§1What this business is
Aluminium billets are melted in an induction furnace and poured into moulds to make sole plates. The plates are pickled in acid, pre-heated to 350–400 °C and sprayed with PTFE (non-stick) powder in an electrostatic coating booth. Plastic covers and handles are injection-moulded. The heating element and thermostat are wired over the base plate, the cord is fitted, covers are assembled, and each iron is tested and packed.
Capacity: 100 irons a day, 30,000 a year; 50% use in year 1.
§2Is it right for you?
Who it is for
Someone with appliance or foundry experience and a dealer network.
Who it is not for
Someone without capital to survive a thin first year.
Advantages
- Every household and student hostel needs an iron
- Replacement demand is steady
- Report cites growing global demand
- Same moulding and coating line can make other small appliances
Drawbacks
- Year-1 profit is very thin (₹0.68 L)
- BIS certification is compulsory
- Strong national brands and imports
- PTFE powder is the biggest raw-material cost
Skills you need
- Aluminium casting
- Powder coating
- Injection moulding
- Electrical safety testing and BIS compliance
Why difficulty 4/5: Casting, coating, moulding and BIS testing in one plant, with a thin first year.
§3Market
Who buys
- Households
- Students and hostels (school uniforms must be ironed, per the report)
- Office-goers
How it sells
- Electrical-appliance dealers and shops
- Online marketplaces
Good to know
- The report cites a global electric iron market of USD 1.0 billion in 2018, growing at 8.3% a year.
- It notes ironing extends fabric life and is an alternative to chemical dry cleaning.
§4Raw material & machinery
| Item | Qty | Cost |
|---|---|---|
| Induction furnace for melting aluminium | 1 | — |
| PTFE coating plant — coating booth with cyclone, spray guns, heating oven | 1 set | — |
| Plastic injection moulding machine | 1 | — |
| Profile dies, roller conveyors, studs and fasteners | 1 lot | — |
| All plant and machinery (report total) | 1 set | ₹22.00 lakh |
From: PMEGP sample project report — Electric Iron (prepared by Udyami/Samadhan)
- Aluminium billets12,000 kg a year at ₹185 a kg at full capacity
- PTFE powder4,500 kg at ₹750 a kg
- Heating elements and thermostats30,000 each at ₹20 and ₹25
- Plastic resin (Bakelite)6,000 kg at ₹30 a kg
- Electric cords and packing material30,000 cords at ₹25; packing ₹1.20 L
From: PMEGP sample project report — Electric Iron (prepared by Udyami/Samadhan)
§5Licences & registration
- BIS certification mark (IS 366) — electric irons are under a compulsory Quality Control Order
- Udyam
- GST
- State Pollution Control Board consent (furnace, acid pickling, coating)
- Legal Metrology packaged commodity registration
§6Schemes & subsidies
- PMEGPCentralActive15–35% subsidy
- MudraCentralActiveLoan up to ₹20 lakh, no collateral
- CGTMSECentralActiveNo collateral, up to ₹10 crore
- Stand-Up IndiaCentralClosed₹10 lakh – ₹1 crore loan
PMEGP and CGTMSE fit the ₹29.44 L project; MUDRA covers up to ₹20 L; Stand-Up India for SC/ST/women founders.
§7Money
How the investment is worked out: Samadhan report: plant & machinery ₹22.00 L + furniture ₹1.33 L + working capital ₹6.11 L = ₹29.44 L; building 2,000 sq ft own/rented, not costed.
Working capital: Working capital ₹6.11 L (bank ₹5.50 L) — 20 days of raw material and 10 days of finished goods.
Year not printed on the sample report — check current machinery prices.
§8Export potential
Confirm the HS code in the DGFT ITC(HS) lookup before you export
Export council / board: EEPC India
- HS codes are from the WCO HS 2022 list; confirm the 8-digit ITC(HS) line with DGFT or your customs broker.
- You need an Import Export Code (IEC) from DGFT before the first shipment.
§9Risks — where people fail
- BIS licence and testing failures
- Electric-shock safety claims
- Aluminium and PTFE price rises
- Brand competition
§1030 / 60 / 90-day plan
A general plan that applies to any business. A plan for this business will be added after research.
- Days 1–30: Visit a working electric iron making unit, ask 10 buyers about price and quantity, and get quotations from 3 suppliers.
- Days 31–60: Udyam and the licences you need (BIS certification mark (IS 366) — electric irons are under a compulsory Quality Control Order, Udyam), a project report (DPR), and the scheme or loan file.
- Days 61–90: Space and machines, trial production, and first deliveries to 10 customers.
§11Who to connect with
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 Electric Iron Making?
DPR, loan file or registration — ask us on WhatsApp.
¶Sources
Data review: 6 October 2026. Spotted a mistake? Report it. For information only — not legal or financial advice.
