Wire Nail Making- Business ideas
A study in 2017 conducted under the aegis of World economic forum regarding the potential booming sectors of businesses in the next decade (2021-2030) identified construction sector as the front runner due to the projected exponential development of infrastructure in the emerging Asian and African economies.
Considering this, materials required in this sector will be of great demand in the coming years. Steel nails and Concrete nails are two such product which is required in large quantities and the present combined production capacity of the same, all around the world is only 40% of the total requirements.
Wire nail making is relatively considered as a small-scale industry in India and does not require huge factories. Obtaining the required permission is relatively easy and continuous supply of the required raw material ensures continuous production and steady profits. Since the end product is in high demand, finding the market for the products is also easy.
So if you are someone who is searching for a business idea, Nail making business is what we suggest. By choosing such a business, you are moving with the flow of economy and maximizing the benefit from the situation.
We at PALS MORGAN, offer a wide range of nail making machines for you to choose depending upon your requirement and considering your budget. We prepare a formal project plan after discussing with you and helps in acquiring the necessary permits and other documents required. Price range starts from 2.5 Lakhs We also ensure continuous raw material supply to you once the production starts. You have to make your own arrangements for marketing the products.