How To Start 3d Printing Pen Making Business In India?
Introduction
There is no industry that would not benefit from utilizing 3D printing. The proliferation of 3D printing companies is evidence of the market's growing acceptance of the technology and the many benefits it offers. The 3D printing pen is similar in size to a regular pen, but instead of ink or lead, it feeds plastic filament into the device. Like a portable 3D printer, it can "print" items by drawing them out of thin air.
With a 3D pen in hand, you can create a model straight out of your head without the aid of a computer or any special software. The vast majority of 3D printing pens require either batteries or an electrical connection (often a USB cable).
Steps to Start 3d Printing Pen Making Business in India
1. Do Your Homework and Learn the Ropes of the Industry
The development of 3D printing in India has just begun. However, many Indian merchants and manufacturers lack the knowledge necessary to succeed in the 3D printing industry. The 3D printing industry in India has not yet become the dominating one. Therefore, before beginning, one should get a thorough familiarity with the subject and the underlying business model.
2. Raw Material Required
Only a select few materials are used in most 3D printing pens. Acrylonitrile butadiene styrene (ABS), polylactic acid (PLA), and polyvinyl alcohol are just a few examples (PVA). Polycarbonate (PC) and Polyamide (PA) are just two of the new materials compatible with the newest 3Doodler pen (Nylon). Wood, copper, and bronze plastic composites are all within its scope of competence.
We'll tell you all about ABS and PLA, two of the most widely used materials.
- (Acrylonitrile Butadiene Styrene) (ABS): ABS sees extensive use in the conventional manufacturing sector. ABS is widely used in the production of plastic goods, including toys like Lego bricks. In addition to being inexpensive, it's also quite accessible. The material's greater melting point is one of its downsides (210 OC to 240 OC). ABS, when melted, also releases poisonous gases, so care must be given when handling the material.
- Lactonic Acid Polymer (PLA): To that end, 3d pen manufacturers frequently employ PLA, a biodegradable substance that prints well. Its melting point is lower than that of ABS (between 160 and 200 degrees Celsius), it gives off no harmful fumes, and it even has a pleasant aroma. However, a significant downside is the length of time required for cooling following extrusion. Although this trait aids PLA's performance in 3D printing, it hinders it when used with a 3D pen.
Here are other materials you will need:
- Barrel
- Metal
- Plastic
- Metal Tip
- Plastic adapter
- Pen Cap
- Ink
3. Required License
Here are the license you need to 3D printing pen making business:
- Current Bank Account
- GST Registration
- Service Tax
- Business Pan Card
- VAT Registration
- Firm Registration
- Rade License
- Trade Make
4. Required Equipment and Machinery
Because most of the equipment is a one-time investment, you do not need regular financing or working capital for your handheld 3d printing pen making business. This is because the majority of the equipment. In the production of 3d printing Pens, the machinery or equipment that is utilized in the process is typically for the production of the metal tip and the ink. The following is a list of the various pieces of equipment and machines needed for the 3d printing Pen Making Company.
- Cleaning tools
- Gloves
- Stamping machines
- Weighing Scale
- Drilled nozzle plate
- Ink Cartridges
- Miscellaneous Equipment
- Centrifuging equipment
- Polystyrene
Also, Read - How To Start Ball Pen Making Business in India?
5. Investment
When compared to the costs of manufacturing in other industries, the overall cost of production in the 3d printing Pen Making Business is significantly cheaper. The reason for this is that the raw ingredients are obtained in large quantities, and as a result, at a reduced cost, which results in a more cost-effective end process. The type of 3d printing Pen that you intend to make will determine the level of capital that is necessary for the endeavor. Regarding the situation, we are going to presume that the investment is for a 3d printing Pen that would sell for somewhere between Rs. 450 and Rs. 2,000 in the market.
|
Content |
Price |
|
Small Scale
business |
50,000- 2
lakhs |
|
Medium or
large Scale |
5- 20 lakhs |
6. Profit Margins
You can anticipate producing a big return from the 3D printing Pen Making business because it requires a modest initial investment and the cost of the raw materials is also minimal. Nevertheless, this is something that would also be contingent on the price at which you intend to sell your 3D printing Pen on the market.
