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Lock Manufacturing Project Report
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You can immediate download the Lock Manufacturing sample project report format template, in MS excel
or word / pdf format.
These reports will help you prepare a project report as per your objectives. This report will also be helpful
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in studying the project and gathering information about the project.
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Aligarh’s lock manufacturing history is fascinating. A gentleman from England founded Johnson and
Company almost 125 years ago, in 1870, to import locks from England for sale in Aligarh. Johnson and
Company began regular lock production on a small scale in 1890, cutting the sheets and shaping them.
Aside from England, sheet metal locks began to be imported from Germany for sale in Aligarh.
Johnson and Company and a few other companies began producing sheet metal locks in 1930, based on
German locks. These locks are known as Aligarh locks since they were made in Aligarh. However, due to a
family feud, this world-famous lock manufacturing company has closed its doors. When the company
went bankrupt in 1975, the engineer, contractors, mechanics, and labourers who worked for it started up
their small-scale lock units. Aligarh has recently become India’s largest lock manufacturing centre. The
origins of the lock business in Aligarh have been interpreted in several ways. Regarding its origin, Jain
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Aligarh’s lock business dates back over a century and is considered a traditional occupation of Aligarh
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residents. At least 5,000 lock manufacturing units’ employ about 2 lakh people, either directly or indirectly.
The majority of craftspeople in this industry are Muslims, but Hindus and Muslims jointly own large
industrial units and corporate companies. Muslim artists make approximately 80% of Aligarh’s locks. They
work as labourers and make things for major corporations.
How to Download Lock Project Report
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Lock Industry’s Categories
The lock industry’s entire structure can be classi ed into three categories:
Small Scale Factories. Units that produce forty to eighty percent of the components themselves are
registered with the District Industries Centre and hire outside labour.
Cottage or household units. Cottages or housing units serve as residences and workplaces for the
production and distribution of lock parts to small industries. Family labour and simple tools are used to
carry out the majority of their manufacturing operations.
The traders or commission Agents. The commission agents purchase all of the components of locks from
household units and assemble them before selling them under their brands.
Market Potential
Aligarh is the leading manufacturer of locks for the national market, accounting for 80% of the Indian lock
industry’s turnover. Because this industry falls under the small-scale sector, it bene ts from the
government’s facilities and discounts for small-scale businesses. Even then, the industry was beset by
issues relating to nance, raw materials, marketing, and so on. Because it is still not operated on modern
lines, it is unable to compete effectively in the international market. In this study, an attempt was made to
give a critical analysis of the industry, in which the industry’s structure and current situation were analysed.
The industry’s challenges have been explored, and appropriate treatments for bringing the industry out of
its current state of stagnation.
Locks are not only important for safety in Aligarh, Uttar Pradesh old city; they also open the entrance to a
craft history. Consider a sh-shaped lock suspended from a rod-shaped like a seated camel or an owl with
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large round eyes. These brass locks have a triple locking mechanism and are handcrafted. They were on
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display at a recent exhibition in Delhi. As indirect exports, some Aligarh-based lock makers sell their locks
to merchant exporters in Delhi, Mumbai, and Chennai. Some lock manufacturers sell their products to
hardware exporters who include them in larger shipments of hardware. Because of a developing market
where price realisation is faster, and the industry is more organised, the shift from handcrafted to machinemade locks is taking place.
RECENTLY VIEWED PRODUCTS
Handcrafted locks are costly, and the volume of manufacture cannot compete with that of machines.
“Handmade locks used to have a 50 to 60 percent market share, but now they barely have a 5% market
Lock Manufacturing
share.”
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The lock industry, which employs over 6,000 cottage and mid-scale lock units in Aligarh and generates over
Rs 210 crore in annual revenue from the export of locks and other brass hardware, is the city’s economic
backbone.
Usage of the product
A lock is a mechanical fastening device that restricts access to the space or property enclosed by a door,
vehicle, or container. It’s usually unlocked by a key or a combination of keys.
