STEM Toys Manufacturing Unit Available Reports on this Title –
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Business Feasibility Study Report Business Model Project Report Business Plan Detailed Project Report
Executive Summary and Analysis •
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The STEM toys are manufactured based on Science, Technology, Engineering and Math concepts. These toys are more focused on practical applications of educational concepts which helps children in improving their skills in a fun way. The acceptance, as well as the popularity of STEM toys, is increasing in the market as the educational institutions have also started adopting the use of STEM toys in their classrooms for teaching the students. As per MBP analysis, the global market for STEM toys is highly regulated and has increased market demand, especially for chemistry kits, engineering kits, building blocks, robotic toys, etc.
Competitive Advantage & Pre-requisite Pre-requisite Revenue Generation Lifestyle Advancem ent
Employment Generation
Business License
2 1 Eternal Market
Skilled Worker
3 Competitive Competitive Advantages Advantages
Land location
4
Required Technical Expert
5 Market Potential
Supply Chain and Logistics
Market Dynamics Growth Drivers
Opportunities
• Adoption of modern learning techniques by schools. • Increasing income & parents concern about education.
• Provides practical experience for students. • Possibilities of advancement like AI, VR.
Challenges
Threat
• Increasing replica • Quality maintenance
• Existing entrants
Financial Summary •
Project – STEM Toys Manufacturing Unit
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Products– Coding Building Blocks
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Initial Investment – 1-2 Crores INR (approx.)
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Capital Investment – 0.5-1 Crore INR (approx.)
Toys,
Robotics,
Project Profile – Project Details
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Product Portfolio
Manpower Required
Legal Requirements
STEM Toys Manufacturing Unit
Skilled Labor & Executive Employee
Business & Industry Requirement
Types
Employment Generation
List
Science Based, Technology Based, Mathematics Based, etc.
1.
Skilled Labor – XX
1.
PAN & TAN
2.
Unskilled Labor – XX
2.
MSME Registration
3.
Driver – X
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Shop Act
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Plant executive – X ( for Dock, Process, Product, Store & for Lab)
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GST
5.
Supervisor – X
5.
XXX
6.
Operator -X
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XXX
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Admin Executive – X (Admin, HR, Account & Finance)
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XXX
8.
Marketing Executive – x (Sales & Marketing)
8.
XXX
9.
Director – X (Admin, Operation, Marketing & Finance)
9.
XXX
Start-up Budget and Production Details Production Details
Budget (INR) 1.
Pre-operative Expenses – XX,00,000
2.
Fixed Capital – XX,00,00,000
3.
Working Capital ( X Month) – X,00,00,000
4.
Total Investment – XX,00,00,000
5.
Cost Per Unit – XX INR
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Price Per Unit – XX INR
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Profitability – XX %
8.
BEP – XX Years
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ROI – XX %
1.
Operation – 1st Year – XX%, Second Year – XX% and 3rd Year – XXX %
2.
Working Days – X00 Per Annum
3.
Land Requirement – Industrial Land
4.
Area Required – X Acres
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Power Requirement – XX – X00 Kw (x Phase)
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Water Requirement – XX,000 LPD
7.
Transportation – XX, Km
Slide Title
Recent News(timeline) & MBP Analysis •
Kiri, a screenless smart toy for languages, STEM and more has been launched. Kiri is a tech-forward smart wooden block for ages 1 and up. Built on Montessori principles, it teaches languages, STEM, and an expanding library of subjects, all without a screen.
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Boise (city in Idaho) based startup “Lovevery” that makes toys for toddlers gets money from Google, Zuckerberg funds.
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A former IITian is making toys from waste to teach ‘Ahimsa’ to kids
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