What is the price of raincoat?

The raincoat price can vary from INR 200 to INR 2000 for a reasonably good quality material.

By TradeIndia Team in Business Tips — 13 Nov 2022

How To Start a Raincoat Manufacturing Business in India? [cost & profit]

Q: Which brand is best for raincoat?

Duckback and Wildcraft are among the best brands in raincoat.

How To Start a Raincoat Manufacturing Business in India?

Jackets constructed specifically to repel water are known as raincoats. The first conventional raincoats were made using a rubber and fabric mending technique created by Charles Macintosh in 1836. Because of his innovations, Brits refer to all raincoats as Mackintoshes or Macs. Most modern raincoats are in some manner influenced by Macintosh's invention.

A raincoat, as everyone knows, offers protection from the rain by preventing either the wearer's clothing or their body from becoming wet from the downpour. Polyester, Cotton, polyester, and nylon are the three primary basic materials used in the production of raincoats. Since raincoats are designed to repel water, the materials used in their construction are typically a blend of two or more of these constituents. It is also possible to make it out of wool, rayon fabric, vinyl, and other materials.

The ordering of the raw material or even the fabric, the designing of the raincoat, the cutting of the fabric, and the stitching together of the raincoat are the typical steps involved in establishing a manufacturing facility for raincoats. This process is rather straightforward. This kind of production plant can also be started from the comfort of one's own home but on a much lesser scale. The raincoat price can vary and cater to a multitude of the population.

Industry Outlook

The GVA statistics for the textiles, apparel and leather goods in India in 2013-14 stayed at INR 205,338 crores at the predetermined rates during the financial year. Despite the fact that few details are accessible on the results of the raincoat manufacturing industry, gross value-added numbers are significant.

The material and the design are the primary considerations in the process of establishing the manufacturing unit for raincoats. The style of the raincoat, including both its cut and its appearance, is also quite significant. The market can further be further segmented into raincoats of men, raincoats for women, and raincoats for children. There are more categories of rain gear that can be classified according to the style quotient, including the shorter raincoat, commuter raincoats, carcoats, sports raincoats, utility raincoats, extended raincoats, and Macintosh raincoats.

These days, the designing processes that are included in the initial step of manufacturing raincoats are carried out with the assistance of computers, which provides the designer with a great deal of leeway to come up with novel concepts, patterns, and hues.

Let’s look into how one can set up a Raincoat manufacturing business in India

Manage Raw Materials and Procure Lands

Managing land and buildings is a very critical thing for any manufacturing business. This is because, in order to manage land and buildings, an entrepreneur is required to deal with a variety of issues, including the employees and workers at the location in question, as well as the easy availability of utilities such as electricity, water, and roads. It is also supposed to imply that if the individual who will be launching the Raincoat Manufacturers business owns any property that cannot be used for agricultural purposes, then he may want to think about establishing such a unit on the same site.

In the event that this is not the case, the entrepreneur would be wise to launch this type of business by leasing a structure that has already been constructed. Because the entrepreneur requires a place to establish a small office in addition to the production plant, space for a storage room, space for electricity utilities, and so on, in order to launch this firm, space is required. When seen in this light, the space requirements of the entrepreneur might be somewhere between 800 and 1000 square feet.

Also Read: 10 Tips to Start an Umbrella Business in India

Manage your Business

Make sure to produce an efficient business plan or progress report before you start managing the money. This is a vital document of the company because it comprises the full plan from the beginning of the company to its eventual success. The entrepreneur who is beginning the Raincoat Manufacturers Firm will be able to determine, with the help of the project report, how much it will cost him to get his business off the ground.

All these numbers, including his expected revenues after a set period of time, are already presented in the report that was done on the project. Because of this, the entrepreneur won't be able to effectively manage the finances of his company until he has a complete understanding of the costs associated with launching his business, including both fixed costs and operating costs. An entrepreneur may try to acquire funding through any of the available government programs, such as a subsidy loan, a bank loan, or from his own personal funds. The financing cost for a raincoat manufacturer business can lie between 5 Lakh INR to 15 lakh INR and the profit margin on it after sustaining the business for 2 to 3 years can be around 15% after accounting for all costs.

Get your Registrations in Place

When it comes to starting this form of business, the entrepreneur does not need to obtain any kind of license or registration in order to begin the ball rolling. The entrepreneur, on the other hand, has the option of having the following licenses and registrations carried out for their Raincoat Manufacturing Unit.

Registration of the Ownership of a Proprietorship.
GST Registration.
Both a factory license and a trade license are required.
NOC from the Pollution Department Aadhaar Registration for Businesses.
Registration of a trademark to build and safeguard one's own brand.

The owner of the plant is required to acquire a certificate of environmental clearance from the state's pollution control board; the specific requirements of this certificate are determined by the geographic location of the factory. Even though some businesses are exempt from having to obtain this certificate, in order for them to begin operations, they will need to receive approval from either the District Industrial Powerhouse or the State Pollution Board. Before beginning operations in some sectors of the economy, obtaining the NOC is required by law.

Know the Construction Process

Before beginning the process of making raincoats, the raw materials are purchased from a locally approved supplier or vendor and then placed in the storeroom for storage until the manufacturing process begins.

The raincoat then is built with the requirements of the customer, as well as the trends in the industry and any requirements, taken into consideration. After the design has been reviewed and approved by the department of design, it is passed on to a trained machine operator who is responsible for the fabrication of the design.

In the next phase, the fabric is cut into the desired width and length according to the design with the assistance of a cutting machine. However, the process of cutting the fabric through the machine usually requires an experienced operator. To weld, the PVC or any other fabric to the desired dimensions, a person who monitors the functioning of the machine is subsequently inserted through into PVC welding machine. The operator will then weld together the 2 open ends in order to complete the necessary design. Techniques of high-frequency soldering or radio frequency soldering are utilised by the PVC welding machines that are utilised in the process of manufacturing raincoats. In this method, both parts of the material are positioned on a table, and then tension is applied to the tabletop while a die acts as a guide for the operation. A robust, reliable, and leak-proof seal is required in many different sectors, hence high-frequency welding is applied in those fields.

Marketing and Reaching to the End Consumer

Having an effective marketing strategy in place is an essential component of beginning a business that will sell things made of copper. Your price plan and the distribution networks via which you will provide your items should be outlined in your marketing strategy. It is essential to conduct market research in order to determine the kind of online marketplaces from which customers are purchasing these goods. While working with distributors, brokers, or sellers, they may manage delivery, so all you must worry of is warehousing.

Conclusion

Raincoats offer us protection against a wide range of adverse weather conditions in addition to rain. In order to cater to a wide range of climatic circumstances, a wide variety of raincoats are produced utilising the appropriate chemicals and textiles. Using such raw materials, raincoats can be made to provide protection from things like severe rainfall, hard winds, snowfall, and other similar occurrences. The manufacturing of raincoats as a business has been increasingly popular in the Indian market because of the numerous advantages that raincoats offer. Therefore the market provides more ripe opportunities for entering into this field and have a profitable stance in this field.