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M/S Krishna Traders, Karattukulambu, Pudunagaram (P.O)
GEM AND JEWELLERY WORK
01. INTRODUCTION
Business performance of Gem and Jewellery sector, according to the latest figures available in this industry in the last year has attained a record turnover, registering a growth of more than 30% over the previous financial year. Continuing this scintillating performance Gem and Jewellery have grown further and the industry has emerged yet again a front runner in this sector. New industrial policies of Central and state governments are expected to be a Mile stone for the growth of small scale industries in the country. India being a developing country our economic growth mainly depended on growth of industries especially small-scale industries.
Unemployed youth are coming forward to set up micro and small enterprise for seeking self employment with institutional finance.
This is a novel concept forming multi purpose job clubs for starting a micro enterprise for manufacture of jewellery to increase the income level of club members. All the members of the captioned clubs are enterprising and industries.
0.3. LOCATION OF THE UNIT
The unit is to be located at door. No. VIII/242 Pudunagram Grama panchayath, Chittur Taluk.
0.4. FINANCIAL CAPACITY/ASSISTANCE FROM EMPLOYMENT DEPARTMENT
Club member’s will contribute a minimum of 10% of project cost, Employment Department will assist the club by way of subsidy to the tune of 25% of the project cost of maximum Rs. 2 Lakhs which ever is less.
05. SCOPE OF THE ACTIVITY
India is the largest consumer of gold, processing quantity 800 tones annually. It has a strong domestic industry which has honed the skill of jewellery making over the ages. Today the jewellery industry incorporates the latest in machinery and design development and has a savvy marketing thrust. At present produces handmade and machine made plain and studded. Jewellery for the mass market; its quality designs and management are on a par with world market and standards. The government has also recently taken the steps to commence hall marking of gold. All these aspects of jewellery making are advancing towards growth and development this industry. The captioned club members are well experienced in this tune of activity.
06. INFRASTRUCTURE FACILITIES
All the infrastructure facilities are available to the unit.
07. AVAILABILITY OF RAW MATERIAL
Raw materials are available without any difficulty.
08. ANNUAL PRODUCTION CAPACITY
Expected annual production capacity is 16.800 Kg. Per year. However the Unit is expected to utilize 70% of its installed capacity during the first year of its operation