Tyre Retreading Project Report

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We keep in mind the Prime Minister’s Employment Generation Programme (PMEGP) and Pradhan Mantri MUDRA Yojana (PMMY) and all Government Schemes have prepared Tyre Retreading Project Report and CMA Data for Bank Loan.

In addition, inform us if any modification is required in the report. Thereafter, we will amend the report and make it available to you immediately.

Tyre Retreading may be a new technology. This method is to make old tyres usable and serviceable. The part of the tyre that comes in touch with the surface of the road is understood because of the tread. The tread is an integral part of the tyre and is liable for providing traction. New treads are available within the market. In brief and it is often placed on an old tyre and cured with the assistance of steam. Almost like the new tyres, the treated tyres are often all right used on all vehicles, regardless of light or heavy vehicles. With a secure and new technology, which is being adopted nowadays, it’ll be less difficult and economical to supply tyres. Recently a replacement technology has been developed called “Procured Tread Rubber Retreading Process” which is usually referred to as “Cold Process Retreading”.

The Procured Tread Rubber in this method already features a treading pattern eliminating the necessity for a tread matrix at the vulcanizing stage. The raw material is procured and patterns made on rubber ensure the perfectly finished product within the factory under controlled conditions. Retreading Tyre after the pre-cured method gives 1.5 times more mileage than the tyre retreaded by the traditional process. During this article, we’ll explore the way to start a little scale tyre retreading business.

Tyre Retreading Project Report Format.

Tyre Retreading Project Report Business Plan for Bank Loan related to business and services in India. The report provides a Business plan in India for bank loan in excel, word and pdf format and also available in the Hindi language.

However, the format for the project report includes financial information. Therefore, it includes Projected Balance Sheet and Profit and Loss Statements for the next 8 years. It also includes Ratio Analysis, Market Potential, Business Plan, Industry Trends, and Process.

Also present strengths and weaknesses. Hence, understand in below mention two parts.

Firstly, Tyre Retreading Detailed Project Report Contains: –

  • Details of Business
  • Introduction to Business Idea
  • Brief about the effect of COVID- 19 on Business
  • Benefits Available under Government Sponsored scheme
  • Computation of Subsidies available under the scheme
  • Manufacturing or Operating Process,
  • Process Flow Chart
  • Supplies of Raw material
  • Supplies of Plant and machinery
  • Export-import Data
  • Credit Policies
  • Marketing Strategy
  • Future Plans
  • SWOT Analysis

Secondly, below mentioned financial statements will be for the next 8 Years

  • Projected Balance Sheet
  • Projected Income Statement
  • Cost Of Finance
  • Means Of Finance
  • Assessment Of Working Capital Requirement
  • Cash flow Statement
  • Term Loan Repayment Chart
  • Depreciation Chart
  • Debt Service Coverage Ratio
  • Ratio Analysis
  • IRR
  • Sensitivity Analysis
  • Break-Even Analysis

Procedure to get Project Report

Gone are the days waiting at the door of expert, as a result, get your project report in hand, now you can get your business plan in just 24 hours.

First Step         –    Add to Cart

Second Step    –    Check out

Third Step        –    Make Payment

Fourth Step      –    Provide Required Information

Fifth Step         –    Get your report within a 24 hours.Equipment Finance Scheme For Existing Clients TIIC

Consequently, we can modify the Cost of the project, capacity, and loan amount as per your need.

CA Certified Tyre Shop Project Report

Some banks and Government Departments asking for CA certified report; therefore we can provide the same, on additional payment of Rs.1000/- (One thousand only).

In Conclusion, we have prepared the business profile in contrast to that you can access it immediately. Our team is also ready for any kind of changes in the project report.

Business Plan project report

A clear project report of Tyre Retreading is crucial for your success as an entrepreneur. You wish to contemplate some important, like your initial costs, your target market, and how long it’ll see you interrupt even. Draft a proper Tyre Retreading project report that describes your expected income, product and repair lines, expansion plans, and other details of your business. A well-drafted project report will facilitate you in applying for any bank loan.

Tyre Retreading Market Potential

Tyre retreading in India is completed extensively for commercial vehicles like trucks and busses. Retreading tyres saves a lots of operational costs and helps in growth of the economy. Hence, there’s a really wide scope for retread tyres as an ingenious replacement. Retreading tires is that the process of restoring old tires in order that they will be utilized in automobiles. In this method worn-out treads replaced by the new treads. Tyre retreading has only two processes – cold and hot process.

What are the required Licenses and Registrations that need to be procured by the TYRE Retreading Business before Starting Operations?
  1. The Trade license permits the operation of the business unit during a particular area. The municipal cooperation of every area issues this license.
  2. Registration under Factories Act 1987. This registration is especially meant for ensuring the security and health, and welfare of workers during a factory.
  3. Udyam registration certification is especially for Micro, Small and Medium-scale industries. Supported by the Ministry of MSME it facilitates and encourages the expansion and proper functioning of small-scale
  4. GST Registration for selling of products in several states in India.
  5. No objection certificate from the world Pollution control panel
  6. Professional Tax registration is a necessity for employers.
  7. Register with Employee’s Provident Fund that was created to guard employees’ interest after their retirement.
  8. ESI (Employees’ State Insurance Corporation) registration that gives monetary and medical benefits to employees.
  9. Quality and standard approval from the Bureau of Indian Standards, which is also might guarantee the retreaded tires’ security. Rubber and rubber-related manufacturing units got to take the BIS certification to start the operation. The Bureau is especially liable for safeguarding public health, protect consumers from hazardous and risky products, and supply quality assurance to the overall public of a product.

