§1What this business is
Power cords are cut and stripped, plastic bodies are injection-moulded, circuit boards (for surge protection, USB or indicators) are made, then everything is assembled, laser-marked and tested. Homes and offices use them to run many devices from one wall socket.
Capacity: 600 boards a day in a 10-hour shift; first year at 60%, sales ₹102.60 lakh, rising to ₹160.78 lakh.
§2Is it right for you?
Who it is for
Someone from the electrical-goods trade with dealer contacts.
Who it is not for
Someone ready to cut corners on safety to win on price.
Advantages
- Every home and office needs them
- Moulding machine can make other electrical accessories
- Can add USB and surge-protector models for better prices
- Steady replacement demand
Drawbacks
- Many brands and cheap unbranded boards
- Copper, brass and plastic prices move
- Safety failures can cause fires
- Raw material is about 68% of sales
Skills you need
- Injection moulding
- Wiring and soldering
- Safety testing
- Dealer and online sales
Why difficulty 3/5: Standard machines; safety quality and a dealer network decide success.
§3Market
Who buys
- Households
- Offices and shops
How it sells
- Electrical shops and distributors
- Online marketplaces
Good to know
- The report links demand to population and power-distribution growth.
§4Raw material & machinery
| Item | Qty | Cost |
|---|---|---|
| Injection moulding machine | 1 | ₹11,00,000 |
| Wire cutting and stripping machine | 1 | ₹2,00,000 |
| Laser marking machine | 1 | ₹2,40,000 |
| Soldering machine | 1 | ₹8,000 |
| Testing equipment | 1 lot | ₹20,000 |
From: PMEGP sample project report — Extension Board (prepared by Udyami/Samadhan)
- Plastic granulesfor the body
- Cables and wires
- Electronic parts (circuit board, transformer, resistors, USB connectors)
- Brass contacts, terminals and busbars
From: PMEGP sample project report — Extension Board (prepared by Udyami/Samadhan)
§5Licences & registration
- Udyam registration
- GST registration
- BIS certification if a Quality Control Order covers the product (check the BIS list)
- Trademark for your brand name (optional)
§6Schemes & subsidies
- PMEGPCentralActive15–35% subsidy
- MudraCentralActiveLoan up to ₹20 lakh, no collateral
- CGTMSECentralActiveNo collateral, up to ₹10 crore
PMEGP fits (the report was made for it); MUDRA gives loans up to ₹20 lakh; CGTMSE lets the bank lend without collateral.
§7Money
How the investment is worked out: Plant & machinery ₹15.68 lakh, furniture ₹1.00 lakh, working capital ₹8.18 lakh = ₹24.86 lakh. Land own or rented.
Working capital: Working capital ₹8.18 lakh, of which the bank finances ₹7.36 lakh.
Year not printed on the report — check current machinery prices.
§8Export potential
The project report gives no HS code — find the right 8-digit ITC(HS) code on the DGFT website before you export.
§9Risks — where people fail
- Fire or shock complaints
- Metal and plastic price rises
- Price war
- Dealer credit
§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 extension board manufacturing unit, ask 10 buyers about price and quantity, and get quotations from 3 suppliers.
- Days 31–60: Udyam and the licences you need (Udyam registration, GST registration), 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 Extension Board Manufacturing?
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.