Wire nails are one of the most under-noticed but always rewarding business opportunities in the manufacturing sector in India. On the surface, they seem like a nothing product \u2014 just a commodity, sold by the pound, in hardware stores. But for a consultant with an industrial background, who’s walked the factory floors and pored over feasibility models, wire nails have a fascinating history of constant demand, low competition from organised players and a manufacturing model that suited first generation entrepreneurs.<\/p>\n\n\n\n
The product is indispensable. Wire nails are essential components in any project, whether it’s a rural carpenter building furniture or an urban contractor erecting formwork, or a packaging company nailing wooden crates together. Furthermore, low entry barriers, the well-developed government support system, and the market fragmentation allow a disciplined small manufacturer to establish a market position.<\/p>\n\n\n\n
The story of the construction and infrastructure development in India is directly related to the consumption of wire nails as a part of the various initiatives launched by the government of India such as PM Gati Shakti, AMRUT 2.0 and Pradhan Mantram Awas Yojana. Millions of nails are required for every square foot of new construction, each new housing unit in a tier-2 city and each new warehouse cluster on a national highway. This is not a hypothetical demand forecast for any serious consideration on business ideas for manufacturing. It is a reality in the market that is already coming true in all the districts of the Country.(Wire Nails Manufacturing Business)<\/p>\n\n\n\n