Project Report For Pencil manufacturing
The project report for Pencil manufacturing is as follows.
The pencil is a lead substance contained in wood or placed in a metal holder used mostly for sketching or writing. Pencil is an useful thing and is used by all primary schools and also by various business organisations. The pencils are created of smooth wood and lead. As everyone understands, pencils are common tools for learning and for many forms of office job, like writing, scribbling, computing. Pencil is used in every other family, office, school , college, etc. for writing on paper, trying to make sketches, drawing, and several other reasons. Regardless of the type of carbon utilized, the pencils are classified as soft moderate and hard.
Thanks to the smooth and simple handling of the pencils, there is a broad usage in different fields such as copying, sketching, drawing, etc. Colored pencils are very common in drawing and painting. Significant reasons for the success of a pencils are:- Great lifespan, Can be removed, Smooth copying, Fewer wear and tear, Supply in all almost all colors.
Market potential & Strategy
India does have 1.5 million schools and more than 315 million students. India have the world ‘s highest student population. In this advent of internet writing tools, their requirement has not been forgotten and they start to expand each year. Pencils matter greatly in any student’s life. Indian schools also made the usage of pencils mandatory to the fourth level. The writing instrument sector in India is expected to have 2600 crores of rupees, which is massive. This sector tends to expand at a solid pace each year. The pencils which are sold primarily on the market are made from wood and others are made of paper and polymer.
This demand is expected to be between 1,600 and 2,400 million pieces per year and Rs 22 billion in size. A variety of Indian and foreign players are vying to exploit this market to the maximum. This paper is the outcome of a field study performed over a span of 11 months.
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