For thousands of years, India has been known to practise hand painting and block printing on textiles. Hand painting entails drawing an image with colour directly on the canvas. The same can also be done on bed sheets. When considering factors that contribute to a good night's sleep, bedsheets have been overlooked. They are, however, extremely important because they serve as your nighttime "jacket," providing warmth, insulation, and comfort. Fitted and flat bed sheets are the two most common types. Depending on the material and size, bed sheets are available in a wide range of styles. In terms of size, they come in single, double, queen, and king sizes. Cotton, linen, silk, and a variety of other fabric materials are among the options.
Market Potential
High durability, uninterrupted printing, cost-effective processing, and design flexibility are all factors that contribute to the global growth of printed textiles. Additionally, the reduction of screen costs for sampling, combined with short-run output in textile printing, is expected to increase the technique's penetration in mass customization, thereby complementing market growth. More than 78% of the handicraft units and 76% of the artisans are from India's rural areas. It demonstrates the value of handicrafts in the rural economy. 60% of India's total handicraft output is exported to other countries, while the remaining 40% is sold on the domestic market. The global printed textiles market was valued at US$ 146.5 billion in 2018 and is projected to grow at an annual rate of 8.9% over the next five years. It is expected that the market will grow and expand. In the Asia Pacific and the Middle East, changing customer preferences regarding the adoption of printed textiles is expected to have a positive effect on market development.
Technical Outlook
The raw materials required for bed sheet printing are fabric like cotton, silk, etc.; wooden blocks; a few bowls or trays; sponges; and other related accessories. Machinery and equipment are required to set up the fabric steaming machine and stitching machine, along with some other equipment.
Financial Outlook
The bedsheet printing business is not capital-intensive. With an average investment of Rs. 10 lakh to Rs. Can earn a substantial amount of 15 lakhs. Gross profit margin can vary from 15 to 20%. All such investments would include the cost of plant and machinery to be acquired for the setup. Working capital investment of around Rs. 3 lacks to Rs. 5 lacks would be required to take care of the running expenses. The setup area requires space for accessories such as inventory, workshop or manufacturing areas, power supply utilities, and generator setup. Also, certain areas of the building require office staff facilities, documentation, office furniture, etc. Thus, at the initial scale, the approximate total area required for a complete industrial setup is 1000 to 2000 sq ft. Human resources are also an essential input in the business. The average number of staff can range between 8 and 10, including skilled and unskilled staff. The benefit of subsidy under the PMEGP Scheme can also be availed of if the project cost is up to Rs. 50 lakh in the manufacturing sector.
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