Project Report For Bangle shop industry
Project report for Bangle shop industry is as follows.
Bangles are bracelets often constructed of metal, wood, glass, or plastic, although they can also be manufactured from other materials. Traditionally, these adornments are worn chiefly by women from Asia and Africa. It’s not unusual to see a bride decked up in glass bangles at a wedding. For little girls, gold or silver bangles are the most popular. Bracelets are more flexible and round, whereas bangles are square.
The term bung is derived from Hindi (glass). Materials such as gold, silver, platinum, glass, and other precious and non-precious metals are utilized in their construction. White seashell bangles are worn by married Bengali and Oriya ladies of the Hindu faith. Bangles, known as “Bengali Bangles,” are worn by Bengali women and girls as an alternative to a gold bangle, which is much more expensive.
They are manufactured by melting a thin gold strip onto a bronze band and fusing it. Certain men and women wear bangles on their arms or hands, known as the kada or kara. In Sikhism, the father of a Sikh bride gives the husband a gold ring, a kara (a steel or iron bracelet), and more.
When it comes to Punjabi brides, a chooda is a bracelet they wear on their wedding day. Stone worked white and red bangles from the band. Bangles are a part of Indian culture in virtually every segment of society, regardless of race or religious affiliation. Because of this, they are in high demand among Indians. Because of the growth of internet culture and the greater ease with which people may use smartphones, online merchants are now competing with brick-and-mortar bangle shops for customers’ business. Consumers’ access to this product is more limited than it would be in a traditional retail setting.
Market potential & Strategy
Festivals are a significant factor in the high demand for bangles in the Indian market. Giving bangles to underprivileged ladies is a common practice during certain occasions—fashion-consciousness fuels the entire industry. Though manufacture is centred in several areas, bangle stores may be found across the United States. Bangles continue to be a beloved product by ladies in India and from across the world, resulting in millions of dollars in annual income for the business. The world’s largest producer of glass bangles is Firozabad, Uttar Pradesh.
Sadar Bazar in Firozabad’s Sadar Bazar is famous for its bangle stores. Bangles are made with the latest in cutting-edge technology. The majority of the equipment is made locally and is frequently handled by locals. This equipment runs on natural gas instead of coal, which was formerly the fuel source. Emissions are reduced by using natural gas, which is a more ecologically friendly option. When it comes to heating glass, it’s far more effective than anything else out there. Small enterprises may afford computers that cost between Rs. 20,000 and Rs. 70,000.
These bangles are most commonly made of lace and glass. These bangles are fashioned of lac, a kind of clay that is highly fragile. In Lad Bazar, bangles with brass or silver frames are in high demand for weddings. It is possible to make bangles from a wide range of materials. An average pair of lace bangles cost roughly Rs. 120, while a dozen glass bangles cost anywhere from Rs. 20 to Rs. 30. The amount of material and the level of ornamentation utilized to make the bangles significantly impact their price. There is a huge need for bangles in India, which serve the entire country and sells to other countries. Traders in India benefit from a large number of international tourists to the country’s art galleries. These bangles are now accessible for buying online in India thanks to the development of online commerce.
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