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LED Light Making Business Plan in 2023

 How to start LED lights making business plan -


The full name of LED is Light Emitting Diode. Electronic equipment made from this saves a lot of electricity. For this reason, the Government of India is trying to promote LED in the country. Last year, the government had started the Domestic Efficient Lighting Program (DEPL) across the country. At present, the name of this scheme has been changed to Ujala by the Government of India. Till now this scheme was followed in many parts of the country and this scheme was very successful. With the success of Ujala, the LED business in the country.


LED light making business plan -

LED light business can be done in many ways. A good profit can also be earned from its trading. For this you will first have to rent a shop in any electronic or general market. If you have a place that can be used as a shop, then to save money on rent, shop at that place only. After the necessary furnishing of this place, you can start selling LEDs here. To sell LEDs here, you can get LEDs from any wholesaler or supplier.


LED Lights Making Business Cost -

At least 1.5 to 2 lakh rupees is required to start this type of business. However, if the shop runs well, it can earn a profit of 20,000 to 3,00,000 per month, so it is a good business to earn at least 20,000 per month with an investment of 2 lakhs.


Do business as an LED supplier (LED Light Business as a Supplier) -

If you do not want to shop for LEDs, then you also have the option of becoming an LED supplier. Even while working as a supplier for various shops, you can make good profits with the help of LEDs. However, to become a supplier, you will have to invest more money than retail. It costs at least 2 to 3 lakh rupees to become a supplier. However, for this also you will need to rent a place for Godown or any big store.

After arranging the place, you will have to contact light assembling traders and various manufacturing companies. Since the retailer will pick up the LEDs from here, as a supplier you will have to keep a variety of LED lights in your store so that you can supply the LEDs as per the retail demand. To operate as a supplier, you need a safe transportation system. For this, read here how to start movers and packers business.


LED light business by setting up an assembling unit -

You can also earn money from LED by setting up an assembling unit. The cost of setting up a small assembling unit is around Rs 5 to 7 lakhs. However, the government gives loan for this and this loan can be obtained under the Pradhanmantri Rozgar Yojana.


Here the machinery, raw material etc. are being described for setting up an assembling unit.


Machinery: -

The machinery required for the LED assembling unit, its price and how to buy it online is being shown below.

Component Forming: Price: Rs 85,000

Soldering Machine: Price: Rs.300

Digital Multimeter : Price : Rs.551

Tester: Price: Rs 565

Sealing Machine : Price : Rs.1350

LCR Meter : Price : Rs 2400

Small Drilling Machine : Price : Rs 1800

Lux Meter : Price : Rs.1200

Raw Material: -

Raw material required for this, its price and how to buy it online is being shown below.

Lead Chips : Price : Rs 1200

Rectifier Machine : Price : Rs.9/per unit

Heat sink device: Price: Rs 400

Metallic cap holder : Price : Rs 3 per unit

Plastic Body : Price : Rs 50 per unit

Connecting Wire: Price: Rs 480

Soldering Flux: Price: Rs.80

You can buy all these machines and materials through online medium from the following website:


https://dir.indiamart.com

http://www.amazon.in

https://www.snapdeal.com

Do LED Light Business by Making a Component -

Due to the increase in the demand of LEDs, many big companies have started making LEDs. Therefore, low cost traders can start the business of making lamp components. At least 5 lakhs to set up a small workshop. For this, first of all, the MSME has to register its workshop under the Government of India. Loan can also be obtained by the government after this registration. According to an estimate, one can earn Rs 50,000 to 70,000 per month under this.


Training by Government of India to start LED light business -

Government of India is also providing various types of LED related training to spread LED in the country. This training is being given by the Ministry of Skill Development and MSME. Under the skill development scheme, training programs are conducted from time to time in different places like Nisbad and Khadi Village Industries Commission. Under this training, all the information related to LED is given to the trainee. 

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