As a mark that the retreaded products follow international standards and therefore the manufacturing follows audited processes, it’s an honest idea to urge the ISO certification. ISO is related to quality, and placing this mark on the merchandise will only help gain the arrogance of consumers and make good brand value for the corporate.

Tyre Retreading Machinery & staple

Buffing machine with dust collector builder tyre truck bonder/three tyres LCV/Passenger bonder with curing rims and Electric hoist.

  1. Workbench Envelope/Tyre stand Gantry
  2. Boiler
  3. Compressor fitted with 5 HP Motor
  4. Air conditioner
  5. Tread bonder

You will get to procure the raw materials for tyre retreading. You’ll purchase those materials either from the local wholesale market or directly from the manufacturers. Required raw materials are Procured Tread Rubber, Cushion Compound, Vulcanising Solution, and envelope.

Tyre Retreading Manufacturing Process

Step 1

First of all, properly clean the tyres that come from the purchasers. Additionally, remove the dust and dirt.

Step 2

And then, supported the condition of the casing, select or reject the tyre after inspection of the casing for cuts, ply section, the condition of beads, etc. Under-inflated conditions, you want to buff the chosen tyre’s crown area to the specified texture and contour. This is often for better bonding of procured rubber to the casing.

Step 3

And apply cushion compound on the buffed tread area over which the procured tread rubber is applied and stickled using rollers after mounting the buffed casing on the tread building machine.

Step 4

During the cure of the tyre joint portion of the procured tread rubber is stepped to avoid possible openings.

Step 5

The tyre’s build-up is roofed by a rubber envelope and placed within the “bonder,” and therefore the bonder steam is passed at the precise temperature. It cures the cushion compound to finish the bonding of the step on the casing. The ultimate step of tyre retreading process is storage and transport.

Advantages of using Retreaded Tires:-

 

  1. They cost almost 30 – 50 kind of than the worth of a replacement tire.
  2. It is a low-cost production process – for creating the new tires, 80% natural rubber is employed, whereas only 25% of natural rubber is consumed for retreading.
  3. Properly retreaded tires have almost an equivalent life because of the new tires.
  4. The investment is relatively less. Therefore,  the main part of the investment is involved in buying expensive machinery and molds
  5. Preparing retreaded tires to travel through similar performance-related checks as used for brand spanking new tires.
  6. Retreading extends the lifetime of used tires, thus making the whole process of tire making recyclable.
  7. The retreading process is more environmentally friendly as retreading takes about 7 gallons of oil whereas 22 gallons of oil are required to manufacture the new tire.
What are the Industry Dynamics of the Tyre Retreading Industry?

Earlier majority of retreading wont to happen within the unorganized sector. However, after the introduction of GST by the Indian government, the industry has seen a rising number of players entering the organized sector. Since retreaded types are cheaper compared to new radial tires, there’s typically an honest demand that exists within the marketplace for this sort of tires. With more brands entering the industry, levels of quality standardization are going to be ensured hence there are good chances of the tyre retreading industry catching up soon.

The retreading industry features a bright future. Reasons:-
  • Sales of economic vehicles have witnessed an incredible the very fact is protected figures – there has been a growth of 4.5% in sales of economic vehicles within the fiscal year 2017 over FY 2016. It’s expected to grow at a rate of 5-6 you bored with the present fiscal year.
  • Better roads and increasing infrastructure network
  • Increased use of radial tires by commercial vehicles
  • GST has reduced the costs being charged by the organized sector for retreaded tires.

 FAQs – Frequently Asked Questions

Question 1: how much mileage will increase after the pre-cured method?

Answer: Retreading tyre after the pre-cured method gives 1.5 times more mileage than the tyre retreaded by the traditional process. It improves the life of retreading tyres.

Question 2: What is the tyre retreading market potential?

Answer:

Step 1

First of all, properly clean the tyres that come from the purchasers. Additionally, remove the dust and dirt.

Step 2

And then, supported the condition of the casing, select or reject the tyre after inspection of the casing for cuts, ply section, the condition of beads etc. Under-inflated conditions, you want to buff the chosen tyre’s crown area to the specified texture and contour. This is often for better bonding of procured rubber to the casing.

Step 3

And also apply cushion compound on the buffed tread area over which the procured tread rubber is applied and stickled using rollers after mounting the buffed casing on the tread building machine.

Step 4

During the cure of the tyre joint portion of the procured tread rubber is stepped to avoid possible openings.

Step 5

The build-up of the tyre is roofed by a rubber envelope and placed within the “bonder” and therefore the bonder steam is passed at the precise temperature. Therefore, it cures the cushion compound to finish the bonding of the step on the casing. The ultimate step of tyre retreading process is storage and transport.

Question 3: What are the advantages of tyre retreading?

Answer:

  1. Costing becomes 30-50% less than the worth of a replacement.
  2. It is a low-cost production process – for creating the new tires 80% natural rubber is employed whereas for retreading only 25% of natural rubber is consumed.
  3. Properly retreaded tires have almost an equivalent life of new tires.
  4. The investment is relatively less.
  5. Preparing retreaded tires to travel through similar performance-related checks as used for brand spanking new tires.
  6. Retreading extends the lifetime of used tires, thus making the whole process of tire making recyclable.
  7. The retreading process is more environmental friendly as retreading takes about 7 gallons of oil whereas 22 gallons of oil required for manufacturing the new tire.

 

Sample Project Report Click here. 

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