§1What this business is

Polypropylene and other engineering plastics, with colour and additives, are fed through a hopper, melted by a screw and injected into a cooled mould, where the part sets and is ejected. Plastic parts are lighter, cheaper to make in complex shapes, quieter and resist wear, so equipment makers convert metal parts to plastic. Scrap is ground and reused.

Capacity: Not printed in pieces or tonnes; sales of ₹110.70 L in year 1 rising 10% a year to ₹184.50 L in year 5.

§2Is it right for you?

Who it is for

A graduate with contacts among pump, farm-machinery or auto-part makers.

Who it is not for

Someone without engineering buyers lined up — this is made-to-order work.

Advantages

  • Metal-to-plastic conversion is a growing trend
  • Material is about half of sales — good gross margin
  • Small team of 7–9 people
  • One machine can run many moulds

Drawbacks

  • Each new part needs a costly mould (₹45 L covers the machine and moulds)
  • Loss in year 1
  • Buyers need tested, consistent quality
  • Large working capital compared with sales

Skills you need

  • Injection-moulding process setting
  • Selecting engineering plastics
  • Mould management
  • Selling to equipment makers

Why difficulty 3/5: Standard moulding, but success depends on winning engineering buyers.

§3Market

Who buys

  • Pump and fluid-power equipment makers
  • Agricultural and construction equipment makers
  • Truck, power-sport and auto-part makers
  • Industrial machinery makers

How it sells

  • Direct supply against buyer drawings
  • Vendor registration with OEMs

Good to know

  • The report lists construction equipment, industrial pumps, fluid power, agricultural equipment and trucking as conversion markets.
  • Plastic parts can combine materials by over-moulding or insert moulding.

§4Raw material & machinery

ItemQtyCost
Injection-moulding machine with moulds1₹45 lakh
Dry colour mixer1₹2.50 lakh
Scrap grinding machine1₹5 lakh
Air compressor1₹7.50 lakh
Chilling plant / cooling1 lot₹5.35 lakh

From: SIDBI Stand-Up Mitra project profile — Plastic Parts for Engineering Equipments (2018) — private guide — confirm locally

  • Polypropylene (PP) and other engineering plasticsmain raw material, available locally
  • Plasticiser, colour additives, binding chemicalssmall quantities
  • Packing materialfor dispatch

From: SIDBI Stand-Up Mitra project profile — Plastic Parts for Engineering Equipments (2018) — private guide — confirm locally

In our raw material database

ABS resin →Nylon 6 / nylon 66 chips →

§5Licences & registration

  1. Udyam registration
  2. GST
  3. State Pollution Control Board consent where applicable
  4. Factory licence and fire NOC

We can do this registration for you

§6Schemes & subsidies

Too large for PMEGP; CGTMSE can guarantee the bank loan without collateral and Stand-Up India can fund SC/ST and women founders.

§7Money

How the investment is worked out: Land 2,000 sq m ₹20 L + building ₹12 L + plant & machinery ₹65.35 L + furniture and electrical ₹6.54 L + preliminary ₹7.84 L + working capital ₹46.13 L = ₹157.85 L. Finance: promoter ₹39.46 L, bank ₹118.39 L (85% of fixed assets).

Working capital: ₹46.13 L: inventories ₹15.38 L, receivables ₹15.38 L, overheads ₹15.38 L; bank ₹23.06 L, own margin ₹23.06 L.

Stand-Up Mitra profile uploaded in 2018; the year is not printed on the profile. Machinery and material prices will be higher now.

How to prepare a loan file

§8Export potential

Export council / board: Not verified yet

  • No HS code or export body has been checked against an official list yet.

§9Risks — where people fail

  • Polymer price swings
  • Depending on a few buyers
  • Mould damage stopping supply
  • Quality failures in service

§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 engineering plastic components (injection moulded) 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), 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 Engineering Plastic Components (Injection Moulded)?

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

Get a DPR / loan file made

Sources

  1. SIDBI Stand-Up Mitra project profile — Plastic Parts for Engineering Equipments (2018)

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