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Wednesday, July 9 1997

Business Opportunities -- Low-cost, high-value giftware


Polystone/Polyresine is a versatile substance. It is the building block for a million dollar giftware industry. In many countries like Taiwan, Hong Kong, China and Thailand it has already taken a shape of a well-established industry manufacturing high quality hand crafted giftwares, and in India, it is yet to take off though there is a ready market. It has a great potential for exports.

You can manufacture a wide range of products and articles useful for home such as decoration items, table lamps, decorative clocks, photoframe, gift items for all ages and occasions. You can also reproduce any item and can manufacture any items in resemblance to metals like copper, bronze, silver etc. The raw materials and the equipment required in manufacturing are not at all expensive and are available indigenously.

It does not require huge funds and can be started on a tiny scale. You do not require a special workroom or any special machinery. An investment of Rs 10,000 is more than adequate for a business start-up. The most important fact about this industry is that it does not require power.

Polystone/polyresin is easy to use once you have mastered a few basic rules of the craft and once you begin to work with it you will discover that it has got many other possibilities and the scope is unlimited. It is specially a boon to middle class ladies to enhance the family income.

Share your ideas

Do you have an interesting business idea that will work? Have you seen a business idea carried successfully to its logical conclusion by a friend, relative or colleague? Or, are you a close corporate watcher, who delights in spreading light and wisdom within your circle of business friends?

Even if you are none of these, if you do have a business idea and are confident it will click if somebody else is able to muster the will and resources to give it a serious try, write to us.

Fe Enterprise's mission is to spread the entrepreneurial culture. We offer you an opportunity to participate in this endeavour by publishing the best business ideas every Tuesday. The best idea of the month-as judged by the Editor-will earn a cash reward of Rs 1,001.Please send your write-ups (in typed format) to: FE Enterprise, The Financial Express, Express Building 9-10, Bahadur Shah Zafar Marg, New Delhi - 110002. Fax: 3739821, 3716037.

Copyright © 1997 Indian Express Newspapers (Bombay) Ltd.

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