Compliances Required
This product comes under the ambit of small-scale industries, so the basic quality standard of
manufacturing should be maintained. Also, it is advisable to check your local laws as per your state or area
to complete all compliances. Still, some basic points are explained here while we go for compliances:
REGISTRATION OF BUSINESS
We can start with a proprietorship or partnership rm.
GST Registration
Udyam Registration
TRADEMARK Registration (Optional)
Investment & Pro t from Lock Business
When an entrepreneur starts a rm, they always have a business plan, also known as a project report, on
hand, and you can quickly compute nancial gures from this project report. If you need a location to work
but don’t have one, consider renting one, as we say during the early stages of your rm. Renting a space
allows you to avoid making large investments in land and buildings. You will, nevertheless, need to invest
xed cash in the acquisition of machines.
You can readily invest in raw materials, employing people, licencing and registration, administrative fees,
and transportation with working capital support. However, you’ll need to set aside money for advertising
and promotion. This business approximately needs;
Capital investment: 25 – 30 Lakhs…Depending upon the production and business model, pro t earned can
be 9 to 10 percent.
Land, Electricity, And Manpower Requirement
Land Required: 1500 – 1800 square feet area.
Electricity Load required: 15 – 18 kilowatt load.
Manpower required: We can start this manufacturing business with 12 to 15 artisans, including 2 – 3
machine operators, 3-4 skilled labour, 3 – 4 unskilled labour & o ce staff.
Raw Material
Brass is the base material for these handcrafted locks (60 percent copper and 40 percent zinc). The
moulds are made of brass. In the sand casting process, this is utilised for shaping. Standard ve-tumbler
key locks are constructed of a variety of durable metals. Locks’ interior mechanisms are usually composed
of brass or zinc die-cast. Steel or stainless steel is commonly used for the cam, the tongue protruding from
the lock to secure it. Brass, chrome, steel, nickel, or any other robust metal or alloy can be used for a lock’s
exterior casing. The average cost of raw materials for a set of Door Locks is Rs. 320-390 (Approx.). So
majorly following raw materials required:
Brass Blocks
Mild Steel Sheets
Case Hardened and stainless Steel Sheets
Bolt, Key Cylinder, spring, Lever, Washer & similar small appliances.
Machines and Equipment Required
Furnace
Power Press
Drilling Machine
Sheet Metal Bending Machine
Milling Machine
Grinding Machine
Pro le Moulds
Casting Patterns
Spray Painting Machine
Electroplating Plant
Foundry Equipment
Other Handling Equipment
Machinery Tools
Manufacturing Methodology
Lock makers manufacture locks using both ancient and modern processes. The conventional process
is mostly utilised to create heavy brass and iron locks. The lock maker creates a lock and collects an
order from the trader using this mechanism. While making an order, the trader also gives the lock
maker a cash advance or a loan to purchase necessary raw materials and components.
The lock maker then sends the raw material, together with a model, to the foundry. The foundry casts
all of the pieces according to the speci cations and then delivers them to the lock manufacturer, who
assembles them.
A die-casting machine is used to die-cast and cut the major mechanical components of the gate
entrance lock housing.
After the mechanical pieces of the entrance door lock have been die-cast, they must be polished. The
trim is the most important thing to polish. Surface cleaning, grinding, polishing, and anti-corrosion
treatment are crucial steps in the polishing process for the trim.
Then applying a quenching treatment to the lock core to increase its hardness and prevent it from
being damaged by tools like drills and prys, nally using a wire cutting method to machine a keyhole
with a thickness of 0.1-0.9mm.
The matched ultra-thin key has a reinforcing rib and is produced by punch forming stainless steel with
a certain strength and elasticity, grinding machining, or wire cutting, resulting in the thickness, width,
and curvature of the ultra-thin key being mutually t with the keyhole of the lock core.
Further Process
The gate entrance lock can be assembled after the trim, and mechanical parts are completed. The nal
assembly combines semi-automatic and manual auxiliary production while also combining scienti c
and reasonable assembly processes, dividing assembly positions into dozens of positions, making the
assembly more reasonable, strengthening the assembly process’ e ciency, and improving assembly
quality.
Before marketing the locks, the dealers have them polished and engraved with their brand name.
