§1What this business is
PP resin with pigments and additives is mixed in a tumbler, pre-dried and formed into tags, which are packed 12 to a packet. Plastic tags are light, tamper-proof and long-lasting, and are used for prices, product details, inventory and equipment inspection in retail, chemicals, pharma and automobile firms.
Capacity: 1,500 packets (12 tags each) a day; year 1 at 50%.
§2Is it right for you?
Who it is for
Someone with links to retail chains, stationery and packaging dealers.
Who it is not for
Someone expecting a few large orders — this is a many-small-buyers trade.
Advantages
- Every shop and warehouse labels goods
- Plastic tags are durable and tamper-proof
- Used across retail, chemicals, pharma and automobile (report)
- Small, light product
Drawbacks
- Printed paper labels and barcode stickers compete
- Low price per piece
- High break-even (41%)
- Needs many small customers
Skills you need
- Plastic forming and finishing
- Custom printing and sizing
- Dealer network
- Order handling
Why difficulty 3/5: Low unit price and many small buyers.
§3Market
Who buys
- Retail shops and supermarkets
- Warehouses and factories (inventory tags)
- Chemical, pharma and automobile firms
How it sells
- Stationery and packaging dealers
- Direct supply to businesses
Good to know
- The report says cost-effectiveness, reuse, branding and better inventory management are driving demand for plastic tags.
§4Raw material & machinery
| Item | Qty | Cost |
|---|---|---|
| Tumbler mixer | 1 | ₹1,00,000 |
| Pre-drying set-up | 1 | ₹50,000 |
| Extrusion blow-moulding machine (as printed) | 1 | ₹15,00,000 |
From: PMEGP sample project report — Plastic Price Tag (prepared by Udyami/Samadhan)
- Polypropylene resinmain raw material
- Pigmentsfor colour
- Antioxidants and other additivesfor stability
- Packaging materialpackets of 12 tags
From: PMEGP sample project report — Plastic Price Tag (prepared by Udyami/Samadhan)
In our raw material database
§5Licences & registration
- Udyam
- GST
- State Pollution Control Board consent
§6Schemes & subsidies
PMEGP (report is a PMEGP sample); CGTMSE for collateral-free credit. The cost is above the ₹20 L MUDRA limit.
§7Money
How the investment is worked out: Samadhan report: plant & machinery ₹16.50 L, furniture ₹0.50 L, working capital ₹3.41 L = ₹20.41 L. Land own or rented.
Working capital: ₹3.41 L, bank finance ₹3.07 L.
Year not printed on the report — check current machinery prices.
§8Export potential
Confirm the HS code in the DGFT ITC(HS) lookup before you export
Export council / board: PLEXCONCIL (Plastics Export Promotion Council)
- 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
- Shift to paper and digital labels
- Resin prices
- Small orders and collection effort
- Machine downtime
§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 plastic price tag 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, GST), 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 Plastic Price Tag 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.