Report is not only essential for obtaining financial assistance from Bank/ Financial Institution/Funding Agency but also the most important document either to participate in the development schemes of MSME Sector/ Department of Industries or in completing various time-consuming government formalities connected with planning and commercial operation of the proposed business project.

This Detail Project Report (DPR)/ Business Plan has been developed in a well-structured PDF Format to be presented as a Ready Project Proposal immediately thereby saving precious time of the promoter in the process of completing requisite formalities in anticipation of setting up the business project. Accordingly, following Project Templates has been deliberately left blank in order to facilitate customisation by the perspective entrepreneurs based on personal requirements and furnish necessary information on actual basis.

§ Project at a Glance                                     :             To be Filled Up as per Personal Requirements.

[Total Capital Expenditure, Working Capital, Estimated Cost of the Project, Amount of Bank Loan, Amount of Equity Capital and Amount of applicable Margin Money Subsidy – (Urban/Rural /General Category/ Special Category)].

§ General Information and Location          :             To be Furnished in the Blank Space.

[Name of the Unit/Firm, Address of the Proposed Project Location, Size of the Space Available and Occupancy under Ownership/Lease Agreement].

§ Promoter’s Background                            :             To be Furnished in the Blank Space.

[Name of the Promoter, Age, Communication Address, Educational Qualification, Work Experience and Special Training Attended, if Any].

This Project Report/ Business Plan covers all the important aspects of the Project containing Highlights of the Project, Introduction, Market Analysis, Operational Aspects and Financial Aspects. The presentation also supplements with important facts and useful information covering the areas as indicated below;

LIST OF ANNEXURES

1.     Statutory Permits and Business Licenses required for the Project

2.     Smart Tips to Identify Suitable Project Location

3.     Beginner’s Guide to Start the Project

4.     Critical Success Factors in MSE Business and

5.     Market Entry, Distribution, Marketing Strategy and Promotional Ideas to Boost the Sale of the Business.

LIST OF ENCLOSURES

ENCLOSURE-1: PROSPECT FOR INVETSMENT IN NUTS & BOLTS MAKING BUSINESS.

ENCLOSURE-2: E-BOOK ON SCHEMES FOR MSMEs, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-3: SALIENT FEATURES OF MUDRA LOAN SCHEME, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-4: FAQ ON MUDRA LOAN SCHEME.

ENCLOSURE-5: BRIEF ABOUT PSB LOANS IN 59 MINUTES SCHEME.

ENCLOSURE-6: FAQ ON PSB LOANS IN 59 MINUTES SCHEME.

Thus the information provided would help in identifying in advance the infrastructure/resources required for the Project and approach the concerned government agencies accordingly. Hence, it becomes a complete document for further action towards realising the dream of becoming an entrepreneur.