§1What this business is

A current transformer steps a large AC current down to a small, standard current so meters and protection relays can read it safely. You make cores from cold-rolled grain-oriented (CRGO) steel, wind the secondary coils, fit them in flame-retardant polycarbonate or ABS cases (wound, ring/toroidal or bar type), and test accuracy in a laboratory. Buyers are panel builders, electricity boards, meter makers, substations and industries. The profile covers low-tension CTs for bus bars up to 40 × 12 mm and round conductors up to 35 mm.

Capacity: Not printed in pieces; sales of ₹100.00 L a year at full capacity, starting at 60% (₹60.00 L).

§2Is it right for you?

Who it is for

An electrical engineer with transformer design knowledge — the profile says this knowledge is necessary.

Who it is not for

Someone without electrical training or the patience for long vendor-approval cycles.

Advantages

  • Every three-phase meter and control panel needs CTs
  • Steady demand from power distribution and industry
  • Moulded low-tension CTs are a standard, repeat-order product
  • Indian makers already export instrument transformers

Drawbacks

  • The profile shows losses for the first three years
  • CRGO steel is mostly imported and costly
  • Electricity boards buy only from approved, type-tested vendors
  • Accuracy class must be proven by testing every batch

Skills you need

  • Transformer and core design
  • Coil winding and insulation
  • Accuracy and ratio testing
  • Tendering with electricity boards and panel builders

Why difficulty 4/5: Technical product, long buyer approvals and three loss-making years in the profile.

§3Market

Who buys

  • Control panel builders
  • Electricity boards and distribution companies
  • Energy meter makers
  • Industries and commercial buildings

How it sells

  • Tenders and approved-vendor supply
  • Electrical distributors
  • Direct supply to panel builders

Good to know

  • The profile states Indian makers produce instrument transformers from 0.66 kV to 765 kV and export some ranges.
  • Revenue meters on three-phase services need CTs.

§4Raw material & machinery

ItemQtyCost
Winding department (coil winding machines)1₹12.00 lakh
Machining division (lathe, shaping, brazing machines)1₹6.00 lakh
Milling and other division (shearing, press brake, notching, power press, CO2 welding)1₹4.50 lakh
Finishing division (polishing)lump sum₹1.50 lakh
Testing laboratory1₹1.00 lakh
Installation, electrification, taxes and transportlump sum₹2.00 lakh

From: SIDBI Stand-Up Mitra project profile — Current Transformer (2018) — private guide — confirm locally

  • Cold-rolled grain-oriented (CRGO) steel, grades M-3 to M-6 and HI-Bimported from Japan, Korea, Russia, Germany, France, the UK, Brazil and the USA, as the profile states
  • Copper winding wire and insulationfor primary and secondary windings
  • Polycarbonate or ABS cases (flame retardant, UL 94 V-0)for moulded low-tension CTs

From: SIDBI Stand-Up Mitra project profile — Current Transformer (2018) — private guide — confirm locally

§5Licences & registration

  1. Udyam registration
  2. GST registration
  3. BIS certification if a Quality Control Order covers your CT type — check with BIS
  4. Type tests at an accredited laboratory (such as CPRI) for utility orders
  5. Vendor registration with electricity boards
  6. State Pollution Control Board consent where required

We can do this registration for you

§6Schemes & subsidies

CGTMSE for a loan without collateral; Stand-Up India (₹10 L–₹1 crore) for SC/ST and women founders. The ₹77.37 L cost is above PMEGP's ₹50 L ceiling.

§7Money

How the investment is worked out: Land ₹10.00 L + building ₹18.00 L + plant and machinery ₹27.00 L + furniture and electrical installations ₹3.00 L + preliminary and pre-operative ₹2.70 L + working capital ₹16.67 L = ₹77.37 L.

Working capital: Working capital ₹16.67 L (stocks ₹8.33 L, receivables ₹4.17 L, overheads ₹4.17 L); margin ₹7.29 L, bank ₹9.38 L. Finance: owner ₹19.34 L, bank ₹58.03 L.

SIDBI Stand-Up Mitra profile, uploaded in 2018 (no year printed on it) — prices will be higher now; check current costs.

How to prepare a loan file

§8Export potential

Confirm the HS code in the DGFT ITC(HS) lookup before you export

8504.31Other transformers having a power handling capacity not exceeding 1 kVA

Export council / board: EEPC India

  • Confirm the 8-digit ITC(HS) line with DGFT or your customs broker before shipping.
  • You need an Import Export Code (IEC) from DGFT before the first shipment.

§9Risks — where people fail

  • CRGO steel and copper price swings
  • Slow approval and payment by electricity boards
  • Batch failures in accuracy tests
  • Competition from large instrument-transformer makers

§1030 / 60 / 90-day plan

A general plan that applies to any business. A plan for this business will be added after research.

  1. Days 1–30: Visit a working current transformer (ct) manufacturing unit, ask 10 buyers about price and quantity, and get quotations from 3 suppliers.
  2. Days 31–60: Udyam and the licences you need (Udyam registration, GST registration), a project report (DPR), and the scheme or loan file.
  3. Days 61–90: Space and machines, trial production, and first deliveries to 10 customers.

§11Who to connect with

Not verified yet

Associations, clusters and training institutes — the directory is being built. Connect

§12Watch

There is no episode on this business yet. Shows are coming soon on the Podcast page.

Want to start Current Transformer (CT) Manufacturing?

DPR, loan file or registration — ask us on WhatsApp.

Get a DPR / loan file made

Sources

  1. SIDBI Stand-Up Mitra project profile — Current Transformer (2018)

Data review: 6 October 2026. Spotted a mistake? Report it. For information only — not legal or financial advice.