Smaller locks are created in factories using contemporary manufacturing techniques. Cutting, bending,
forming grooves, polishing, and piercing holes in locks and keys are all done with power presses.
Bu ng machines or dhol or drum polishing are used to polish the corroded components of locks.
If visible sections aren’t electroplated, they’re spray painted. Different units handle different aspects of
the lock-making process. The
nal phase in the appearance of a main entrance door lock is
electroplating. Multiple processes and components are involved in its impact. The results of different
electroplating rms, masters, electroplating bath compositions, and methods are all distinct.
Cutting, bending, and groove-making operations are typically performed in relatively large units using
power presses. In contrast, activities such as polishing, electroplating, spray painting, and assembly
are typically performed in small workshops and household units.
The key is made initially in a normal ve-tumbler key lock. The lock maker purchases the key blanks,
who then cuts the ridges, or combinations, in each key. Each key features ve bumps, each of which is
sliced to a different degree.
From the time the specs are supplied to the time the locks are packed and dispatched, a respectable
manufacturer of anything except low-security locks may take eight to twelve weeks to build locks for
an order.
Target Customers
Wholesalers
Distributors
Retailers
Online shopping websites
Hardware Shops
Furniture making small scale Industries
Local Shops.
Marketing Strategies
Personal selling
Advertising
Sales Promotion
Direct marketing
Publicity
Key Points Cover in Sample Project Report
Table of Contents
Sr. No.
Particulars
1
Purpose Of The Document
2
Introduction
3
Market Potential
4
Product Description
5
Product Uses
6
Raw Material
7
Manufacturing Process
8
Project Components
9
Land
10
Civil Work
11
Machinery & Equipments
12
Miscellaneous Asset
13
Power Requirement
14
Man Power Requirement
15
Financial Aspects
16
Balance Sheet
17
Pro tability Statement
18
Cash Flow Statement
19
Repayment Schedule
20
Depreciation Schedule
21
Computation Of Sale
22
Production And Raw Material Consumed
23
Closing Stock
24
Computation Of Working Capital
25
Computation Of Electricity
26
Salary & Wages
27
Financial Indicators
28
Break-Even Analysis
29
Dscr
30
License & Approvals
31
Swot Analysis
32
Assumptions
Apart from this, all the information is being provided. To help in preparing project reports.
FAQs
Q1. Which factors affect the pricing of the product?
Ans. Following factors affect:
New product- as it is a new product and in the market, its name is not established. Therefore the prices are
less.
Product cost- cost xed after considering all operating expenses and pro t margins.
Penetration Pricing- always tries to keep prices low to capture a large market.
The extent of competition in the market- seeing the intense competition with other competitors and keep
your prices low.
Q2. What types of channels are used for the distribution of locks manufactured?
.Ans. Sold through two-level channels, i.e. Manufacturer-Wholesaler-Retailer-Consumer. This is used to
cover some large market areas.
The physical movement of the product- means locks manufactured in one area and transported to the rest
of India.
Q3.How much pro t can a lock manufacturer make?
Ans. The lock manufacturing business is not so big that it can provide you with so huge amount of pro ts,
but it provides handsome income by giving some smart efforts like contacting small furniture traders or
manufacturers. Provide free samples at local retail or hardware shops to highlight your business. Pro t
earned can be 9 to 10 percent.
Sample Project Report Format
In our project report format, we cover technology details, its diagrams,
ow chart etc. as and when
required or deemed t to include. Also, prepare in-depth nancial calculations which is necessary for the
Investor/bank.
You will get the report data l Lock Manufacturing Business in PDF or MS word. Which you can use easily.
You can also modify the information according to your need. You will be able to access the data easily
according to the your requirement. Additionally you can easily convert the data to PDF format.
Also Buy :Wire Mesh Fencing Project Report
Plywood Manufacturing Project Report
Furniture Making Project Report Format
For whom are these formats useful?
1. CA Chartered Accountants
2. Tax Consultants
3. Small Business Owners
4. Students
5. Engineers
. Who want to self study
In addition to those who want to prepare project reports themselves.
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