§1What this business is

The shop stocks lighting (LED bulbs and fixtures, tube lights, ceiling fans with lights, chandeliers, outdoor and smart lighting), wiring and components (cables, sockets and switches, circuit breakers and fuses, extension boards, boxes) and accessories (connectors, cable ties, clips). A technician on staff can also handle repairs and small installation jobs. Buyers are households, builders, shops and electricians.

Capacity: Sales of ₹50.22 L a year: lighting 65%, wiring and components 20%, accessories 15%.

§2Is it right for you?

Who it is for

Someone with an electrician or trade background who knows brands and local contractors.

Who it is not for

Someone who cannot judge product quality — cheap uncertified goods bring complaints and danger.

Advantages

  • Every new house, shop and repair job needs electrical goods
  • Electricians bring repeat bulk buying
  • A technician adds repair and fitting income
  • Break-even is well below planned sales

Drawbacks

  • Low margins on branded items
  • Fast-changing LED and smart products can leave old stock
  • Electricians expect credit
  • Fire risk in a shop full of cables and plastics

Skills you need

  • Product and brand knowledge
  • Dealing with electricians and contractors
  • Stock control across many small items
  • Basic electrical repair

Why difficulty 2/5: Straightforward retail if you know the products and control credit.

§3Market

Who buys

  • Households
  • Builders and contractors
  • Electricians
  • Shops and offices

How it sells

  • Walk-in sales
  • Bulk supply to electricians and contractors
  • Repair and installation jobs by the shop technician

Good to know

  • Lighting is 65% of the planned ₹50.22 L sales.
  • The furniture table in the profile adds to ₹4.59 L while the project cost uses ₹5.19 L; one line seems missing from the table.

§4Raw material & machinery

ItemQtyCost
Display shelves and racks5₹1,25,000
Lighting fixtures10₹50,000
Storage cabinets10₹1,50,000
Mirrors3₹45,000
Electrical outlets and plug points10₹50,000
Air conditioning1₹35,000
Fire safety equipment2₹4,000

From: Uttarakhand DUY project profile — Electrical Goods Shop

  • LED bulbs and fixtures, fans, chandeliers and outdoor lightsbought from brand distributors
  • Cables, switches, sockets, circuit breakers and fusesthe wiring line
  • Connectors, cable ties, clips and wire nutssmall accessories

From: Uttarakhand DUY project profile — Electrical Goods Shop

§5Licences & registration

  1. Shop and establishment licence
  2. Trade licence from the municipal corporation
  3. GST registration
  4. Fire NOC from the local fire department, as the profile notes
  5. Stock only BIS-marked items where a BIS Quality Control Order or compulsory registration applies (for example LED lamps and cables) — check the BIS list

We can do this registration for you

§6Schemes & subsidies

MUDRA (Tarun) fits the ₹9.42 L bank loan; CGTMSE backs collateral-free credit; Stand-Up India serves SC/ST and women founders.

§7Money

How the investment is worked out: Preliminary ₹0.25 L + furniture and fixtures ₹5.19 L + working capital ₹10.25 L = ₹15.69 L. Promoter ₹6.28 L, bank ₹9.42 L (60%).

Working capital: ₹10.25 L of the ₹15.69 L project is working capital for stock.

Year not printed on the DUY profile — check current prices.

How to prepare a loan file

§8Export potential

A local shop; it does not export goods.

§9Risks — where people fail

  • Credit to electricians and builders
  • Obsolete stock as LED products change
  • Fake or uncertified goods from suppliers
  • Fire

§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 electrical goods shop unit, ask 10 buyers about price and quantity, and get quotations from 3 suppliers.
  2. Days 31–60: Udyam and the licences you need (Shop and establishment licence, Trade licence from the municipal corporation), 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 Electrical Goods Shop?

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

Get a DPR / loan file made

Sources

  1. Uttarakhand DUY project profile — Electrical Goods Shop

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