If the price is set too low, there won't be much of a profit to speak of because the earnings from selling 3D printing Pens in bulk are where the majority of the money is made. Taking the average of the numbers, the anticipated profits from the small-scale business of creating 3D printing Pens are somewhere in the range of 1 lakhs to 5 lakhs Indian Rupees (Rs) per month.
If we are talking about a 3d printing pen Dealers producing firm that is well-established and doing really well on a medium or large size, with a decent brand name and market, then they have the potential to generate more than 1.5 lakhs per month.
7. Man Power
Because creating 3d printing pens is a relatively straightforward procedure if you've mastered the necessary techniques, a small team of skilled workers can get the job done just fine. Due to the high volume of raw materials needed and 3d printing pens produced, however, accurate record-keeping is essential for keeping track of everything and remaining on schedule.
Assuming the foregoing, the optimal number of employees to hire for a modest-sized 3d printing pens manufacturing operation is between between one and three people with relevant skills.
Both a sizable and a not-insignificant a medium-sized 3d pen manufacturing operation would need between four and seven employees due to the increased complexity of the production process it would entail.
8. Target Customers
Artists and enthusiasts alike will benefit greatly from the advent of the 3D printing pen. They don't need to use a computer program if they can just draw whatever comes to mind. A stumbling block for the development of 3D printing. This is unnecessary with a 3D printing pen, which allows creators to instantly materialize their mental models.
More and more industries are finding uses for 3D printing technology. It has been very useful in many fields, including medicine, automobile manufacturing, architecture, aviation, and farming. There is a wide range of potential applications for printing, and this is only the beginning.
9. Promote Your Company
Both the retail price of the product and the amount spent on marketing it are crucial to the company's success. You won't sell many units if the pricing is too high. The expansion of your company's customer base is impossible if you don't invest in marketing. That's why it's crucial to strike a good price-to-promotion ratio in the 3D printing industry.
10. Sell Personalised Products
The era of mass consumption of customized goods is rapidly approaching. Customers have had it with generic, mass-produced goods that don't give them a sense of personalization. Therefore, you may make such consumers feel like they are the only ones by designing and 3D printing unique things just for them. When designing such a one-of-a-kind item, it's easy to incorporate suggestions from customers on its form, size, texture, color, and geometry, among other things.
One way to make money with the most reputable 3d pen manufacturers in India is to sell customized things like these; this doesn't even have to be your full-time occupation. This might be a very profitable part-time job.
Conclusion
Due to the country's thriving startup scene, the 3D printing pen manufacturing sector in India is increasingly in demand. The size of the 3D printing pen manufacturing industry is expected to increase in the next few years, according to analysts. Creating a 3D printing pen manufacturing company in India might lead to the creation of numerous new businesses. It will help your company succeed if you decide to sell 3D printers or collaborate with other companies in the 3D printing industry.
By the end of this article, you should have a firm grasp on the fundamentals of launching a 3D pen printing company in India.
FAQs: 3D Printing Pen
Q. Are 3D pens safe to use?
Ans: Yes, inhaling the exhaust from a 3D printing pen might be harmful. While 3D printing pen, hazardous particles are released into the air due to the melting of plastic.
Q. How long will a 3D pen last?
Ans: A 3D printing pen can be last up to 20 years and more.
Q. Is it possible to use 3D printer filament in a 3D pen?
Ans: No, the 3Dandprint 3D pen only accepts 1.75 mm filament.
Q. Can I use a 3D pen on wood?
Ans: Yes, use 3D print pen on natural wood and white birch to get more clear work. With this pen, make your own wooden sculptures, phone case; fix broken floorboard and photo frames.
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