§1What this business is
A few waxes are melted and dissolved in a suitable solvent in a heated stainless-steel jacketed vessel to make an even solution that gives floors a shine. The KVIC profile links demand to star hotels, tourist resorts and offices, and notes good export potential.
Capacity: 1,80,000 packs a year.
§2Is it right for you?
Who it is for
Someone who can sell to hotels, housekeeping contractors and offices.
Who it is not for
Someone who cannot handle flammable solvents safely.
Advantages
- Very low equipment cost (₹1.43 L)
- Simple mixing of waxes in a solvent
- Steady institutional buyers — hotels, resorts, offices
- Only 3 people needed
Drawbacks
- Large working capital (₹8.00 L of ₹9.43 L)
- Solvents catch fire easily — strict fire safety
- Wax and solvent prices change
- Branded polishes compete
Skills you need
- Wax and solvent formulation
- Safe chemical handling
- Filling and packing
- Institutional selling
Why difficulty 2/5: Simple process, but fire safety and institutional selling need care.
§3Market
Who buys
- Star hotels and tourist resorts
- Offices
- Homes with polished floors
How it sells
- Direct supply to hotels and offices
- Housekeeping contractors
- Hardware and general stores
Good to know
- The profile says floor polish has good export potential.
§4Raw material & machinery
| Item | Qty | Cost |
|---|---|---|
| Stainless-steel jacketed vessel, 30" dia, with electric heater (75 kg) | 1 | — |
| Air conditioner for a 10' × 15' chamber | 1 | — |
| Aluminium vessels, solvent storage tank, enamelled mugs, weighing scale | 1 lot | — |
| Testing equipment | 1 lot | — |
| Office furniture and fixtures | 1 lot | — |
From: KVIC Project Profile — Floor Polish (PMEGP)
- Waxesa mixture of a few waxes; raw material ₹40.32 L a year in the profile
- Solventto dissolve the waxes
- Labels and packing material₹75,000 a year
From: KVIC Project Profile — Floor Polish (PMEGP)
In our raw material database
§5Licences & registration
- Udyam registration
- GST registration
- Trade licence from the local body
- Fire NOC
- State Pollution Control Board consent (CTE/CTO)
- PESO licence if solvent storage is above the exempt limit
- Legal Metrology registration for packed goods
§6Schemes & subsidies
- PMEGPCentralActive15–35% subsidy
- MudraCentralActiveLoan up to ₹20 lakh, no collateral
- CGTMSECentralActiveNo collateral, up to ₹10 crore
A KVIC model profile for PMEGP; at ₹9.43 L it also fits MUDRA and CGTMSE.
§7Money
How the investment is worked out: Equipment ₹1.43 L (stainless-steel jacketed vessel with 75 kg electric heater, air conditioner for a 10' × 15' chamber, aluminium vessels, solvent storage tank, mugs, weighing scale, testing equipment, furniture) + working capital ₹8.00 L = ₹9.43 L. Own land, no rent.
Working capital: Working capital ₹8.00 L — most of the project; raw material ₹40.32 L a year.
Year not printed on the KVIC profile — check current machinery prices.
§8Export potential
Confirm the HS code in the DGFT ITC(HS) lookup before you export
Export council / board: CHEMEXCIL
- 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
- Fire
- Raw material price rise
- Credit to large buyers
- Uneven quality between batches
§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 floor polish (wax) 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 Floor Polish (Wax)?
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.